Stock Market Sell-Off: Is Disney a Buy in 2023?
A stock market sell-off in 2022 brought declines across numerous industries, and entertainment companies were among the hardest hit. Shares in such names as Netflix, Warner Bros. Discovery, and Walt Disney (NYSE: DIS) have fallen between 41% to 59% as macroeconomic headwinds have proven tough to overcome.
Despite market declines, the past year has shown the potency of Disney's content and nearly unparalleled dominance in entertainment. Here's why Disney shares are worth an investment in 2023.
This year will mark 100 years of business for The Walt Disney Company, solidifying it as one of the most successful entertainment businesses in history. The House of Mouse has remained a pillar of the industry with its strength at the box office, theme parks, and now video streaming.
Source Fool.com
