Despite Disney’s Streaming Business Finally Turning Profitable, Stock Experiences Decline

Motley Fool Stock Advisor’s Top 10 Stocks for Investors to Buy Now, but is Walt Disney Worth Considering?

Walt Disney’s second-quarter earnings report has shown significant progress in profitability, indicating that the company is moving in the right direction. The video discussing this was published on May 7, 2024, based on stock prices from May 6, 2024.

Before deciding to invest in Walt Disney, there are several key factors to consider. The Motley Fool Stock Advisor analyst team recently identified their top 10 stocks for investors to buy now. Unfortunately, Walt Disney did not make the list. However, the stocks that were chosen have the potential to generate substantial returns in the coming years.

For example, Nvidia was included on the list back in April 15, 2005. If you had invested $1,000 at the time of recommendation, you would have $544,015 today. The Stock Advisor service offers investors a roadmap for success by providing guidance on portfolio building and regular updates from analysts. Since 2002, the service has greatly outperformed the S&P 500.

Despite Neil Rozenbaum having no position in any of the stocks mentioned, The Motley Fool holds positions in and recommends Walt Disney. While some may be wondering why the stock is down despite its streaming business being profitable, it’s important to remember that there are many factors that can affect a stock’s performance beyond just profitability. Nonetheless, if you’re considering investing in Walt Disney or any other company for that matter, it’s always a good idea to do your research and stay informed about market trends and developments before making any decisions.

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