Where Will Disney Stock Be in 1 Year?
Against seemingly long odds, Disney (NYSE: DIS) has staged a surprising comeback. Shares of the entertainment giant have jumped more than 50% off the low they hit last year, and keep pushing higher to set new 52-week highs.
Disney hasn't vanquished the challenges that pushed its stock to a nine-year low last year, but it has convinced investors that it's on the right track. Revenue, for example, was flat in its most recent quarter, but Disney seems well on its way to producing a profit in its streaming business by the September quarter as the company had previously promised.
That's one significant step investors should expect in the coming months. Let's take a look at other ways Disney stock will change over the next year.
Source Fool.com
