I've Been Writing About Disney Stock for 30 Years. Here's Why My Conviction Has Never Been Higher.
The Mickey Mouse company is trading at a Goofy price.
Overview
You learn a lot writing about the stock market, and I've been doing that for a long time. As a contributor to The Motley Fool since 1995, I've covered a lot of companies. I still get chills down my spine when I come across a new potential investment. It can also be humbling, especially since many of the stocks I wrote about more than 30 years ago are no longer around.
One of the handful of companies I was covering three decades ago that is still thriving is Disney (NYSE: DIS). You wouldn't know it from the stock chart. The shares are down 10% over the past year, while the broader market reaches new heights. Disney stock has been cut nearly in half since peaking a little over five years ago.
Details
I see opportunity in the apathy. Here is why my bullish conviction in the House of Mouse as an investment has never been higher.
Source
Originally published at www.fool.com.