#2 - Disney (NYSE:DIS)
Disney (NYSE:DIS) has been one of my “I told you so” stocks. Throughout the pandemic, I pounded the table to tell investors to hold on to Disney and wait for the economy to come back. During the pandemic, the company’s new streaming service, Disney +, did the heavy lifting in terms of revenue.
However little by little, the company’s theme park and hospitality business is coming back. In fact, Disneyland in California will soon be open on at least a limited basis.
In fairness, many investors recognized that the pandemic selloff for Disney was overdone. In the last 12 months, the stock is up 100% in the last 12 months but has slowed down in 2021 with a gain of just 5%.
It may take a little while for the company’s engine to fire on all cylinders. However, this is the time for investors to get on the Disney train, because it’s about to leave the station.
About Walt Disney
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
Read More - Current Price
- $112.03
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 19 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $123.58 (10.3% Upside)
