12 Best Stocks Under $100 to Buy According to Hedge Funds

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5. Walt Disney Co. (NYSE:DIS)

Share Price as of April 22: $84.00

Number of Hedge Fund Holders: 108

Walt Disney Co. (NYSE:DIS) is an entertainment company that operates through three segments: Entertainment, Sports, and Experiences. It produces and distributes film and television content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks.

In Q1 2025, growth in the company’s Experiences business contributed to its overall positive results. Disney has now provided guidance for 6% to 8% growth for 2025 in this segment. This growth is fueled by the launch of the Disney Treasure cruise ship. The ship started with strong bookings and excellent initial guest feedback, aligning with the standards of the company’s other ships. Disney anticipates that this new ship will be profitable in its first quarter of operation.

Bernstein analysts, led by Laurent Yoon, recently reiterated an Outperform rating on Walt Disney Co.’s (NYSE:DIS) stock, while maintaining a price target of $120. This sentiment came from the multifaceted nature of the company’s operations, which consist of Linear/Sports, Parks, and streaming segments, with each possessing unique challenges and opportunities. Over the mid-term, Bernstein expects Disney to witness margin expansion in its DTC segment and additional cruise ship capacity.

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