Where Will Disney Stock Be in 1 Year?
It's been a tumultuous few years at Disney (NYSE: DIS). There have arguably been few companies that are dealing with as much volatility as Disney, even other large companies with broad businesses like Amazon.
There have been so many ups and downs across its categories that it's almost like a game of whack-a-mole. Let's see what's up and what's down right now, and whether or not things might stabilize over the next year.
I'm giving this an overall up, but the streaming business is going through its own volatility. It's taking longer than Disney investors have been comfortable with to become profitable. Management has made streaming a key part of its growth strategy, and reiterated that it's on target to get there by the fiscal fourth quarter. Without the sports component, streaming was already profitable in the second quarter (ended March 30).
Source Fool.com
