Disney (NYSE: DIS) hasn’t been having a great 2021. The stock has severely underperformed the S&P due to a host of delta variant-related issues, which have delayed travel recovery and media production. However, this doesn’t mean it’s time to dump Disney — this slump is actually an opportunity to buy a stock with great potential for the eventual post-pandemic recovery.
So how bad are things right now? To start, Disney’s stock has barely moved all year — it’s fallen roughly 2%, compared to the S&P’s 17% gain.