Are Walt Disney shares set for gains?
Walt Disney is entering a strong time of year. Over the last 14 years, the stock has risen 12 times between April 22 and May 10. The largest return was +27.37% in 2009. The largest loss was -4.05% in 2010. The average return has been +4.80% over the last 14 years and the annualised return is +159.83%.
Is now the time to buy Walt Disney stocks? Will re-opening hopes on a mass vaccination US programme keep stock markets supported?
The Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California
Trade Risks: There is a growing risk that investors consider equity markets overbought and that could see a sharp correction lower. It is hard to know when that correction will come, but investors need to be aware of the potential risk.