Will Walt Disney Stock Underwhelm in 2022?
Entertainment conglomerate Walt Disney (NYSE: DIS) receives a lot of attention these days for its thriving Disney+ streaming service, but it's important not to forget the cruise lines, theme parks, and other aspects that contribute to the bottom line. That diversification has helped the iconic company to be a winning stock in the long-term. However, it may leave shareholders wanting more this year. Investors should consider these three potential red flags heading into 2022.
Disney's fantastic intellectual property drives most investor attention to its streaming service Disney+, but other significant parts of the business are still struggling through the pandemic. Disney's parks and experiences segment houses its resorts and cruise lines -- tourism-driven businesses -- and the drop in travel from COVID-19 has significantly impacted revenue and profits.
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Source Fool.com