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Stock Market Sell-Off: Is Disney a Buy?

TheMotleyFool

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Stock Market Sell-Off: Is Disney a Buy?: https://g.foolcdn.com/editorial/images/727611/family-watching-movies-streaming.jpg

A stock market sell-off in 2022 led Walt Disney's (NYSE: DIS) stock to plunge 44% as other entertainment companies suffered a similar fate. Disney shares have started to recover in 2023 but remain down 24% year over year, prompting the question: is this still a buying opportunity?

Disney celebrates a century of business in 2023, solidifying it as one of history's most successful entertainment companies. The House of Mouse has strong positions in a wide range of entertainment venues -- including the box office, streaming, and theme parks -- and the stock has a history of consistent stock growth.

Here's why Disney is a buy now.

Source Fool.com

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