Should You Invest in fuboTV Stock Right Now?
fuboTV (NYSE: FUBO) grew its subscriber count at lightning speed in recent years as the cord-cutting trend gained momentum. The company just delivered third-quarter financial results that beat Wall Street's expectations, driven by a 31% year-over-year increase in subscribers in North America.
After hitting a 52-week low of $2.32 earlier this year, the stock price rebounded to roughly $3.50. The company's market cap (total shares outstanding times the share price) looks low at $688 million for a fast-growing streaming business chasing a massive growth opportunity.
Should you buy the stock? There's a good argument for and against buying the stock here. Let's review the pros and cons of investing in fuboTV right now.
Source Fool.com
