The powerful entertainment company continues to get a thumbs-up from a top U.S. bank. As volatile as the entertainment industry it stands on top of, Walt Disney (DIS -0.41%) has been quite the upand-down stock so far in 2024. It seems there are just as many passionate believers in The House of Mouse as detractors who feel it's not what it's cracked up to be. Analyst Philip Cusick of JPMorgan Chase tilts more toward the former category. He recently reiterated his bullish take on Disney's future. Is this view ...

In the latest market close, Walt Disney (DIS) reached $94.15, with a +0.11% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.08%. Heading into today, shares of the entertainment company had gained 5.52% over the past month, outpacing the Consumer Discretionary sector's gain of 3.93% and the S&P 500's gain of 1.21% in that time. Analysts and investors alike will be keeping a close eye on the perfo ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

The entertainment sector is made up of companies that produce and distribute media content, operate theme parks, and provide leisure activities. This includes film studios, streaming services, video game developers, and live entertainment venues. Entertainment stocks represent ownership in these companies traded on public exchanges. The sector has undergone significant changes with the rise of digital streaming and interactive entertainment. Investing in entertainment stocks can offer several potential bene ...

The media giant has a lot going on as it kicks off fiscal 2025 this month.The losing streak is over. Shares of Walt Disney (DIS 0.19%) rose in September, a notable achievement after closing lower in each of the previous five months. Can it string together back-to-back months of positive returns?Disney won't report financial results until early next month, but it doesn't mean that October will be boring. It's the start of Disney's new fiscal year, for starters. From a significant pricing move to fresh conten ...

Walt Disney Co (NYSE:DIS) is down 0.2% to trade at $95.85 at last glance, even after Seaport Research upgraded the blue chip stock to "buy" from "neutral," citing its improved macroeconomic outlook. The brokerage also lifted its price target to $108, which is close to analysts' consensus price target of $110.86. Walt Disney stock is on track to snap a five-month losing streak today, and is fresh off its fourth-straight daily gain. Since the start of the year, the equity is up 6.2%. A short-term dip could so ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Walt Disney (DIS) .Disney currently has an average brokerage recommendatio ...

Disney (NYSE: DIS ) performed poorly through the heart of the summer, including in response to the earnings report it delivered in early August. Since the start of September, DIS shares turned themselves around, and are exiting the month on what appearsZvi provides advisory services to companies, trusts, and individuals, including consulting expert services regarding retirement and estate planning. Zvi is admitted to practice law in the state of New York, where he offers cash management, Bitcoin, and Trust ...

Disney is a solid buy for patient investors.In response to lower inflation and a softening labor market, the Federal Reserve decided to lower its benchmark interest rate by 50 basis points for the first time in four years on Sept. 18. Here's why lower interest rates could help Walt Disney (DIS 0.85%) improve its profitability and deliver on shareholder expectations, and why the value stock is a buy now. A roller coaster to forgetDisney launched its long-awaited streaming service, Disney+, in November 2019. ...

Hurricane Helene is on track to hit Florida and the Gulf Coast region Thursday night in what could be one of the most powerful storms to strike the regions in decades.Here's a look at the regions most affected, and how the hurricane is impacting travel, sports, and key stocks to watch.Hurricane Path: Hurricane Helene could hit and impact several major cities in Florida and the nearby states, including Tampa, Tallahassee and Atlanta.Currently a Category 2 hurricane, the storm could be elevated to a Category ...