Disney’s Magical Seasonals
On February 8, Disney is set to release its earnings figures for Q4 2022. So, with Disney prices at relatively low prices is this strong seasonal pattern worth considering as an opportunity to buy Disney stock?
Over the last 10 years, Disney shares have gained 9 times between January 27 and February 17. The average return has been a decent 5.08% and the maximum gain – an impressive 14.36%.
So, with Disney set to reveal its earnings in early February, does it make sense to buy into the stock now?
Major Trade Risks: The main risk here is that the US heads into a severe recession and that weighs on Disney’s share prices giving them another deeper leg lower.
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