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Will Disney Hit $200 in 2022?

TheMotleyFool

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2021 was a rough year for Disney (NYSE: DIS).

The entertainment giant's stock is down 15% year to date, badly trailing the S&P 500's gain of 26%. A slowdown in growth at Disney+ and the resurgence of the delta coronavirus variant helped torch what had looked like a promising year for the family entertainment company.

Disney may be down at this point, but it would be a mistake to count it out. A number of catalysts could drive the stock higher in 2022, including a COVID recovery, though the omicron variant seems to be spoiling that hope for now.

Source Fool.com

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