I Buy Disney Stock 2017 - Should

: Followed a record-breaking 2016, leading to "soft" year-over-year comparisons despite successes like Beauty and the Beast and Star Wars: The Last Jedi . Strategic Pivot: The "Streaming" Bet

: Total revenue declined slightly by 1% to $55.1 billion . Net Income : Reported at $8.98 billion for the fiscal year. should i buy disney stock 2017

: Revenue fell 1% to $23.5 billion, while operating income dropped 11%. High programming costs at ESPN (notably a new NBA contract) and a decline in cable subscribers were primary headwinds. : Followed a record-breaking 2016, leading to "soft"

: Disney acquired a majority stake in BAMTech LLC for $1.58 billion to provide the technology for its upcoming streaming services. : Revenue fell 1% to $23

: Concerns centered on the "cord-cutting" trend destroying the profitability of the Media Networks segment faster than streaming could scale. Google's Finance Data

: The stock saw a modest total return of 4.76% in 2017.