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Shark Tank's O'Leary Bullish on Disney (DIS) in 2017

NEW YORK (TheStreet) --O'Shares Investment chairman and CNBC Shark Tank investor Kevin O'Leary explained his thesis for investing in Disney (DIS) in 2017.

"I like to look at contrarian positions that I can go into next year with," O'Leary said during CNBC's "Fast Money Halftime" report Monday afternoon. "The debate over ESPN has killed the price to earnings ratio of this stock, almost down 20% to the market."

Subscription numbers for ESPN released by the data agency Nielsen indicated a decline this...