10 Best Kid-Friendly Stocks To Buy Right Now

4. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 76

The Walt Disney Company (NYSE:DIS) is a mass media multinational company that ranks fifth on our list of the best kid-friendly stocks to buy right now. The company holds dominance in the media industry and we say that because of its vast array of media options and intellectual property. Walt Disney owns some of the world’s biggest studios including Pixar, Marvel, and Lucasfilm, impossible for competitors to replicate. In addition to that, the company has also received countless nominations for its awards and shows.

Earlier in February, the company announced a joint venture to bring the most entertaining brands to India, significantly expanding its customer base. More recently, on December 4, Walt Disney (NYSE:DIS) launched ESPN on Disney+, attracting sports fanatics from across the globe to the platform, offering over 30,000 live sports events every year. Within the first 90 days of launch, viewers can expect nearly 5,000 live events such as NFL, NBA, NHL, College Basketball, and Australian Open.

Mar Vista Investment Partners’ Mar Vista Focus strategy stated the following regarding The Walt Disney Company (NYSE:DIS) in its Q2 2024 investor letter:

“The Walt Disney Company’s (NYSE:DIS) shares declined after its earnings release, even though the company exceeded recently upgraded financial forecasts. While Disney+ and Hulu reached a milestone by turning their first quarterly profit, the company cautioned about theme park attendance returning to pre-pandemic norms. This signals a deceleration following a period of exceptional growth, impacting the stock as theme parks and experiences account for roughly 60% of Disney’s earnings. Despite broader consumer worries, Disney’s stock is still trading with a significant discount to fair value. We expect the gap between Disney’s market price and its intrinsic value to shrink as its streaming division evolves and increases profitability over time.”