Interest rates are going up and downturn in the stock market is coming. Disney is on sale.

Year 2022 looks like it is going to be a time for the stock market to cool off after crazy run for past 2 years. Since March 20, 2020 until January 7, 2022 S&P 500 index increased by 102%. Federal Reserve is planning to increase the interests rates at least 4 times this year. This will definitely push the stock market down creating some great opportunities for buying good quality stocks in deep discount. As of right now there are some good stock at the discounted price because of unfavorable market reports. Walt Disney Company is one of them. It is a great well diversified entertainment company but it got caught in the time when Netflix reported decline in profit and subscribers. Stock of Netflix went down 24%. Automatically Disney went down as well 7% because of it’s exposure to streaming service which is the big part of the Disney’s business. Company is also still suffering and slowly recovering from pandemic. All this factors are pushing price of Disney down. Since March 8, 2021 until January 26, 2022 stock of Disney is down 33%. External factors are causing the price of stock to go down. There is nothing wrong inside the company which is destined for success in coming years. Stock most likely will be is range $200 to $300 i next 5 years. Great time to buy right now.