SNE - Sony Corporation

NYSE - NYSE Delayed Price. Currency in USD
59.12
-0.23 (-0.39%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close59.35
Open59.31
Bid59.12 x 800
Ask59.13 x 800
Day's Range58.76 - 59.58
52 Week Range41.91 - 61.02
Volume603,136
Avg. Volume1,199,123
Market Cap72.506B
Beta (3Y Monthly)0.95
PE Ratio (TTM)12.43
EPS (TTM)4.76
Earnings DateN/A
Forward Dividend & Yield0.37 (0.62%)
Ex-Dividend Date2019-03-28
1y Target Est67.13
Trade prices are not sourced from all markets
  • Sony Snubs Activist Investor Loeb
    Bloomberg

    Sony Snubs Activist Investor Loeb

    Sep.17 -- Sony Corp. plans to hold on to its semiconductor and financial services operations, rebuffing a series of proposals from American activist investor Dan Loeb, whose activist fund, Third Point LLC, disclosed a $1.5 billion stake in the Japanese company. Vlad Savov reports on "Bloomberg Daybreak: Asia."

  • Count on These 3 Video Game Stocks for Superb Gains
    Zacks

    Count on These 3 Video Game Stocks for Superb Gains

    This is an opportune moment to grab video game stocks as new releases this fall could be game changers in boosting revenues.

