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Disney stock investors are slowly being rewarded for their patience.
In this video, I will go over Walt Disney's (DIS -0.04%) fiscal first-quarter earnings report for the period ended Dec. 31, which showed great progress on profitability. Disney also plans to invest $1.5 billion in Fortnite maker Epic Games. This is a smart move.
*Stock prices used were from the trading day of Feb. 7, 2024. The video was published on Feb. 8, 2024.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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