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Prudent Capitalist

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Prudent Capitalist

Re: swanlinbar post# 5657

Tuesday, 06/13/2023 11:02:27 AM

Tuesday, June 13, 2023 11:02:27 AM

Post# of 6272
Disney Stock Could Double: Return To Historical Performance

Shares of Walt Disney (NYSE: DIS) were trading as high as $203 per share just two years ago when justifiable reasons to worry about the underlying business fundamentals and drivers should have been at all-time highs. Today, the stock broke below $90 per share for a 58% decline since 2021.

Considering the massive 'moat' around the Disney brand and its reliability to continue to expand into high-growth markets like streaming services, the case for this stock reaching its former highs is stronger than ever.


https://www.entrepreneur.com/finance/disney-stock-could-double-return-to-historical-performance/453983#:~:text=Disney%20Stock%20Could%20Double%3A%20Return%20To%20Historical%20Performance,catalyst%20to%20realize%20analysts%27%20top-side%20estimates%20of%20%24177.
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