Why You Should Buy Disney if More Parks Close
Disney (NYSE: DIS), like many other businesses, is facing the many challenges that arose with the outbreak of the novel COVID-19 coronavirus. It has already shut down operations at three of its parks. With the recent news that a staff member in its Paris location tested positive for the coronavirus, the likelihood of more paused operations increases.
If it does close additional parks in areas where risks of contracting the virus are rising, it would be the prudent thing to do. Here are a few reasons why the potential sell-off of its stock following such an announcement could present a buying opportunity for long-term investors.
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Source Fool.com
