DIS - 3 Surprising Stocks Riding Disney's Coattails
If you believe in Disney (NYSE: DIS) but feel that the stock might be getting ahead of itself, you're probably not alone. The media giant's shares have been big winners in the new normal, even if it's about to post its fourth consecutive quarter of double-digit declines in revenue. With so much riding on the profitless Disney+ it's only natural to to wonder if there are other ways to cash in on Disney's success. Some of the names might surprise you.
Roku (NASDAQ: ROKU) , American Campus Communities (NYSE: ACC) , and longtime rival Comcast (NASDAQ: CMCSA) are riding on the continuing success of the House of Mouse. If one, two, or even all three names don't seem like companies that are benefiting from Disney's winning ways, let's take a closer look at these unlikely coattail hoppers.
Image source: Disney.
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3 Surprising Stocks Riding Disney's Coattails