Could Disney Be a Millionaire-Maker Stock?
There is no doubt that Walt Disney (NYSE:DIS) has made millionaires out of shareholders in the past. Over the last ten years, the stock has grown at a compounded annual rate of 13%. That was good enough to turn those who invested $295,000 in the stock into millionaires. However, things may be different in the next ten years and most of us don't have $295,000 to invest. Still, the company has a lot going for it.
The fact that people are staying home more has created a surge in demand for in-home entertainment, helping the company's Disney+ streaming service take off with flying colors. True, Disney has made millionaires out of shareholders in the past, but let's look if it can continue to be a millionaire-maker stock.
Source Fool.com
