Walt Disney (NYSE:DIS) stock had been consolidating for years near the $100 mark. Last quarter, though, Disney stock finally broke out, as DIS has been delivering on various fronts. As a result, the owners of DIS stock are now looking toward the future, rather than at the rear-view mirror.
Disney’s success has also brought DIS stock to the attention of many new investors who are considering a position in the name. Let’s have a look at some pros and cons of Disney stock.