3 Reasons to Buy Disney Stock, and Why You Should Buy It in January

Walt Disney (NYSE: DIS) investors who were confident about a rebound in 2024 got a kind of rebound. Disney stock gained 24.5% last year, and I include that half percent because it was just a half percent off the S&P 500's 25% gain. That's not too bad, but not exactly magnificent.Are Disney's better days over? I don't think so. I don't expect Disney to run circles around the broader market, but I do expect it to keep its top spot in entertainment and media, increase its dividend, and create shareholder value. Here are three reasons to buy it, and another reason to buy it right now.As the leading global content creator, it's not surprising that Disney has developed one of the most competitive streaming platforms in the world. That includes Disney+ as well as Hulu and ESPN+. It has been one of the top media companies for decades, with a portfolio that includes the ABC network and several smaller networks, but it made an early switch to streaming in 2019.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool