This Might Be a Great Time to Buy Disney Stock
Disney's (NYSE: DIS) business was hit hard by the coronavirus pandemic. Shutting down several of its services for months on end cost the company billions of dollars in lost revenue and profits.
Thanks to human genius, several effective vaccines have been developed against COVID-19, and nearly 4 billion doses have been administered worldwide. That allowed economies to start reopening and removing restrictions on businesses. Still, the delta variant of the virus is causing a surge in infections and has investors worried it could derail the pace of reopenings. The pause in reopening optimism could be a great opportunity for long-term investors to buy Disney stock.
Image source: Getty Images.
Source Fool.com
