Mickey Mouse is feeling pretty good these days.
Shares of Disney (NYSE: DIS ) hit an all-time high this month, and an improving global economy should translate into improving fundamentals at the family entertainment giant.
Analysts see Disney's earnings climbing at a 12% clip this fiscal year, and 13% come fiscal 2014, but that may ultimately prove too conservative. Underestimating the entertainment powerhouse has worked wonders for Disney stock before. It can happen again.
In this video, Rick looks at how Disney's latest acquisitions -- even though they set the media giant back billions -- will pay off nicely by expanding its addressable market. If the Pixar and ESPN deals seem brilliant in retrospect, the future is even brighter for its more recent deals for Marvel and Lucasfilm.
Disney stock has been a winner before, and the stage is set for some more victory laps in the future.
It's easy to forget that Walt Disney is more than just the House of Mouse. True, Disney amusement parks around the world hosted more than 121 million guests in 2011. But from its vast catalog of characters, to its monster collection of media networks, much of Disney's allure for investors lies in its diversity, and The Motley Fool's premium research report lays out the case for investing in Disney today. This report includes the key items investors must watch, as well as the opportunities and threats the company faces going forward. So don't miss out -- simply click here now to claim your copy today.