Why I'm Staying Away From Disney Stock Even After Selling Off

Shares are down more than 10% over the last thirty days.Shares of Walt Disney (DIS -0.01%) have fallen more than 10% over the last month. But investors should think twice before they "buy the dip." Recent results simply aren't encouraging enough to justify the stock's current valuation. Furthermore, the company's streaming transformation in its content business has yet to prove itself.Sure, management recently reinitiated a dividend, reflecting its confidence in a strategic restructuring and a reinvigorated ...