what happen
Sections of Walt Disney (NYSE: DIS) it climbed 4.4% to a high of $ 191.76 on Monday, as investors turned into companies that could benefit once the COVID-19 crisis passes.
so what
Even as the number of coronavirus-related deaths in the U.S. exceeds 500,000, many people are beginning to look forward to the end of a health crisis. New cases of COVID-19 are declining in many parts of the world as governments ramp up their vaccination efforts. Investors, in turn, offer stock prices to companies that are benefiting from a potential post-pandemic recovery.
The price of Disney shares came in Monday. Image source: Getty Images.
Disney is an obvious example of such a company. The theme parks, cruise ships and film studios will see their revenue quickly return if the travel and entertainment industries get a boost after COVID. Meanwhile, its popular Disney + streaming service is likely to continue to drive growth in the rest of the pandemic and in the years to come.
Now what
It would be wise to consider Disney for investors looking for a low-risk way to make a profit from a recent return to normalcy. With its unique collection of brands, characters, and stories, Disney has proven that it can create value for customers and shareholders in all kinds of environmental environments. At the same time, with its business set to thrive once the coronavirus is in place, the entertainment giant could offer elegant benefits to long-term investors.