Down 57%, Is Disney a No-Brainer Stock to Buy Now on the Dip?

With its iconic franchises and well-known characters, Walt Disney (NYSE: DIS) is a company most people are familiar with today. But that doesn't mean it has turned out to be a great investment. In fact, over the past decade the shares have produced a total return of only 14%, seriously lagging the broader S&P 500 by a wide margin. As of this writing, the top media stock trades 57% below its peak price from early 2021.Could Disney be a no-brainer investment right now on the dip?Disney has some momentum on its side. That's because the business just reported better-than-expected financial results for its fiscal 2024 third quarter (ended June 29). Revenue of $23.2 billion was up 4% year over year, driven by 2% growth in the Experiences segment and 4% growth in the Entertainment division, which houses the company's various media assets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool