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Disney Stock: Bull Vs. Bear

Disney Stock: Bull Vs. Bear

Earnings season is in full swing and from which came one of the most anticipated financial updates Walt Disney (NYSE: DIS). The company reported revenue and adjusted earnings per share that beat expectations, but shares were down about 4% at the time of writing on the day of the announcement.

This weakness continues a steady decline for the beaten down stock media and entertainmentwhich is trading 57% below its March 2021 peak. Before you rush to buy, however, learn about the key bull and endure arguments.

I think four noted factors will make investors appreciate this company. For starters, Disney has one of the widest economic moats. It’s supported unmatched intellectual property (IP).

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