How Disney Stock Becomes a Multibagger

By Travis Hoium – Aug 30, 2023 at 6:45PM

NYSE: DIS

Walt Disney

Market Cap

$207B

Today's Change

(-0.04%) -$0.04

Current Price

$112.73

Price as of April 26, 2024, 4:00 p.m. ET

The market doesn't like Disney stock at the moment, but that's an opportunity for investors who see the bigger picture.

Disney (DIS -0.04%) is going through a number of transitions at once, and the market isn't happy with what it's seeing. But dig a little deeper, and Disney has a solid core and is well positioned for the future of streaming. In this video, Travis Hoium highlights why this could be a multibagger stock.

*Stock prices used were end-of-day prices of Aug. 28, 2023. The video was published on Aug. 30, 2023.

Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.