Share prices of Walt Disney (NYSE: DIS) are up 30% since hitting a 52-week low of $90.23 in early July. Disney did its part to justify that move by announcing solid operating results for the fiscal third quarter that ended July 2.

While Disney's performance looked strong across the board, a key highlight was the parks, experiences, and products segment, which nearly doubled its revenue year over year to $21 billion through the first nine months of fiscal 2022 (The fiscal year ends Oct. 1).

Investors should watch two catalysts with respect to the parks business that could unlock more gains for Disney stock buyers over the next five years.

Continue reading

Source Fool.com