3 Reasons Why Disney Stock's Next Stop Could Be $99.99

Walt Disney (NYSE: DIS) is flirting with the double digits again. Shares of the media giant traded as low as $100.53 on Monday, its lowest level of the year. You would have to go to late last year -- Dec. 6, 2016 to be exact -- to find the last time that Disney stock wasn't trading in the triple digits. Disney shares are trading 16% below their all-time high set two summers ago, a decline that may not seem so brutal until you consider that the family-entertainment leader has called in sick during the past two years of rallying equity prices.

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