Time to Buy Disney Stock?
It's been a brutal year for Walt Disney (NYSE: DIS) stock. Shares have slid nearly 7% year to date, even as the S&P 500 has risen more than 16%.
Ouch.
But investors might be wondering whether this is one of those times where famed investor Warren Buffett's advice to be "greedy when others are fearful" holds true. After all, the stock is down 7% year to date and 26% over the last five years. This poor performance is in spite of the fact that Disney's trailing-12-month revenue has risen almost 50% during this period.
Source Fool.com