Eight analysts for The Motley Fool offered suggestions for places to invest a little stock market cash this month, and two of them picked media companies. Interested?
If you were looking for a traditional broadcast station company or network, you will be disappointed.
Andew Bylund selected Netflix. He said a combination of weak subscriber additions and weak guidance for Q4 additions caused an overnight plunge of 23% in stock value. However, Bylund thinks the Netflix is behaving like a company that intends to keep growing, so he said to take advantage of the discount price now and thank him later, when the company has “a billion global subscribers.”
Dylan Lewis picked Pandora, for partly the same reason. The company suffered a slowdown in its accumulation of active listeners. But it’s getting more quality time with its subs and picking up nicely on mobile, so Lewis thinks its stock is a good pick going forward.
The other six picks, if you’re interested, were Apple, Intel, Activision-Blizzard, Facebook, Priceline, and WhiteWave Foods.
