Forget Popular Robinhood Stock Sony: Roku Is a Better Media Stock

Media powerhouse Sony (NYSE: SNE) is one of Robinhood's five most popular stocks right now. The long-awaited PlayStation 5 launch put Sony in the spotlight, and many investors are looking for a dramatic rebound in the movie industry after a sharp coronavirus downturn in 2020.

I agree that Sony sounds like a decent investment based on these ideas, but I would also argue that most of the good news has already been accounted for in Sony's surging share price. If you're looking for a long-term winner in the entertainment sector today, you're much better off with media-streaming technology specialist Roku (NASDAQ: ROKU).

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