Over the next few years, it has several hits coming down the pipeline, including Life, Peter Rabbit 2, Bloodshot, Ghostbusters: Afterlife, Escape Room 2, Venom 2, Cinderella, and a Spiderman sequel. The newest Jumanji release smashed the weekend box office, and many of its other movies performed well too. If the company could keep up the numbers, then it could experience massive growth over the coming years. CFRA has a Buy rating and $65 price target for LYV stock. A daily collection of all things fintech, interesting developments and market updates. Even gaming is shifting towards streaming and freemium pricing models. The Dork’s team of writers is dedicated to providing investors with the information and educational resources they need to attain long-term success in the public markets. Music streaming is replacing CDs and MP3s. We’re Bullish on These Entertainment Stocks. Entertainment industry stocks – from Walt Disney to Comcast and Fox Corp. – fell in early Friday trading amid a broad market slide after overnight news that President Donald Trump and his wife Melania had tested positive for COVID-19. There was an increase in revenues for cable network programming and television, but the effects of the pandemic sent the earnings per share much lower, at 13 cents per share compared to 85 cents per share during the first quarter of 2019. In the valuation of stocks, one key element is the free cash flows and the company has a long history of positive cash flows, showing both predictability and growth. TheStreet Ratings publishes a daily list of top-rated stocks. Disney appears destined to perform incredibly well in the near future. Entertainment continues to be a significant part of our lives. During this pandemic, consumers changed their preferences and way of living in a way nobody would have imagined before. After a recent spree of acquisitions and expansions, Disney is stronger than ever. The valuation of the deal and the cash infusion is reassuring to MSG investors and should help boost the company’s liquidity as it navigates the COVID-19 shutdown. Terms of Use | However, they are back together, with the company now known as ViacomCBS. Having a dividend yield of about 7% of AT&T stock is a dividend aristocrat in the S&P 500. It looks like AMC won’t be opening up its theater doors until the end of April at the earliest. Currently, Disney+ is the company’s most important undertaking. It has over 20 million subscribers in the United States, enabling it to generate billions of TV revenue. Overall, the entertainment industry could continue to grow and evolve over the next few years. CFRA has a Hold rating and $325 price target for MSG stock. Many entertainment sector stocks were holding up better than the broader market though in early trading. Some of these movies include Wonder Woman 1984, Godzilla vs. Kong, and more. They also said that the Trumps' infection put the spotlight back on a possible increase in U.S. COVID-19 cases during the winter season, including the possibility of renewed lockdowns, which would affect businesses. Shares of AMC Entertainment (NYSE:AMC) fell 19.9% in July, according to data from S&P Global Market Intelligence. However, large-scale home confinement could be a major boost for Disney+, which launched back in November. At $4.99 per month for customers that are presently outside of its business footprint, the Peacock streaming service should be expected to steal customers from the competition boosting the profitability for Comcast. The Orlando-based company operates several theme parks in the United States. The firm is best known as the number one streaming service on the planet. It remains to be seen whether Disney+ can hit those lofty goals but, if it does, it could power the stock to significant gains for years to come. The three companies to discuss based on their fundamentals are Fox Corporation (NASDAQ:FOX), AT&T (NYSE:T) and Comcast Corporation (NASDAQ:CMCSA).