7 Best Stocks for Beginners with Little Money According to Analysts

2. The Walt Disney Company (NYSE:DIS)

Analyst Upside as of September 10: 30%

Number of Hedge Fund Folders: 92

The Walt Disney Company (NYSE:DIS) is a multinational mass media company that ranks second on our list of the best stocks for beginners with no money according to analysts. The diversified business operates across five major segments including media networks, parks and resorts, studio entertainment, consumer products, and interactive media.

In the fiscal third quarter of 2024, the company reported revenue worth $24.5 billion, up by 7% year-over-year. Its revenue was partially driven by its world-famous parks, which are highly attractive to tourists from across the globe. Its domestic parks and cruise chips segment accounted for 60% of operating income.

Walt Disney’s (NYSE:DIS) influence and position in the market is not unknown. Previously, in late July, the National Basketball Association (NBA) signed an 11-year media agreement with the company. All of the NBA’s and WNBA’s live events and programming will be streamed on ESPN’s consumer platform set to launch in 2025. The company also received 183 Emmy nominations for its top-class shows like Shotgun and The Bear.

Overall, The Walt Disney Company’s (NYSE:DIS) is a company like no other. Its services are unique and its target market is large, making it one of the best stocks to buy with little money. Analysts are bullish on DIS and their 12-month median price target of $115 points to a 30% upside from current levels. 92 hedge funds held positions in the stock at the end of Q2 2024. As of June 30, Fisher Asset Management was the largest shareholder with a position worth $787.9 million.

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.”