In This Article:
We recently published a list of Why These 10 Stocks Soared Today. In this article, we are going to take a look at where Walt Disney Company (NYSE:DIS) stands against other Wednesday’s best-performing stocks.
The stock market rebounded on Wednesday, with all major indices ending in the green as investors cheered the Federal Reserve’s decision to keep interest rates unchanged.
On Wednesday afternoon, the Fed kept rates steady at a range of 4.25 percent to 4.5 percent, saying that it was not in a hurry to cut rates and could still “wait and see” the impact of President Donald Trump’s tariff policies.
The Dow Jones rallied by 0.70 percent, the S&P 500 increased by 0.43 percent, and the Nasdaq grew by 0.27 percent.
Beyond the major indices, 10 firms stood out with strong gains, thanks to a flurry of fresh developments, including new partnerships, optimistic outlooks, and impressive earnings performance. In this article, we name Wednesday’s 10 best-performing stocks and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
A packed theater of moviegoers watching a blockbuster film produced by the entertainment company.
The Walt Disney Company (NYSE:DIS)
Walt Disney surged by 10.76 percent on Wednesday to end at $102.09 apiece following an impressive earnings performance for the first semester of fiscal year 2025.
In its latest earnings release, The Walt Disney Company (NYSE:DIS) said that it swung to an attributable net income of $3.275 billion in the second quarter ending March 2025, from a net loss of $20 million in the same period last year. This pushed the company’s six-month attributable net income to expand by 208 percent to $5.829 billion from $1.891 billion year-on-year.
Revenues for the second quarter alone rose by 6.88 percent to $23.6 billion from $22.08 billion, while revenues for the first half grew by 5.9 percent to $48.3 billion from $45.6 billion year-on-year.
Following the strong figures, The Walt Disney Company (NYSE:DIS) CEO Robert Iger said that the mass media and entertainment conglomerate remains optimistic about its business outlook for the remainder of the fiscal year.
Overall, DIS ranks 7th on our list of Wednesday’s best-performing stocks. While we acknowledge the potential of DIS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DIS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.