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Buy Fox for Its TV Reach. Hold It for Tubi's Growth.

TheMotleyFool

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Buy Fox for Its TV Reach. Hold It for Tubi's Growth.: https://g.foolcdn.com/editorial/images/725811/investor-reviewing-a-stock-portfolio.jpg

Fox Corporation (NASDAQ: FOXA) (NASDAQ: FOX) isn't exactly a widely held stock, and understandably so. Television was never a particularly high growth business. Now cord-cutting has the industry on the defensive.

There are pockets of investment-worthy strength within the video entertainment arena, however. Fox is one of them. The combination of its network broadcast and its cable-only channels consistently boasts some of the highest-rated (read: "revenue-bearing") programming within the TV market.

Meanwhile, its 2020 acquisition of ad-supported streaming platform Tubi is increasingly looking like a genius move. It has quadrupled its revenue since then, yet has only scratched the surface of what it could become.

Source Fool.com

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