Best Media Diversified Stocks

Take a look at these media stocks making news right now.

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Contributor, Benzinga
November 16, 2024

Walt Disney (NYSE:DIS)

Walt Disney owns the rights to some of the most globally recognized characters, from Mickey Mouse to Luke Skywalker. These characters and others are featured in several Disney theme parks around the world. Disney makes live-action and animated films under studios such as Pixar, Marvel, and Lucasfilm and also operates media networks including ESPN and several TV production studios. Disney recently reorganized into four segments with one new segment: direct-to-consumer and international. The new segment includes the two announced OTT offerings, ESPN+ and the Disney SVOD service. The plan also combines two segments, parks and resorts and consumer products, into one. The media networks group contains the U.S. cable channels and ABC. The studio segment holds the movie production assets.

$115.08
5.96[5.46%]
Quote.Price.last-update: Nov 15, 7:59 PM (Delayed 15-Minutes)
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Open110.250Close115.080
Vol / Avg.32.048M / 9.058MMkt Cap208.363B
Day Range110.250 - 115.19052 Wk Range83.910 - 123.740

Atlanta Braves Holdings (NASDAQ:BATRA)

Liberty Braves Group owns and operates the Major League Baseball (MLB) club, the Atlanta Braves, and Braves Holdings’ Development Projects. The firm derives its majority of revenue from Baseball operations which include ticket sales, concessions, corporate sales, suites, and premium seat fees, local and national broadcast rights, licensing and other shared Major League Baseball (MLB) revenue streams whereas, its Development operation revenue is derived from the mixed-use facilities which primarily includes rental income.

$42.13
-0.85[-1.98%]
Quote.Price.last-update: Nov 15, 4:01 PM (Delayed 15-Minutes)
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Open43.100Close42.130
Vol / Avg.40.510K / 37.249KMkt Cap2.618B
Day Range41.940 - 43.10052 Wk Range37.870 - 46.650

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Discovery is the one of the largest global media providers with over 2 billion cumulative subscribers in over 220 countries. Its three traditional networks (Discovery, TLC, and Animal Planet) each reach over 84 million U.S. households and more than 200 million international subscribers. The top two networks (HGTV and Food Network) acquired in the Scripps transaction are available in more than 87 million households in the U.S. The international segment consists of national and pan-regional networks over 294 unique distribution feeds in 50 languages.

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Vol / Avg.- / -Mkt Cap-
Day Range- - -52 Wk Range- - -

Netflix (NASDAQ:NFLX)

Netflix’s primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.

$823.96
-13.3[-1.59%]
Quote.Price.last-update: Nov 15, 7:59 PM (Delayed 15-Minutes)
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Open832.040Close823.960
Vol / Avg.3.674M / 3.087MMkt Cap352.867B
Day Range816.490 - 832.04052 Wk Range445.640 - 841.000

Nexstar Media Gr (NASDAQ:NXST)

Known for its award-winning local TV programming, Nexstar Media Group delivers unique content to 63% of U.S. television households. It owns and operates 196 TV stations and produces over 259,000 hours of content per week.

The media stock has an EPS of $6.95 and a P/E ratio of 11.51. It has a market cap of $3.6 million and trades over 900,000 shares per day. Nexstar Media has an annual dividend yield of 3.07%. It generated total revenue of $3 billion in 2019.

Recently, 2 veteran Nexstar news anchors were honored with a national ‘Gracie Award’ for their ground-breaking journalism. Colleen Marshall won in the ‘Hard News/Feature’ category for her investigative series ‘Culture of Cover-Up’, which exposed decades of abuse at The Ohio State University. Ali Meyer won in the ‘Soft News/Feature’ category for ‘Baseline Breast Cancer’, her first-person account of confronting breast cancer.

$161.84
-2.65[-1.61%]
Quote.Price.last-update: Nov 15, 4:00 PM (Delayed 15-Minutes)
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Open165.010Close161.840
Vol / Avg.429.462K / 293.668KMkt Cap5.021B
Day Range160.970 - 166.02052 Wk Range141.375 - 191.855

TV shows, films, podcasts, radio programs and music are regularly consumed by billions of people all over the world. These media-diversified stocks empower the entertainment industry. Media companies produce and distribute content that reaches a massive audience with each release. 

You can consider investing in these media stocks to become a proud partial owner of trendsetting content that can help you earn big profits from your portfolio. 

Quick Look at the Best Media Diversified Stocks:

Overview: Media Diversified Stocks

Media companies make stories relevant. Whether it’s through blockbuster films, chart-topping songs, viral videos or relatable podcasts, media stocks are proficient at piquing the interest of their audience.  

YouTube (NASDAQ: GOOGL) has billions upon billions of active users per month. Moreover, YouTube users upload hundreds of hours of videos every minute. It is one of the most downloaded mobile apps and is the largest search engine in the world. 

When it comes to making money, media stocks are the most diverse. Media companies generate billions in revenue through ads, sponsorships, product placements, merchandise and other ingenious techniques. So, don’t be surprised if you don’t find any media stocks under $20 to invest in.   

Firms like the Walt Disney Company (NYSE: DIS) and YouTube have generated billions of dollars in revenue. Viacom/CBS (NASDAQ: CBS) and iHeart Media (NASDAQ: IHRT) have also performed extremely well.

With a long list of companies to choose from, you can either invest in traditional media stocks like AMC Entertainment (NYSE: AMC) and FOX Corporation (NASDAQ: FOX) or put your money behind newer platforms such as Meta Platforms (NASDAQ: FB), Twitter (NYSE: TWTR), Snapchat (NYSE: SNAP) and Spotify (NYSE: SPOT). 

Best Online Brokers for Media Diversified Stock

Find and trade media stocks faster with online brokers. These platforms let you browse thousands of companies conveniently using the stock screener. You can apply advanced filters such as price range to pick the best stocks under $10

Benzinga suggests considering these online brokers to start your investment journey.

Features to Look for in Media Diversified Stock

  • Earnings per share: The earnings per share (EPS) of a company is a good determination of its profitability. You can calculate the EPS of a company by dividing its net income by its total number of outstanding shares.  
  • Broadcasting platforms: Traditional media companies produce and distribute their own content while emerging platforms like social media depend on user-generated content. These content creation methods can dramatically impact the value of media stocks and their daily market swings. The more platforms a media stock owns, the more expensive it can be to invest in. There are plenty of penny media stocks below $5 that operate a single platform.  
  • Yearly revenue: Media stocks are highly competitive. Yearly revenue can be a fair assessment to compare media stocks. You should also take into account their revenue from previous years to check growth potential before investing. 

Make Money from Media Stocks

Media companies provide a wide variety of services across airwaves, broadcast TV, the internet and theatres. These media stocks can be expensive investments to start, but with the right diversification your portfolio can become worth much more in the long run. 

The best and worst-performing Media - Diversified Industry stocks are in the table. Opening and closing prices, trade volume, and percent changes are listed. The Diversified Media Industry made up of people who create, produce, distribute, and air media such as movies, theme parks and more. 

Take a look at more the of the best Consumer Cyclical Sector stocks of the day:

Q

What are media stocks?

A

Media stocks are comprised of radio, TV, theatre, and internet stocks.

 

Q

Where can I find media stock brokers?

A

You will find a list of good brokers on the list above.

Q

Are media stocks expensive?

A

Medica stocks can be expensive, but are an excellent way to diversify your portofolio.