However, no one knows for sure what will happen. A strong quarter may not recover from the stock plunging 27% since February.
After all, films, cruise lines, and theme parks are not the only contributing factors. We must remember that Disney+ may have a negative impact due to low subscriptions and hesitant advertisers.
Wait and See
Albeit, Disney theme parks, and Disney Cruise Line continue to thrive during a global recession. So, don’t bet against its created momentum over the past three years.
Disney may save the day as it pulls out a positive report, and Disney stock may improve and it could potentially save the stock market. Therefore, what should your next move be?
Something to Consider
If you’re thinking about investing in The Walt Disney Company, consider this first. The Walt Disney Company is not on the list of stocks to buy right now. Do your research, because there may be better stocks to buy at this time.
Article Information: https://www.fool.com/
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