2 Streaming Stocks to Buy Hand Over Fist in 2023 and 1 to Avoid Like the Plague
When one door closes in the business world, another one usually opens. That's what we're witnessing from streaming-service providers, with a cumulative 20 million consumers cutting their ties to traditional paid-TV subscriptions since the beginning of 2019.
According to a May-released report from Market Research Future, the global video-streaming market is expected to reach an estimated $972 billion in market value by 2030. For those of you keeping score at home, this works out to an 18.1% compound annual growth rate throughout the remainder of the decade. With consistently stellar growth prospects, it's no wonder streaming-service stocks have been so popular with investors.
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Source Fool.com