  • InvestorPlace

    5 Undervalued Stocks to Buy

    [Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Overall, the stock market continued its huge improvement throughout 2019, compared to where it ended in 2018; it has been a complete turnaround from last year's drop, when stocks entered bear-market territory. Markets started slipping again in the month of August, traded in a range, and then turned to rally to new all-time highs.But even though many stocks have completely erased all of their losses and made it back into the green, not all stocks have done so well. What this means is that while there are still plenty of duds out there, there are also a few undervalued stocks to buy; it has just become a little trickier to find them amid all the flashy comeback stories.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo find the best stocks to buy now, disciplined investors might start with their own watch list, which should contain "wish list" stocks that are usually too expensive or have been put there to be on the back burner for later. Among such stocks, companies that got left out of the rally are the most compelling. Even better, some of the best undervalued stocks to buy are those that dropped by double-digit percentages during the current rally.Why is that?Stocks that have already priced in current and possible negative news typically lower the risk for investors. Such companies may work to resolve the business problem at hand, which improves its prospects and leads to a higher share price in the long run. As long as the bad news reported is a temporary setback and the business model is not broken, the risks behind buying a stock on a dip are lower. * 8 Dividend Stocks to Buy for a Recession With all of that in mind, here are five undervalued stocks to buy that aren't as scary as they seem. Sony (SNE)Investors who held Sony (NYSE:SNE) stock through the Q2 2019 earnings report posted on July 30 enjoyed the rally that followed. The stock rose from $54.50 to nearly $60 recently. The company reported revenue falling just 1.4% year-over-year but operating income rose 18%, up 35.9 billion yen (US $332.2 million).Now that Sony is trading at yearly highs, investors need not sell the stock just yet.Why not?In a Sept 13 report, video game sales in August fell again by 18%, to $666 million. The industry could not count on any big game title hits to lift monthly sales. But the gaming sector has some hope ahead. When Sony's Playstation 5 arrives, SNE will have more power than ever. Though the PS5 release will release no sooner than mid-2020, 8K support and game refreshes should give Sony another boost in revenue when the time comes.Sony faced a few headwinds in the quarter. Contributions from first-party software titles fell. Sales of non-first party titles declined. But PS4 hardware sales rose, as did network service sales, including sales of PlayStation Plus. Celestica (CLS)In July, Celestica (NYSE:CLS) reported weak Q2/2019 results that sent the stock to as low as $6 by the end of August. Celestica reported revenue of $1.45 billion, down 15% from last year. Its aerospace and defense segment etched out a 2% revenue growth in the period, offset by a 23% decline in revenue from its Connectivity and Cloud Solutions (CCS) division. Adjusted EPS was $0.12, down from $0.29 last year. In September, the stock staged a major rally.The company supplies equipment in ATS -- aerospace and defense, industrial, smart energy, health tech and capital equipment. Its enterprise unit consists of servers and storage. Why then, should investors believe the company will offset the weakness it faces in the eroding semiconductor market?Celestica is cutting costs in operations to align the business with the lower revenue. It will continue to build its capital equipment business. Management believes the fundamentals in this space will only improve in the long run. As next-generation adoption in display continues, its OLED business, for example, will add to its bottom line.Celestica stock is still an undervalued play worth considering. The stock may underperform a while longer and risks disappointing investors. Again. Consider watching the stock's next earnings report before committing to a position. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Celestica stock is an undervalued stock worth considering. AbbVie (ABBV)Back when I first wrote this list of undervalued stocks, Allergan (NYSE:AGN) was the pick in this slot. And it paid off. Investors buying Allergan at the start of 2019 may have made up to $50 a share, peak to trough. In June, the stock fell below $115, only to peak at around $165 in July when my new pick, AbbVie (NYSE:ABBV), agreed to buy out the firm for $63 billion. AbbVie's rationale for acquiring Allergan is two-fold.First, it views Allergan's portfolio of products, including Botox, as attractive. Second, it has the time to use the strong cash flow from Humana to pay off its Allergan acquisition. Once Humana faces fierce competition from generics, AbbVie will have paid off much of the debt related to the AGN buyout. And in a few years time, Allergan's drugs in the development pipeline will be ready for market.AbbVie's long-term future planning through the AGN acquisition makes AbbVie stock appealing for dividend-income investors. Even though shares rose from a $62.66 52-week low to $71.55, the stock still pays a dividend that yields 6%.At a Sep. 10 Healthcare Conference, AbbVie reiterated its commitment to cut debt and to continue growing its dividend. It will also allocate some cash for smaller mid- to late-state pipeline opportunities. Management has a good handle on integrating Allergan into its business but it will not let its existing pipeline suffer in any way.ABBV trades at an ~10% discount to the analyst price target of $79, but I think the AGN acquisition brings ABBV far more upside than that. Innoviva (INVA)Innoviva (NASDAQ:INVA) is another stock in the drug space whose large drop starting in late January continued throughout 2019. The stock may not yet be done falling. Why not?The fell began when the FDA approved Mylan's (NASDAQ:MYL) generic version of Advair, which GlaxoSmithKline (NYSE:GSK) produces. This forced investors to worry about Innoviva's prospects because the company is paid royalties from Glaxo. In the third quarter, Innova received $65.1 million in royalty revenues from Glaxo.Investors appear to be overreacting to the generic competition. If demand for Innoviva's formulation does not drop and prices hold, royalty revenues should not fall as much as markets think, which makes INVA an ideal undervalued stock to buy now.Innoviva shares trended lower throughout 2019, as the stock lost $3 on its stock price by late-July. Investors sold the stock following the company's weak Q2 report. Innoviva reported Glaxo (NYSE:GSK) royalties falling 18% to $313.9 million. Overall, there was a net income decline of 31% (an EPS of $0.34).In its press release, the company said:"Management and the board continue to examine potential strategic actions to maximize future shareholder value." * 7 Momentum Stocks to Buy On the Dip Innoviva incurred expenses related to the evaluation of strategic options. But it will need to deliver on better shareholder value to attract stock buyers. Vodafone (VOD)Telecom stocks were out of favor heading into 2019. Now, telecom stocks are no longer out of favor. But Vodafone (NASDAQ:VOD), which after cratering in May, has just barely climbed back to it's pre-Christmas levels. So VOD is definitely still an undervalued stock.On July 26, Vodafone reported revenue stabilizing, falling just 2.3% Y/Y. The results sent VOD stock up 9% on the day. And ever since the stock bottomed at $16, it continues to run higher, closing recently at close to $20. In the fiscal Q1 2020 report, Vodafone said it enjoyed record low mobile contract churn. The deepening customer engagement will only strengthen as the telecom company launches 5G in all major EU markets.Service revenue in Q1 was mostly flat, down 0.2% and 0.5 pp sequentially.Simplifying the mobile plan offering will likely lead to higher revenue growth ahead. For example, Vodafone migrated 500,000 SIMs to a new unlimited offer. This will also increase ARPU and keep customers from switching to competitor services.Vodafone shares pay a dividend yield of 5.2%. If Vodafone grows its U.K. business as it signs on users to its 5G services and cuts costs as it signs on more customers, VOD stock will finally move higher.As of this writing, Chris Lau owned shares of Innoviva and AbbVie.The post 5 Undervalued Stocks to Buy appeared first on InvestorPlace.

