Monday, April 3, 2023

Read this before you binge watch today

Hi, what a great morning,

If you’re like about 40% of Americans, you binge watch one or more shows.

If you’re like 78% of Americans, you also subscribe to one or more streaming services to view that content.

Those statistics from Zippia highlight the opportunity that still exists in streaming stocks.

But here's the burning question: Which streaming stocks to own? Many consumers have cut the cord only to find themselves with streaming fatigue. Now that you have four or five streaming services, you may be questioning whether you're really saving money.

Sure, they get original content, but there’s also a lot they don’t want to watch, which leads them to sign up for services, watch what they want, then cancel.

That’s a tough way for streaming companies to make a buck and it explains why many investors abandon streaming stocks.

But streaming isn’t going away and there's evidence that companies are trying to stand out in a sea of sameness. In this special presentation, we’re giving you our thoughts on seven streaming stocks that present investors with long-term opportunities.

So if you think you’ve missed out on your opportunity to invest in streaming stocks, think again. Trends like this tend to have multiple growth cycles. (Netflix started as a rent-by-mail business. As recently as a few years ago, Apple and Amazon weren’t in the streaming business.)

So it’s likely that there will be more growth ahead. Streaming providers will get a better sense of what consumers want and how to deliver it in a cost-effective way.

When you look at some of the names in this presentation, it won’t surprise you that many of them are established companies that will have the financial resources to be a player in this market no matter what happens in the economy.


View the 7 Streaming Stocks That Will Stand up to Streaming Fatigue

Don Miller
MarketBeat.com


 

 
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