Patience Will Be Rewarded When It Comes to Walt Disney Co Stock

Despite reporting what I thought were pretty good numbers, Walt Disney Co (NYSE:DIS) stock sank again after its most recent earnings report February 6. The drop continues what has been a multi-year sideways run in Disney stock that started in early 2015. Ever since DIS stock broke above $100 for the first time in early 2015, it has been unable to consistently hold any level higher than $100.