Could This Growth Stock Make it Big in the Streaming Market?
One thing keeping consumers from cutting the cord is live sports and news, but fuboTV (NYSE: FUBO) is changing that. It is focused on providing live TV streaming, and it has seen rapid adoption by focusing on this niche space.
However, this offering is becoming more commonplace across other platforms, which casts doubt on fuboTV's ability to take market share from deep-pocketed competitors. While the service is seeing continued adoption, there is a lot of skepticism about whether or not this will continue. The company has a few red flags that cause me to question whether fuboTV will succeed over the long term in this intensely competitive industry.
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Source Fool.com
