The Wrong Reason to Sell Disney
Disney's stock dipped last week after the company pushed back the release dates on two Pixar Animation films, meaning that next summer will be the first in eight years without a new Pixar movie in theaters. There are a few good reasons to sell your Disney shares, but this isn't one.
In the video below, Fool contributor Demitrios Kalogeropoulos argues that the scheduling change, despite its potential to ding to Disney's results next year, is a non-event for long-term shareholders. If anything, Demitrios says, investors should applaud the fact that Disney isn't releasing what could have been a subpar film just to pad results for a given calendar year.
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The article The Wrong Reason to Sell Disney originally appeared on Fool.com.Fool contributor Demitrios Kalogeropoulos owns shares of Walt Disney. The Motley Fool recommends DreamWorks Animation and Walt Disney. The Motley Fool owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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