5 Best Dow Stocks To Buy Now

3. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 109

The Walt Disney Company (NYSE:DIS) is one of the world’s leading entertainment companies with both content production and distribution and also theme parks. Due to the market weakness, shares of The Walt Disney Company (NYSE:DIS) are down almost 40% year to date and now trade at a forward P/E ratio of 17.3. On 10/11/22, Kannan Venkateshwar of Barclays lowered his price target to $105 from $120 on the stock but kept an ‘Equal Weight’ rating. Despite the potential recession in the future and the poor performance, The Walt Disney Company (NYSE:DIS) remains attractive in the long term given its earnings power.