If I Could Only Buy and Hold One Stock For 20 Years, This Would Be It
Despite Tuesday's sizable rebound, the S&P 500 remains down 1% in March and over 10% year-to-date.
Walt Disney's (NYSE: DIS) stock is down by roughly 30% from its high. Moreover, the stock has been underperforming the S&P 500 over the last year, three-year, five-year, and 10-year time frames. Disney certainly has a slew of short-term challenges, lacking a dividend and still licking its wounds from the COVID-19 pandemic. But the long-term outlook for the media stock has never been brighter.
Here's why Disney is my personal favorite stock to buy today and own for at least 20 years.
Source Fool.com
