Reported about 1 month ago
In the shifting landscape of media, Walt Disney (NYSE: DIS) stands out as a compelling investment for the latter half of 2024. Despite challenges in its traditional television networks and DTC segment, Disney has shown signs of improvement in streaming profitability and plans significant investments in its experiences segment. With a forward P/E ratio significantly lower than that of the S&P 500, Disney offers an attractive buying opportunity for long-term investors, bolstered by its robust intellectual property portfolio.
Source: YAHOO