Should You Buy Disney Stock While It's Below $120?

Shares of Walt Disney (NYSE: DIS) have been trending higher in the past several months. Thanks to improving financial performance and positive market sentiment, the stock has climbed 26% in the last six months. This gain meaningfully outpaces the broader S&P 500. As of this writing, shares still trade 44% off their all-time high, which was achieved in March 2021. Investors might believe the business still deserves a closer look. Should you buy Disney stock while it's below $120?Between fiscal 2018 and fiscal 2021, Disney's segment operating income was cut in half (Disney's fiscal year ends in September). That's certainly a troubling data point that helps explain why shares are still trading at a sizable discount to their record.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool