Today’s Stock: FuboTV Inc. (FUBO)Today’s Stock: FuboTV Inc. (FUBO)
FuboTV Inc. operates as a live TV streaming company. It focuses on the provision of sports, news, and entertainment program. The company owns Hulu + Live TV for entertainment; Fubo for sports; and Molotov for entertainment and sports.
My Thoughts 💭My Thoughts 💭
Another company I am purchasing due to this experiment. Never used FuboTV but as a causal sports fan I can see the value proposition. Let’s see what the fundamentals reveal.
At 2.5k sats per share ($63,791), and no dividend. An investor can see a return only if the company continues to grow and grow faster than bitcoin or it starts to pay a dividend. With such a cheap sat price an opportunity does exist for Fubo to explode to the upside in fiat quicker than Bitcoin and thus allow the Bitcoin investor to stack more sats than the initial investment called for.
The company trades at a PE -4 which means investors are paying $4 to access $1 of losses. Company is not profitable yet but at this cheap sat price it could have potential to run.
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Aren’t so bad. They recently raised cash to cover their debt, they are projected to grow and an unbelievable pace, most of the stock is held by the general public meaning Wall Street has had a chance to bid this stock up yet. I honestly think soon as they become profitable this might be a whale of a stock. Now I see why Jeremy is so bullish on this company.
For 2.5k sats you can get one share of this company. I think putting 10k sats per month might be a sound investment over the long haul.
It’s so cheap and has room to grow. The management team fixed the balance sheet and live sports is the last thing in entertainment where folks can’t skip the ads.
Here is my performance since I started DCA into this stock:
Here is the performance according to Simply Wall Street
The company is still in its early growth phase but the fundamentals look good. I think with the proper deals and great management FUBO TV can be a massive winner. Will continue to happily buy this one as the experiment continues and if you got some spare sats and you like sports maybe consider getting yourself a share or two.
@Car is bullish on TV apps.
Hahahah nice