Walt Disney (DIS -0.24%) has a long history of profits - until the beginning of this disease. The company has temporarily closed the park due to the coronavirus. That's bad news because Disney's parks, experiences, and merchandise have previously contributed to their revenue. Since then, the park has reopened. And the desire is strong. The Parks, Experiences, and Products business saw a 73% increase in revenue for the recently ended fiscal year. Disney's streaming service also added another member — a total of 57 million for the fiscal year. But Disney is struggling with costs, and the company has recently missed revenue estimates. Why buy Disney now? Because the company recently brought back longtime CEO Bob Iger. With Iger at the helm, Disney did major things like Pixar and Marvel. Iger also accompanied the release of blockbusters such as Frozen and launched the streaming service Disney +. Significantly, the name increased by about 400% during his career. Amazon (AMZN -0.06%) represents another story of potential recovery. The company is a leader in two growing sectors: e-commerce and cloud computing. It also generates money for advertising. But it does things to expand and health. However, last year was difficult for Amazon. Increases in the cost of disease and supply chain issues compared to money. And the rapid expansion of its distribution network during the early stages of the pandemic made Amazon extremely powerful. As a result, Amazon recorded a decline in operating profit quarter after quarter. And the stock is going for a 43% loss this year. But that's just looking at Amazon through a short lens. The long picture remains the best. Amazon is improving its pricing structure - something that should serve it well over time. At the same time, the company is reducing its investment in execution and deployment, increasing the investment in Amazon Web Services (AWS). Shares of domestic savings (HD -0.13%) have fallen 21% this year. This is even as the company continues to report financial and profit growth. In fact, Home Depot said 11 of its 14 retail divisions reported comparable sales in the third quarter. Home Depot's quarterly sales rose more than 5% to $38.9 billion. Annual revenue increased by 8.2%. And the strength seen so far has prompted Home Depot to reiterate its guidance for fiscal 2022. The world's largest home improvement retailer continues to see the passion in both the DIY business and professionals. During the quarter, Home Depot sales for professional and large professional companies grew by double digits. And the benefits say that their work backlogs continue to be difficult. This is important because it is a good indication of what is to come in the next few episodes.
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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice and it should not be taken as investment advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
SOURCES: https://www.fool.com/insurance/2022/11/29/3-top-stocks-to-buy-right-now/
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1 Free Robinhood stock: https://join.robinhood.com/mitchew1079
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Free $20 worth of Bitcoin on Celsius with a $200 investment: https://celsiusnetwork.app.link/193008a5c4
Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice and it should not be taken as investment advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
SOURCES: https://www.fool.com/insurance/2022/11/29/3-top-stocks-to-buy-right-now/
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