Streaming TV is a tough business, and there won’t be a dozen winners when the market shakes out. Investors need to consider who will likely win and who will be left behind in their investments.
In this video, Travis Hoium covers the winners, but it’s the losers that are the focus, with companies losing hundreds of millions of dollars with no easy way out. These are the streaming stocks you should avoid.
*Stock prices used were end-of-day prices of Nov. 28, 2023. The video was published on Nov. 29, 2023.
Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you select to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
