Reported about 1 month ago
Disney's stock has seen a nearly 30% decrease over the past five years, yet its financial metrics show resilience, with increasing revenue and operating income. Recent leadership changes have prompted optimism regarding its future, especially with plans for a thorough CEO succession process led by James Gorman. The company's streaming sector has finally become profitable ahead of schedule, contributing to its recovery. Given the low current trading valuations, many experts suggest it might be a good moment for investors to consider buying Disney shares.
Source: YAHOO