Why Now Is a Good Time to Buy Disney
Disney shares just hit another all-time high in the wake of the company's latest quarterly earnings results -- but investors shouldn't let that record price keep them away from owning a piece of this awesome business.
In the video below, Fool contributor Demitrios Kalogeropoulos makes the case for buying Disney here, noting that the entertainment giant is seeing broad growth across its business lines. Sure, the runaway hit Frozen helped the studio division post a spike in earnings, which is just the start of a long trip through Disney's entertainment empire for the new property. A boost in profitability for Disney's parks and resorts could be even better news, he argues, as it points to strong pricing power ahead of a big slate of new brand launches.
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The article Why Now Is a Good Time to Buy Disney originally appeared on Fool.com.Demitrios Kalogeropoulos owns shares of Walt Disney. The Motley Fool recommends 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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