Could Disney End Up Being the Next Nike?
Disney's stock has been falling sharply over the past five years, but investors shouldn't assume it's bottomed out.
Overview
Walt Disney (NYSE:DIS) and Nike have been iconic brands for decades. They have, however, been struggling of late. Their valuations have been declining, and generating strong growth has also been much more of a challenge than it has been in the past. Both have also changed CEOs in recent years.
Disney's decline hasn't been as disastrous as Nike's (it has lost nearly 80% of its value in five years), but it could end up following the same path. Here's why I think investors are better off avoiding the entertainment stock.
Image source: Getty Images.
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Originally published at www.fool.com.
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