Walt Disney’s second-quarter earnings report revealed significant progress in profitability, indicating that the company is on track for continued growth. However, before investing in Disney, it’s important to consider the opinions of experts.
Recently, The Motley Fool Stock Advisor analyst team identified the top 10 stocks for investors to buy now. Unfortunately, Disney did not make the list. However, the analysts have a proven track record of selecting stocks with potential to generate substantial returns in the coming years.
For example, Nvidia was included on their list back in April 2005. If you had invested $1,000 at the time of recommendation, you would have over $544,015 today. The Stock Advisor service provides investors with a roadmap for success and includes regular updates from analysts as well as two new stock picks each month. Since 2002, this service has greatly outperformed the S&P 500.
Although Neil Rozenbaum has no position in any of the stocks mentioned, The Motley Fool holds positions in and recommends Disney. The author may be compensated as an affiliate of The Motley Fool for promoting their services. However, his opinions remain independent and unaffected by affiliation.
The article “Disney’s Streaming Business Is Finally Profitable. So Why Is the Stock Down?” originally published by The Motley Fool highlights some of the challenges faced by Disney as they continue to grow their streaming business while also maintaining profitability across all aspects of their operations.