The Biggest Bets in Showbiz: Here are 10 Best Entertainment Stocks to Invest in

Oct 21, 2023

By: Sunayna Kanjilal

1. Roku

The media and entertainment industry is set to transform in the coming year as per Deloitte, and both the studios and the streaming services must chalk out a plan to deal with market disruption and competition.

2. SeaWorld Entertainment, Inc.

According to EY, businesses need to work on building long-lasting relationships with their subscribers to achieve sustained success. While businesses are in for a challenge in the coming years, it's still a good idea to watch out for the stocks in the ent...

3. Boyd Gaming Corporation

The company that runs the streaming service reported a revenue of $867.06 million in Q4 of 2022, which was more than the market estimates. The platform revenue increased 20% year over year to reach $2.7 billion and the active users reached 70 million. A ne...

4. Dave & Buster's Entertainment, Inc.

SeaWorld Entertainment has a lot of subsidiaries and operates a theme park and also an entertainment company here in the US. Last year in November, it reported a Q4 revenue of $390.5 million which crossed the estimates by Wall Street. As per Insider Money&apos...

5. DraftKings Inc.

The gaming company operates in places like Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. The company operates in three segments, which are Las Vegas Locals, Downtown Las Vegas, and Midwest & South. The c...

6. World Wrestling Entertainment, Inc

The company manages dining and entertainment establishments for families and adults in North America. It is currently one of the best entertainment stocks to invest in since it reported a revenue of $563.7 million which surpassed the Wall Street estimate by $3...

7. Madison Square Garden Sports Corp

The company DraftKings manages a digital sports entertainment and gaming enterprise and it reported a Q4 GAAP EPS of -$0.53 and a revenue of $855 million, which was way more than the market estimates. The revenue increased more than 80% on a year-over-year...

8. Disney

The entertainment and media company operates in the sports entertainment industry in North America, the Middle East, Europe, Africa Asia Pacific, and Latin America. More than 32 hedge funds were bullish on the company which is way more compared to the previous...

9. Warner Bros.

The professional sports organization owns several assets including the New York Knickerbockers and the New York Rangers of the National Hockey League. Apart from this, the company also owns the Hartford Wolf Pack of the American Hockey League and the Westchest...

10. Netflix

After almost a complete shutdown during the early stage of the pandemic, Disney's parks have reopened and demands have soared like never before. Bob Iger, the CEO, announced that the company was going to invest $60 billion in its parks. While the company ...