This Is My Best Reopening Stock
The Walt Disney Company (NYSE: DIS) was hit hard at the pandemic's onset. The entertainment titan had to temporarily shut some of its most lucrative, revenue-generating businesses to help slow the spread of COVID-19. The rebound from this challenging time will not be fast or easy. Therefore, the reopening will transition more like a dimmer than a switch.
Thanks to human ingenuity, scientists developed a vaccine against the virus in record time. Close to 6 billion doses of coronavirus vaccines have been administered worldwide. The daunting accomplishment is allowing governments to reopen economies. The change will once again alter consumer spending, this time away from manufactured goods and toward services. Here's why Disney is my top stock to buy as economies reopen.
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Source Fool.com
