1 Obvious Reason to Avoid Warner Bros. Discovery Stock Like the Plague
A smart strategy that investors might want to entertain is to identify broad secular shifts happening across the economy. This can provide a nice hunting ground for potential stocks to buy, especially those that have a sizable growth opportunity.
The streaming industry fits the description here. There are the heavyweights, like Netflix and Walt Disney, which each have hundreds of millions of subscribers. Unsurprisingly, these attract a lot of investor attention.
And then there's a still sizable, but smaller, competitor like Warner Bros. Discovery (NASDAQ: WBD). Its shares are currently significantly below the price they debuted at after the merger of WarnerMedia and Discovery in April last year. Investors might be eyeing the business as a possible opportunity.
Source Fool.com