  • Roku (ROKU) Shares Plummet as More Companies Enter the Streaming Race
    Zacks

    Roku (ROKU) Shares Plummet as More Companies Enter the Streaming Race

    Roku (ROKU) shares closed down almost 14% on Wednesday as social media giant Facebook (FB) announced that they would be jumping on the streaming bandwagon.

  • Sony Declines Loeb's Proposal to Spin Off Semiconductor Business
    GuruFocus.com

    Sony Declines Loeb's Proposal to Spin Off Semiconductor Business

    Segments work better together, company says, disagreeing with activist Continue reading...

  • It May be Time to Call an Option on AMD Stock
    InvestorPlace

    It May be Time to Call an Option on AMD Stock

    Advanced Micro Devices (NASDAQ:AMD) stock is up over 66% in 2019. This is higher than rivals Nvidia (NASDAQ:NVDA) at 36.6% and Intel (NASDAQ:INTC) at 14.1%. AMD stock is also outpacing at least one popular sector exchange-traded fund, the VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) is up about 40%. AMD stock is also besting the S&P 500 index, which is up 20% in 2019.Source: Grzegorz Czapski / Shutterstock.com However, the semiconductor business is notoriously cyclical. Plus, AMD stock has been trading in a tight range for the entire summer. As fall approaches, the smart play may be to place strategic option contracts that will help you take advantage of short-term price movements. Softer Revenue Growth Is Not UnexpectedPrior to the second quarter of 2019, AMD posted soft revenue growth (on a sequential basis) for the prior three quarters. However, on a year-over-year basis, the Q2 results still showed a double-digit revenue decline. Furthermore, analysts suspect that the company will likely face declining revenue due to softness in gaming consoles that could affect its revenue for the rest of 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor its part, AMD has cut its revenue guidance into the mid-single digits for YOY growth rate. AMD is scheduled to report Q3 earnings on October 29. Analysts are projecting an 8.9% increase in revenue to $1.8 billion. * 7 Momentum Stocks to Buy On the Dip This is not completely unexpected. AMD has not had new products to get investors excited. But that story looks to be changing. New Product Launches Sound LikelyOne of the factors depressing AMD stock has been a product line that is growing long in the tooth. AMD's 400 Series Polaris line of graphics processing units (GPUs) hit the market in 2016. A refreshed 500 Series was introduced in 2017.However, in 2019, rival Nvidia released a competing GPU, the GTX1660 that is helping NVDA rapidly gain market share in the gaming space. A refreshed line of Navi GPU cards, priced competitively at under $250, should help AMD recapture some of this lost share.In the CPU market, the tech publication Techquila reported that AMD has plans to release new 7-nanometer products in the second half of 2019. The first product to launch will be its Ryzen 9 3950X desktop CPU (scheduled for September 30).Then in early October, it plans to launch its third-generation Threadripper CPU line-up (extending to as many as 64 cores). These come on the heels of the Rome EPYS server CPUs in August. These new processors are generating high demand from enterprise and cloud customers (and are potentially stealing market share from Intel). There is Real Growth for AMD Stock Coming in 2020Microsoft (NASDAQ:MSFT) and Sony (NYSE:SNE) are expected to launch their next generation of gaming consoles in late 2020. Pent-up demand from gamers should give the consoles a lift.This sets up well for AMD stock. Wall Street analysts are extremely optimistic about the company's 2020 revenue growth. They expect its revenue to grow more than 24% next year. What's next for AMD stock?Advanced Micro Devices stock is just coming down from its 52-week high of $35.55. And the company's forward price-earnings ratio of just under 29 makes the stock expensive. However, AMD is projecting earnings increases of 37% for 2019 and 68.3% in fiscal 2020 which could account for the elevated ratio.The question for investors is whether the new product launches and higher revenue growth can generate enough momentum to push the AMD stock price higher. Right now, many investors seem to be in "wait and see" mode. That makes some sense. Why buy the stock now if the real growth won't occur until 2020?However, between now and then, there could be a lot of macro-economic catalysts that may give the stock a boost. The Federal Reserve is cutting interest rates. And there may be a breakthrough, or at a least a continued pause in the ongoing trade war with China. And for its part, AMD must post numbers that show the high demand for their servers is not an anomaly.This is where trading options on AMD stock can be an effective trading strategy. Sell puts at a price slightly below the current price and place call slightly above the current price. The puts pay you for buying the stock. In the case of the calls, you can get a weekly or monthly premium.As of this writing, Chris Markoch did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post It May be Time to Call an Option on AMD Stock appeared first on InvestorPlace.

