DIS - 5 Reasons to Buy Disney Stock Hand Over Fist Right Now
2024-06-29 08:00:00 ET
Shares of The Walt Disney Company (NYSE: DIS) have taken investors on a less-than-magical thrill ride in recent times. The stock is up 13% in 2024, but also down 17% from its 52-week high set in March -- and far below the heights it reached in early 2021.
While this type of volatility can be frustrating, it may also offer an opportunity to pick up shares in a great company at a discount. Here are five reasons why Disney stock could be a screaming buy right now.
The recent weakness in shares of Disney goes back to its first-quarter earnings (for the period ended March 31), highlighted by some mixed results and muted guidance. Earnings per share (EPS) beat estimates, but annual revenue growth of 1.3% came in slightly below expectations.
For further details see:
5 Reasons to Buy Disney Stock Hand Over Fist Right Now