5 Best Media Stocks To Buy Now

2. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 112

The Walt Disney Company (NYSE:DIS) is a global entertainment company operating through its Disney Media and Entertainment Distribution, and Disney Parks, Experiences, and Products segments. The company is based in Burbank, California.

Ivan Feinseth at Tigress Financial holds a Buy rating on The Walt Disney Company (NYSE:DIS) shares as of November 22.

The Walt Disney Company (NYSE:DIS) beat subscription estimates in the fourth quarter, adding 12.1 million subscribers in the quarter. The company’s parks segment grew by 36% year-over-year this quarter as well. It also reported a total of 164.2 million global uses in the fourth quarter, up from 152.1 million in the third quarter.

Our hedge fund data shows 112 hedge funds long The Walt Disney Company (NYSE:DIS) in the third quarter. Their total stake value was $3.9 billion.

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