not vested
Best Dow Jones Stocks: Disney (DIS)
Perhaps the best Dow Jones stocks to buy are the ones that have suffered a tad bit, and that includes Walt Disney Co (NYSE:DIS).
Things haven’t been going gangbusters for the House of Mouse lately. The problems stem from four letters: E-S-P-N. With a million blogs, networks and other ways for viewers to get their sports fix, ESPN isn’t the behemoth it once was.
Adding to this is the general trend of cord cutting and the continued impact of streaming video. With this in mind, viewership and revenue for the sports channel have hurt Disney’s bottom line.
This has also hurt DIS stock over the last year.
But, perhaps those issues were a tad bit overblown. DIS actually has a lot going for it, namely its studio entertainment, parks and resorts and consumer products business.
All of these divisions continue to grow like weeds. For example, its latest Star Wars movie, Rogue One, continues to dominate the box office, while its Marvel comic franchise has produced many hits.
At the same time, DIS has unveiled plans to fight ESPN’s losses with new partnerships, streaming services and other tech buyouts. These should help turn the tide for any losses at the sports channel. In the end, Disney could be one of the best turnarounds when it comes to the Dow Jones stocks.
Source: The Trading Report