340 Reasons to Put Disney on Your Holiday Shopping List
Investors weren't too happy with Walt Disney's (NYSE: DIS) fourth fiscal quarter (covering the period ended Oct. 2). Although sales rebounded with a 26% year-over-year increase,earnings came in below the analyst consensus, and Disney+ additions were a low 2.1 million.
The stock tanked after the report, falling about 10%. But management isn't worried about subscriber count, which is called a "non-linear" process, and maintained its overall goals. And there are other reasons to stay bullish on the stock: 340 of them, to be exact.
Image source: Disney.
Source Fool.com
