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10 Made in America Stocks to Own in 2020 - 1 of 10

#1 - The Walt Disney Company (NYSE:DIS)

Walt Disney logo

The Walt Disney Company (NYSE: DIS) - It may be a small world, but if you’re looking for an American company to anchor your portfolio, Disney is looking like a solid bet right now. The stock is on a tear, up over 20% since the beginning of the year. The blue-chip stock saw a particularly nice jump in June when Morgan Stanley released a bullish forecast for Disney’s new streaming service, Disney + which is set to launch in November and will be a direct competitor of Netflix. Plus, Disney has already made a deal with Comcast that gives Disney full operational control of Hulu right now even though Comcast will not sell its 33 percent stake until 2024. Disney’s bread and butter continues to be its theme parks which continue to flourish despite the company raising admission prices every year. But Disney is more than just the “Magic Kingdom”, they are a full-blown media company and have recently released the blockbuster hit, Avengers: Endgame which has generated over $2.76 billion worldwide since its June 26 launch. The only concern for Disney’s stock right now is low volume. But with the favorable rating from Morgan Stanley, it’s possible that institutional investors will start to pay attention.

About Walt Disney
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses. Read More 

Current Price: $131.79
Consensus Rating: Buy
Ratings Breakdown: 16 Buy Ratings, 11 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $128.54 (-2.5% Upside)

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