The Wonderful Stock of The Walt Disney Company (DIS)

Growing up in the Washington, D.C., area and traveling the interstate highway, better known as the Beltway, up until the age of about 7, I was convinced that the Mormon Temple was in fact the famous castle that is trademark to the one and only The Walt Disney Company (NYSE:DIS)World. I later learned, disappointingly, that I lived almost 800 miles from the world’s most visited theme park, which had more than 17 million visitors in 2012.  And what was the second-most-visited theme park in the world? Disneyland in California, which had more than 15 million visitors in 2012. How about the next six most-visited theme parks? All owned by Disney. According to its 2012 annual report, Disney generated $12.9 billion in revenue from Parks and Resorts, up 10% from the previous year. As for 2013, things are looking even better. The percentage of visitors to Disney’s domestic parks rose 7% in its second quarter. As for the number of visitors this summer, a recent TripAdvisor survey indicated that 86% of respondents are planning a leisure trip this summer, which is up 7% compared to last year’s travelers.  With the success of all the Disney-related parks, and the projected summer traveling, Disney’s parks and resorts revenue will only grow.

The article The Wonderful Stock of Disney originally appeared on Fool.com and is written by Timothy Boyle.

Fool intern Timothy Boyle has no position in any stocks mentioned. The Motley Fool recommends Activision Blizzard and Walt Disney. The Motley Fool owns shares of Activision Blizzard and Walt Disney.

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