Disney Shares Jump on Strong Outlook. Is This a Great Opportunity to Buy the Stock?

Share prices of Walt Disney (NYSE: DIS) jumped following its fiscal 2024 fourth-quarter earnings release on Nov. 14 after the entertainment company reported strong streaming growth and issued upbeat guidance. After a tough stretch for the past few years, Disney stock has rebounded in 2024 and is now up nearly 24% for the year as of this writing.Let's take a close look at the company's fiscal fourth-quarter results and see if now is a good opportunity to buy the stock.One of Disney's most-watched business segments right now is its streaming services (a division of the Entertainment segment), which consist of Disney+ and Hulu. Disney's linear TV networks have been in decline, so streaming has been taking on a more important role.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool