When Walt Disney Co. put up $4 billion to buy "Star Wars" creator Lucasfilm in 2012, Wall Street wasn't sure it was a good bet.
To some analysts, it seemed like a lot of money to pay for a company whose signature movie franchise had gone on hiatus following a trilogy that underwhelmed fans and ended seven years earlier.
"I remember when it happened, thinking, 'Wow, what are they buying?'" JPMorgan analyst Alexia Quadrani said. "It was going to be several years before we'd even see the first film from that company."
Three years later, Quadrani and other analysts think that Disney got a bargain.
"They will make back their investment...