Can Disney Stock Stay Above $100 This Time?

It's a tale as old as time, as they say in Walt Disney's (NYSE: DIS) Beauty and the Beast.The beauty? Disney does something that makes it attractive to Wall Street. It could be another box office blockbuster, general market appreciation that content is king, or -- as investors saw Wednesday morning -- a blowout financial update. The stock price leapt its way out of the high double digits, landing north of $100.Then comes the beast. It could be a theatrical flop, slowing turnstile clicks at its theme parks, or just the general frustration with Disney's tendency to fall back into single-digit revenue growth. It may feel like a recurring dream that turns into a nightmare, but this is the fifth consecutive calendar year Disney shares have hit triple digits, only to buckle below $100 later in the year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool