Shares of Walt Disney (NYSE: DIS) dropped 7.4% after the company’s fiscal 2026 first-quarter earnings report, hitting an eight-month low. Weak results in the sports segment and higher projected spending contributed to the decline. However, Disney’s experiences segment, including parks and cruise lines, continues to drive earnings growth. The company’s streaming video-on-demand segment is now profitable, with operating income doubling. Despite challenges in the movie industry, Disney had a successful year in box office revenue. Disney plans to repurchase $7 billion in stock in fiscal 2026, signaling confidence in its value. The company’s valuation is discounted compared to historical averages, making it an attractive stock to buy.

Read more at Yahoo Finance: 5 Reasons to Buy Disney Stock Like There’s No Tomorrow