Should You Buy Disney Stock Below $100?

It has been a tough decade for Walt Disney (NYSE: DIS). The stock just fell below $100 again, a price it had hit all the way back in 2015. After a successful run acquiring Marvel and Pixar in the 2000s, the entertainment giant has been hurt by the transition to streaming TV, the slow decline of movie theaters, and a bloated cost base.Over the last 10 years, Disney's stock has posted a total return of just 26%. The S&P 500 index has left it in the dust, returning 241% for investors over that same period. However, there are signs that Disney's prospects may be looking up again. Should you buy the fallen angel below $100 a share? Let's investigate further and find out.As with many large companies, Disney's expenses became overblown during the pandemic. At one point in 2021, the company posted close to $0 in operating profits, something it hadn't done in decades. Earnings declines caused the board of directors to bring back longtime CEO Bob Iger to get Disney back on course.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool