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19.11.2024 17:47:00

Disney Investors Just Got Fantastic News, but Is the Stock a Buy?

Tired Walt Disney (NYSE: DIS) shareholders were the recipients of some positive news last week when the company provided a positive update about its business. But the stock is still underwhelming, up only 27% over the past 10 years. That's staggering underperformance for a Dow 30 stock, and might make you think twice before deciding that the company is a worthwhile investment.Let's see what all the fuss is about and whether or not you can entrust your hard-earned money in a stock that has been a disappointment for too long.Media and content consumption has shifted dramatically over the past five or so years. Disney was gearing up for a streaming takeover when it acquired part of Hulu and launched Disney+ in 2019. What it wasn't prepared for, though, was how the entire media landscape would shift when the pandemic started.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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