If you're a Walt Disney (NYSE: DIS) shareholder, your portfolio isn't the happiest place on Earth right now. The entertainment giant's stock was trailing the wider market through early November, and the shares fell again in the wake of its fiscal Q4 earnings results on Nov. 8.

The big headline from that report was Disney's questionable returns from all the spending it directed toward the Disney+ streaming service in the past few years. Management has a plan to fix that segment so that the wider business can return to steady earnings growth.

Should investors buy into that uncertain rebound thesis? Let's take a closer look.

Continue reading

Source Fool.com