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Top Video-Streaming Stocks To Watch In August 2020

The pandemic has positively impacted a number of video streaming stocks this year.

Should You Still Buy These Video Streaming Stocks?

Video streaming stocks have been the topic on Wall Street when lockdown measures were imposed. And with big tech stocks and biotech stocks coming to the fore, video streaming stocks appear to have taken a back seat. Even if you have no intention of participating in cord-cutting, there are more opportunities than ever to stream content into your home today compared to a year ago. That makes this a unique time to invest in top video streaming stocks. Of course, the valuations of top video streaming stocks have some investors very concerned. 

However, in an economy increasingly flooded with subscriptions based models, stocks like Roku (ROKU Stock Report), Spotify (SPOT Stock Report), and Apple (AAPL Stock Report) are soaring on increased subscription growth. This dynamic seems to be able to push most subscription-based models higher moving forward. This means, when it comes to video-streaming providers, it all boils down to the content on the platforms. As the saying goes, content is king. As this will likely provide a moat to those who have gotten a head start.

To help investors sift through the video streaming noise and find the best video streaming stocks right now, let’s take a closer look at what sets Netflix (NFLX Stock Report) and Disney (DIS Stock Report) apart from the rest.

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Top Video Streaming Stocks To Watch: Disney

First, on the list, shares of Disney rose after the company says it has more than 100 million streaming subscribers. That of course is the combination of 60.5 million subscribers from Disney+ after 9 months of operations, while the remaining is a mixture of ESPN+ and Hulu. Meanwhile, the company took a $3.5 billion hit to its operating income from parks being closed during the quarter. The company is channeling investors’ attention to their new video on demand (VOD) model. It announced that Mulan would forgo its planned theatrical release. Instead, the live-action remake is premiering on Disney Plus on September 4 for a premium rental price.

For now, Disney’s CEO Bob Chapek says “Mulan’s” big move isn’t reflective of a new business model for the company — even though it kind of is. “We’re looking at ‘Mulan’ as a one-off as opposed to saying there’s some new business windowing model that we’re looking at,” Chapek said Tuesday on the company’s earnings call. The CEO also mentioned that Disney wants to “learn from it and see the actual number of transactions.”

If those numbers turn out to be good, will “Mulan” still be a one-off? I’m not sure about you, but I am pretty excited about the upcoming “Mulan” title in Disney+. And I am very tempted to give Disney+ a try even though I have been subscribing to Netflix for a year now.

[Read More] Top 3 Fintech Stocks To Buy In August 2020?

Top Video Streaming Stocks To Watch: Netflix

Netflix is the household name in the world of online streaming media with 158 million paying subscribers globally. In case you’re concerned that Netflix couldn’t possibly grow its subscriptions after the unprecedented surge in subscription during the second quarter. Think again, as the company added 6.77 million net new subscribers in the third quarter, with 6.26 million of those being international members. NFLX stock has climbed more than 50% year-to-date. Netflix has now breached the $500 mark.

Netflix’s head start in the video streaming market began all the way back in 2007. Even though the video streaming wars are now in full swing, the company has a significant lead on the others.

Most U.S. consumers are willing to subscribe to more than one streaming service. As such, Netflix should not worry too much about other services replacing itself. Netflix continues to grow its library of original content. Besides, Netflix has a lot of room to expand its subscribers globally. This video streaming giant will likely be the top dog for quite some time. 

By Joe Samuel

Joe Samuel is a dedicated stock market researcher and financial contributor. His love for the stock market started at a young age learning from his grandfather. Joe earned a bachelor of science degree in corporate finance and business management. After finishing college, he went the route of an entrepreneur starting numerous businesses and eventually became a financial contributor to a number of outlets including Seeking Alpha, Invesitng.com, and actively contributes to FactSet. At StockMarket.com, Joe looks for emerging stories. One of his traits is identifying new trends before they become mainstream. Whether it’s a biopharmaceutical company debuting a novel treatment or the next technology start-up developing a new platform, Joe looks to be on the cutting edge of that trend.

After years of living in New York, he made the move to Miami, Florida where he’s become an active member of the finance community. Joe has worked with early-stage companies in marketing and consulting capacities, which has given him an opportunity to see what makes companies tick. His viewpoint is that while corporate news is vital to any investment, it’s what isn’t “right in front of you” that can make a good investment great. His approach to the markets is one that aims to deliver information that might not be well-known. But through deep research and diligence, Joe has written about and been able to uncover time-sensitive information when seconds matter in the stock market today.

Joe enjoys covering several stock market sectors. These include commodities, finance, biotechnology, and technology; specifically AI & machine learning. His no-nonsense approach to the market gives readers a cut and dry view of the news that matters most and topics beginning to emerge as new trends in the stock market. He was early to the table with calls on things like the last gold rush in 2019 and has been able to identify influential events and how they could impact certain industries.

During his free time, he enjoys spending time with his family and polishing up one new stock market trends. He’s also an avid car enthusiast with a passion for classic and muscle cars.