2023 seems to be a year of boomer stocks after a scintillating 2020 and 2021 where hyper growth stocks shot for the moon (and crashed back to Earth). After Microsoft’s limelight due to ChatGPT, another boomer stock that got into the news was none other than The Walt Disney Company (NYSE: DIS). Disney’s price is currently up by around 24% from its 6-month low. So, is it too late to buy into Disney’s shares? Let us look at their latest financial and business model prior to making a bull or bear case.

1. Clear objectives in place

Source: Disney Q1_FY23_Earnings_Presentation Disney was a company mired in mutiny and trouble back then. Its parks and entertainment business got severely hit during the COVID-19 pandemic. Leadership was also troubled when Bob Chapek took over as CEO. Then, there was the outburst and potential lawsuit with Scarlett Johansson. When Bob Iger returned, markets were bullish on it....