DIS - Forget Disney: Buy This Unstoppable Growth Stock Instead
2024-05-27 05:45:00 ET
After a few years of disappointing stock performance, Walt Disney (NYSE: DIS) is looking a bit more magical these days. The stock has climbed 12% over the past year, and the company has made progress in cutting costs and boosting growth. In the most recent earnings report, the entertainment giant even reported profitability for the entertainment streaming business -- Disney+ and Hulu -- and forecast profitability for its entire streaming business in the fourth quarter of this fiscal year.
All this sounds great, and Disney makes an interesting buy -- but another consumer stock makes an even better recovery and growth investment right now. This player, like Disney, attracts vacationers -- and struggled when it had to halt operations during early pandemic days.
In more recent times, though, this company has demonstrated its ability to streamline operations, become more efficient, and bring in customers at record levels. And over the past year, this stock has soared more than 30%. Let's take a closer look at this unstoppable growth player to buy instead of Disney.
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Forget Disney: Buy This Unstoppable Growth Stock Instead