Should I Buy Disney Stock Now?
Disney (NYSE: DIS) shares are down substantially because of the novel COVID-19 coronavirus pandemic. It appears every headline on the House of Mouse in the last few months is negative, which raises questions about recency bias among sellers.
Famed investor Ray Dalio often says, "most people tend to be biased by their recent experiences." The current scenario playing out for Disney may be causing shareholders to overshoot on the selling, possibly creating a buying opportunity.
Source Fool.com