Has disney bottomed?

It looks to me like it bottomed or is close to it. I know it wont shoot up fast or anything but I can see it going back up to 100 within a few years. So you're looking at a nice 8%+ per year. It's very unlikely it could fall even more than 85 because the last time it was this low was 2014. Disney has grown much more in that time. Disney has also had a history of very good management, it will bounce back. I'm probably gonna park a little bit in it and consider it like a bond with decent upside. Also of course once the writer's strike is over, it will jump up. It doesn't matter what the deal they struck is because it can not be better than what they already got before the strike. There is only upside here.

submitted by /u/YesMan847
[link] [comments] https://www.reddit.com/r/stocks/comments/15uuidg/has_disney_bottomed/
Created 1y | Aug 19, 2023, 4:20:17 AM


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