The Fed Just Lowered Interest Rates. My Top Value Stock to Buy Now.
Disney(DIS) The Motley Fool·2024-09-29 22:05
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. ...