What the Smartest Investors Know About Disney Stock
In 2023, Walt Disney (NYSE: DIS) will enter its second century of business. The achievement solidifies its position as one of the world's most successful entertainment companies, likely to still be around another 100 years from now. As a result, it's a company every savvy investor should have on their radar.
The entertainment industry has had a challenging few years, with the pandemic closing theaters and theme parks and stifling companies' revenues in 2020 and 2021. Reopenings throughout the last year have offered a significant boost. However, those in the streaming industry have had to contend with steep competition that required hefty content spending.
Disney has had ups and downs over the last few years but has continued growing thanks to its resilient business. Here are three things smart investors know about the Walt Disney Company, and you should, too.
Source Fool.com
