Is fuboTV Stock a Buy?
It's not exactly a household name -- at least not yet. It could be years before most people have heard of the company, in fact.
Still, investors have to like the direction fuboTV (NYSE: FUBO) is heading. The streaming cable TV company added another 92,800 paying subscribers during the final quarter of 2020, bringing its customer headcount to 547,880. That's nearly double the size of its user base from just a couple quarters earlier. Consumers are digging its robust cable television package at an un-cable-like starting price of only $65 per month. It's not hyperbole to compare where fuboTV is now to where Netflix was a decade ago, or where Disney+ was a year ago, even though those platforms aren't quite head-to-head competitors with fuboTV. Their growth tracks are similar, so investors should take note as the potential is enormous.
But not every investor should be taking a shot on this start-up.
Source Fool.com
