A Bull Market Is Coming: 3 Reasons to Buy Paramount Stock
Shares of Paramount Global (NASDAQ: PARA) (NASDAQ: PARA.A) have had a rocky ride to start the year. The company reported mixed results for the first quarter that included a slight drop in overall revenue reflecting the ongoing weakness in the TV advertising market. To top it off, management reduced the quarterly dividend, which didn't sit well with investors.
On the other hand, there are many companies struggling right now, but Paramount has unique assets that will continue to grow in value over the long term.
Investors are getting a bargain on an iconic film studio that has been on a roll at the box office and continues to report strong subscriber growth across its streaming services. Here's why investors could score big.
Source Fool.com
