Can Disney Stock Get Back Above $100 This Week?

It's been more than four months since Walt Disney (NYSE: DIS) shares have traded in the triple digits. The media giant's stock last topped $100 in late June, but it's closing in on the round milestone.Momentum is on its side. The shares are moving higher for the third consecutive month. Disney also clocked in with intraday highs north of $99 -- just below $100 -- for the last three trading days of last week. All it needs is one last catalyst to push it higher, and that could come next week with a critical financial update.Disney tends to report near the tail end of earnings season. It will announce its fiscal fourth-quarter results on Wednesday afternoon. Expectations are modest on the top line, but ambitious at the other end of the income statement.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool