VIACA - You Better Use Your Money To Visit Disney's Parks Rather Than Invest In Disney's Stock
- Disney parks are great fun. They've always been, and they always will be. The stock, however, is another story.
- Don't get us wrong: Not only do we have the highest respect for the Disney corporation and brand, we're also not bearish on the stock.
- Having said that, and under the current (still COVID-led) circumstances, we don't think that DIS is an attractive-enough investment for the next 12 months.
- As much as Wall Street, surely Bank of America, is enthusiastic about the stock, especially following the recent quarterly earnings, we remain way more suspicious.
- Therefore, we rather ensure a double-digit return out of holding DIS for the next 12 months, even if the stock won't move a cent from its current level.
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You Better Use Your Money To Visit Disney's Parks Rather Than Invest In Disney's Stock