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Investors Interested in Entertainment Stocks

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Entertainment Stocks on Investors’ Radar — Twenty-First Century Fox, Comcast, Walt Disney and CBS Corp.

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 Stock-Callers.com brings focus back on the global Entertainment and Media space which is expected to reach a worth of $2.14 trillion in 2020. Four equities in the Diversified Entertainment industry have been selected for assessment today and they are: Twenty-First Century Fox Inc. (NASDAQ: FOXA), Comcast Corp. (NASDAQ: CMCSA), The Walt Disney Co. (NYSE: DIS), and CBS Corp. (NYSE: CBS). 

Twenty-First Century Fox  

At the close on Monday, shares in New York headquartered Twenty-First Century Fox Inc. rose 0.58%, ending the day at $27.56. The stock recorded a trading volume of 13.80 million shares, which was above its three months average volume of 11.64 million shares. The Company’s shares have advanced 13.73% in the previous three months and 2.81% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.42% and 1.92%, respectively. Moreover, shares of Twenty-First Century Fox, which together with its subsidiaries, operates as a diversified media and entertainment company in the US, the UK, Continental Europe, Asia, Latin America, and internationally, have a Relative Strength Index (RSI) of 53.57.

On November 22nd, 2016, AT&T and Fox Networks Group, a primary operating unit of 21st Century Fox, announced that they have reached an agreement to extend the Fox portfolio of networks across AT&T DIRECTV products including AT&T’s new streaming service DIRECTV NOW. The parties have also agreed on a framework for FOX Broadcasting Company programming to be delivered to DIRECTV NOW customers nationwide. FOXA complete research report is just a click away and free at:

 

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Kevin "KevRoss" Ross is a music and radio industry expert. He is a 20 -plus year entrepreneur with the leading most successful industry trade publication and site Radio Facts (www.radiofacts.com). He has also published various books, magazines, performed marketing and promotions for major corporations and recording artists and he is on the advisory board of several industry organizations. This year Ross introduced his non profit organization LOMARI (Leaders of the Music and Recording Industry) to help teach young minority students how to market and manage their music and products.

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