#1 - Disney (NYSE:DIS)
Disney (NYSE:DIS) is one of my all-time favorite stocks for many reasons. But the company’s business model provides so many lessons for graduates. Those of us of a certain age can remember when DIS stock wasn’t an ideal growth stock. However, Disney was reinventing itself before that phrase became cliché.
Today’s graduates grew up watching The Disney Channel. They don’t remember a world without Pixar Films. And during the pandemic, it’s likely that many of them turned to Disney+ as a way of passing time. This concept of reinvention gives Disney multiple revenue streams; an attribute that helped the company weather the pandemic when their theme parks and cruise lines were not in operation.
Disney suspended its dividend during the pandemic, but that will likely be reinstated as the company begins to fire on all cylinders. When the dividend comes back into play, it will be yet another compelling reason to buy and hold Disney shares.
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)
