10 Best Stocks to Buy and Hold for 20 Years

6. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 108

The Walt Disney Company (NYSE:DIS) operates as an entertainment company. Laurent Yoon from Bernstein reiterated a “Buy” rating on the company’s stock, setting the price objective of $120.00. The Walt Disney Company (NYSE:DIS) continues to possess a strong position in the broader media and entertainment sector, while its streaming business remains a strong contributor to the growth prospects. Furthermore, the company’s investment in Epic Games offers healthy exposure to the overall gaming industry. The company’s stock is regarded as a promising investment opportunity, while its strategic investments and strong content offerings can fuel its performance over the long term.

Over the next 2-3 decades, The Walt Disney Company (NYSE:DIS)’s growth trajectory is expected to be driven by its intangible assets, consisting of IP. Furthermore, the company’s robust brand recognition and entertainment subsidiaries are likely to support. Notably, Amanda Tan, an analyst from DBS, opines that The Walt Disney Company (NYSE:DIS)’s IP portfolio happens to be a strong asset, resulting in a synergistic cycle fuelling its diverse business segments, including theme parks and resorts, which, in turn, offer a steady revenue stream. Elsewhere, BofA Securities analysts are also optimistic about the company. The Walt Disney Company (NYSE:DIS)’s emphasis on maintaining strong demand for its products and services, together with the advertising strength and ARPU growth potential in the streaming services, is regarded as the critical driver for the optimistic outlook.