This Top Stock Is Down 36%. But It's the Most Inflation-Resistant Business I Have Ever Seen
We all know a good business when we see one: Long lines, happy customers, high margins, and a powerful brand that gives a business an edge over the competition. In today's inflationary environment, the ability to raise prices and have customers shrug it off is rare. Walt Disney (NYSE: DIS) World has this quality in spades. But Disney is so much more than just Disney World.
Disney is a massive media conglomerate that consists of 12 Disney Parks, a studio entertainment business, merchandise, licensing, cable, direct-to-consumer streaming via Disney+ and ESPN+, ownership of the movie and TV portions of 21st Century Fox, a 67% stake in Hulu, and more.
Down 36% from its high, Disney looks like a stock worth buying on sale. Let's discuss why Disney's business is doing well right now despite its falling stock price, and address some concerns worth monitoring in the years to come.
Source Fool.com
