02.12.2024 13:30:00

5 Dates for Disney Stock Investors to Circle in December

You might not view Walt Disney (NYSE: DIS) as a holiday play, but the media giant is built for December. It's a conglomerate ripe for this time of year. Its theme parks see a seasonal bounce this time of year, particularly later this month, when schools let out for two weeks. Disney also always seems to have a blockbuster or two hitting theaters as the calendar year comes to a close. As the majority stakeholder in ESPN, it even sees a boost in audience levels as the college and pro football seasons start to heat up.After a challenging summer, the stock has been rising in the fall. Disney shares have moved higher for three consecutive months, recently hitting seven-month highs. Momentum is on its side, and it has a few events slated for December that could stretch that winning streak to four months. Let's take a closer look.Now that Disney+ is profitable, investors can applaud the arrival of fresh content on the premium streaming platform without worrying about how it will affect the company's bottom line. Its next potentially promising series will hit the service on Monday night.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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