Disney Stock: Gorman's Buy, AI Deal, Bullish Outlook
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays
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Disneys stock, despite a volatile year, has shown resilience with a modest year-to-date gain. The companys board chairman, James Gorman, recently bought $2 million worth of shares, signaling confidence in the stock. Disneys iconic franchises and powerhouse status, coupled with a low P/E ratio and attractive dividend yield, make it an appealing investment. Recent earnings beat expectations, and analysts are optimistic, with a potential 19% upside. Disneys foray into AI further positions it for growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
