Buy The Dip in Disney After Magical Profit Beat

Key PointsDisney issued mixed results, and shares fell 5%, but this is a sell-the-news event for dip buyers. Cash flow and FCF exceeded expectations and led the company to increase its profit guidance by 500 basis points. Analysts are buying into this turnaround story and see the stock advancing 15% to 20% from the new lows. 5 stocks we like better than Walt DisneyWalt Disney NYSE: DIS faces headwinds like any other business, but its brand strength and operational resilience shine through. CEO Bob Iger deli ...