Why Disney Stock is a Top Buy Right Now
Disney (NYSE: DIS) stock has not fared so well as the economy adjusts to inflation and the pandemic's current phase. Shares have been clobbered 33% in 2022 thanks to the bear market, hastened by aggressive U.S. Federal Reserve interest rate hikes to try and cool inflation.
After a brief rally following the last earnings update in August, Disney shares are back down to where they were in the summer of 2020.
The business is far from perfect, but the sell-off looks overdone. Disney stock looks like a top buy to me right now.
Source Fool.com
