Disney Shares Jump on Strong Outlook. Is This a Great Opportunity to Buy the Stock?
Disney(DIS) The Motley Fool·2024-11-20 10:41
Share prices of Walt Disney (DIS -0.99%) jumped following its fiscal 2024 fourth-quarter earnings release on Nov. 14 after the entertainment company reported strong streaming growth and issued upbeat guidance. After a tough stretch for the past few years, Disney stock has rebounded in 2024 and is now up nearly 24% for the year as of this writing.Let's take a close look at the company's fiscal fourth-quarter results and see if now is a good opportunity to buy the stock.Streaming strength helps DisneyOne of D ...