Disney Stock: Dow Jones Dog Could Bounce Back
11 Januar 2022 - 07:16PM
TipRanks
Legendary media and entertainment kingpin Disney (DIS) ended 2021
with the unenviable title of Dow Jones Industrial Average dog.
Undoubtedly, it's been a brutal year for the house of mouse amid
ongoing COVID-19 pandemic pressures that hurt the parks and cruise
business quite badly. As Omicron peaks, Disney may prove to be the
ultimate reopening stock for the summer, especially if the Omicron
wave is the last one. Indeed, it's hard to time the end of the
pandemic, but eventually, it will end, and once it does, it'll be
hard to keep one of the Dow's best blue chips down for a prolonged
period.
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Walt Disney (NYSE:DIS)
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Walt Disney (NYSE:DIS)
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