Disney Stock (NYSE:DIS): Can Bob Iger Bring Back the Magic?

It’s been a dreadful past several years for shares of Disney (NYSE:DIS), which is actually down 22.9% over the past five years. As the stock looks to recover from seven-year lows on the back of solid quarterly results and optimism over its plan to turn the tides, I’d not bet against the firm as CEO Bob Iger tries his best to bring back the magic in his latest (and probably last) tenure at the company.

Disney may have had many years to turn things around, so you can’t blame shareholders for growing impatient with the firm. That said, I believe patience is vital to making money in such a battered name as it looks to jump above expectations that still seem pretty depressed. For now, I’m bullish and am willing to stick it out with Disney as Iger looks to work his magic.