Disney stock is down 44% but showing promise with direct-to-consumer streaming segment growth

From NASDAQ.: 2024-12-22 04:15:00

Investors may be struggling to find opportunities with the market at all-time highs, but there is a growth stock trading 44% below its peak. Disney (NYSE: DIS) has faced challenges with the decline of linear TV, but its direct-to-consumer streaming segment is showing promise. Disney+ added 4.4 million subscribers in Q4 2024, with operating income up 23%. Management expects DTC operating income to reach $1 billion in fiscal 2025. With Disney’s valuation at a forward P/E of 21.3, now could be a good time to consider adding shares. Don’t miss out on this potentially lucrative opportunity.



Read more at NASDAQ.: 1 Growth Stock Down 44% to Buy Right Now