Why Now Might Be the Time to Buy Disney
Good investing decisions often feel terrifying in the short term. Months or sometimes years later, you're proven right or wrong. What feels "safe" is often the herd's consensus, and it's hard to outperform that approach when you're part of it.
The consensus around The Walt Disney Company (NYSE: DIS) is that nobody wants to own it -- and that is understandable. The company has dealt with challenges from COVID-19, investors souring on streaming, and a political storm in the state of Florida. The stock has been down nearly 40% over the past year.
So here's the question for investors: Is Disney a good stock with some negative headlines or a company on the brink of ruin? You won't know for sure until sometime in the future, but here is why I like the stock today and moving forward.
Source Fool.com
