3 Reasons to Buy Disney Stock Like There's No Tomorrow

Despite being such an iconic business, Walt Disney (NYSE: DIS) has made for a terrible investment in recent years. Since February 2019, the share price of the media and entertainment giant is down 22%, which is worrying when you see the huge gain of the broader S&P 500 (SNPINDEX: ^GSPC).It can be easy to toss Disney out of consideration for your portfolio, but I believe the company deserves a closer look, with shares trading 46% below their peak. Here are three reasons to buy this top consumer discretionary stock like there's no tomorrow.The first reason to scoop up Disney stock is the improving situation within the direct-to-consumer (DTC) streaming segment. After launching Disney+ in November 2019, the business was posting massive operating losses in this division as it spent heavily to scale up the service. This seems to be a key factor that weighed on the stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool