Omada Health makes managing chronic conditions easier by supporting members between doctors visits.

Members are paired with the health coach empowered by insights from smart devices and AI-powered

tools. Learn more at OmataHealth.com. Omada Health is proudly NASDAQ listed.

I was sit with money managers, portfolio managers. And I'd say, why do you like Disney? And they're like,

oh, it's just a fantastic media conglomerate. And I used to say back, no, it's ESPN masquerading

as a well-run media conglomerate. Hello and welcome to the Barron Streetwise podcast. I'm Jack

Howe. And the voice you just heard, that's Citibank analyst Jason Basney.

He's talking about Disney, which is coming off a lost decade for shareholders, but which most of Wall Street still calls a buy.

In a moment, we'll hear from Jason and another bull on the stock to understand the case for better returns from here.

Listening in is our audio producer Alexis Moore. Hi Alexis. Hi, Jack.

Alexis, have you been to Disney World? Heck yeah. I went once as a kid and I went many times when my kids were small. And I have a theory about the Disney parks. You talk with a lot of people who say, I used to go, it used to be fun, but then something happened. They closed my favorite ride. They put the movie tie-ins on everything. Or the prices went way, way up, but they got rid of my favorite free service, what have you. And a lot of that stuff really has happened in recent years. The prices have gotten up there. But my theory is, you've heard the famous explanation from the Saturday Night Live producer Lorne Michaels, how we talked about how everyone always says, SNL sucks today. It used to be great in the past past and now it's terrible. It's not funny anymore. And when he digs a little deeper, he always finds that people's favorite time period for SNL was when they themselves were young. I forget exactly the age range he gave, but like they themselves were young and healthy and having a lot of fun. And they look at that and they say, was the best period for S&O. What they mean is maybe that was the best period for their lives. I think Disney is like peak fun when you yourself are a young kid or when you as a parent have young kids, but then when the kids get older it stops being as much fun and then you say, hey, Disney really jump the shark. It's not as good anymore. The point is, if you're out there and you're a parent with young kids and you're gearing up for a trip to a Disney park or to any theme park and you're hearing people say, oh, it used to be fun. It's not fun anymore. I'm pretty sure that's not true. I'm pretty sure you're going to have a blast. I think I've mentioned on this podcast about how

my family used to get jazzed up for a Disney trip by watching this. There was like a YouTube

sort of ad that told you about how great it was staying at a Disney resort. There was a showman

who used to go, he did a song and dance routine about, you know, this and that for free.

I remember that. We can pick you up with our airport bus.

All those perks are gone.

Like, they're either God or they charge for them.

So it's like, that's kind of sad.

But.

Okay, Disney stock hasn't been a very happy place for investors to be for the past 10 years.

I saw it recently at $11. That is where it was trading on August 4, 2015 decade ago. On that day, the company lowered forecast for its

financial results citing ongoing subscriber losses

...