Is Disney a good stock to buy?
Carter Worth reviews Disney’s charts and weighs in its performance and whether there is upside.
On CNBC’s Fast Money, Carter Worth of Worth Charting joined the traders to share his take on Disney, focusing on whether the stock is positioned for a rebound. Reviewing historical price action and recent chart formations, Worth evaluated the potential for near-term upside following a period of underperformance. As always, his analysis centered on technicals, highlighting key levels that could signal a shift in momentum for the entertainment giant.
The discussion raised the question many investors are asking: Is Disney a good stock to buy? With broader markets showing strength and Disney attempting to regain footing, the panel weighed in on whether the stock could reclaim its place among top rated stocks. Worth’s perspective offered traders a disciplined way to approach the name, balancing optimism around a potential rebound with a clear view of where resistance may still lie.