Joe Terranova and Jim Lebenthal are staying on the sidelines for now since they believe there are better entry opportunities.
The stock "seems to be stuck between $100 and $105," Terranova said on Tuesday's "Halftime Report."
While he thinks 2018 will be a strong year for Disney at the box office and at its theme parks, he's not getting in the name until there are "some consecutive quarters of earnings acceleration."
Lebenthal's key level for the stock is $95.
He's watching two possible negatives that could pressure the stock in the near-term -- the streaming service could potentially be cannibalistic for Disney's broadcast subscribers, and 2018 earnings estimates have come down.
"I would like to get this [Disney] as a gift. If the market has a sell-off and you get this at $95...that would be a great price to get it at. I just don't think you have to chase it here," he said.
Trader Disclosure: Pete Najarian owns Disney.