A Bull Market Is Coming: 3 Reasons to Buy Disney Stock Right Now
Following a lackluster earnings report earlier this month, Walt Disney's (NYSE: DIS) stock is trading near its 52-week lows.
Investors appear to be drastically undervaluing the media titan's long-term profit potential.
Disney's fiscal second-quarter earnings release had its fair share of bright spots. Revenue was up 13% year over year to $21.8 billion, driven in part by a 12% rise in direct-to-consumer sales, to $5.5 billion. But investors seemed to focus on a slight decline in the company's streaming subscriber base.
Source Fool.com
