3 Reasons Walt Disney Stock Is Still a Buy

Investors have been exuberant over Walt Disney's (NYSE: DIS) prospects ever since the company unveiled its new streaming services in April, including the much anticipated Disney+. Disney+ won't launch until Nov. 12, but investors are already looking ahead to the gravy train of profits Disney is set to earn over the long term, as the House of Mouse brings all of its entertainment franchises under its new streaming service. 

The stock is up about 11% since the official announcement of Disney+, but it's not too late to jump on board. Disney has tremendous growth potential stemming from its valuable entertainment properties and its ability to raise prices at its theme parks, as well as the new streaming services.

Here are three reasons Disney stock is still a buy.

Continue reading

Source Fool.com