  • Sony rejects Loeb's proposal for chip business spin-off
    Reuters

    Sony rejects Loeb's proposal for chip business spin-off

    Sony Corp said on Tuesday it was rejecting a call by Daniel Loeb's activist hedge fund Third Point LLC to spin-off its chips business, saying that the business is "a crucial growth driver" for the Japanese company. The rejection comes just weeks after Sony sold its 5% stake in Olympus Corp back to the Japanese medical equipment maker, a move also called for by Loeb, one of the world's highest-profile activist investors. Sony said staying within the group would help the chips business enhance its competitiveness as it aimed to combine sensors with artificial intelligence for use in autonomous driving, games and advanced medicine.

  • Reuters

    UPDATE 2-Sony rejects Loeb's proposal for chip business spin-off

    Sony Corp said on Tuesday it was rejecting a call by Daniel Loeb's activist hedge fund Third Point LLC to spin-off its chips business, saying that the business is "a crucial growth driver" for the Japanese company. Sony's board and management unanimously concluded that retaining the chips business, which includes imaging sensors, was "the best strategy for enhancing Sony's corporate value over the long term", the company said in a letter to shareholders. The rejection comes just weeks after Sony sold its 5% stake in Olympus Corp back to the Japanese medical equipment maker, a move also called for by Loeb, one of the world's highest-profile activist investors.

  • Financial Times

    Sony rejects Daniel Loeb’s call to spin off image sensor unit

    Kenichiro Yoshida, Sony’s chief executive, said in an interview on Tuesday that Sony’s image technology would be a “vital element” in the company’s future. Third Point, Daniel Loeb’s hedge fund, said in June it had built a $1.5bn stake in Sony and urged the company in a public letter to abandon its conglomerate model, focus on gaming, music and films, spin off its image sensor business and sell its stakes in Sony Financial, M3, Olympus and Spotify.

  • Zumiez, Vista Outdoor, GameStop, Microsoft and Sony highlighted as Zacks Bull and Bear of the Day
    Zacks

    Zumiez, Vista Outdoor, GameStop, Microsoft and Sony highlighted as Zacks Bull and Bear of the Day

    Zumiez, Vista Outdoor, GameStop, Microsoft and Sony highlighted as Zacks Bull and Bear of the Day

  • Apple Prices Arcade Aggressively: Should Gaming Players Worry?
    Zacks

    Apple Prices Arcade Aggressively: Should Gaming Players Worry?

    Apple's (AAPL) subscription-based gaming platform, Apple Arcade, holds the potential to disrupt the video game space.

  • Keep Nvidia Stock If You Have It, Just Don’t Jump in Now
    InvestorPlace

    Keep Nvidia Stock If You Have It, Just Don’t Jump in Now

    Is now the time to invest in Nvidia (NASDAQ:NVDA)? Nvidia stock has been on a bit of a run this month, up 12% since September 3. NVDA has gained an impressive 38% so far in 2019 -- yet remains far from the $281 highs it hit last October.Source: Hairem / Shutterstock.com The majority of analysts have it as a buy. However, despite their bullish attitude, at its current $184 level, there is little upside to buying now, when those same analysts have an average 12-month price target for NVDA of $189.27.Should you buy Nvidia stock at this point? Does it have the potential to continue growing, or has NVDA pretty much run out of steam?InvestorPlace - Stock Market News, Stock Advice & Trading Tips AI Is a Future Nvidia Stock CatalystThere is much to be said about NVDA's long term potential when it comes to AI. The company has been investing heavily in this area, looking to machine learning and autonomous vehicles as future growth areas. InvestorPlace's Chris Lau has a good read on how AI and self-driving car tech could pay off for Nvidia stock in the long term. * 10 Battered Tech Stocks to Buy Now But I want to focus on gaming because that is the area that is going to hold Nvidia back over the next year. Nvidia Missed the Gaming Console Ramp-UpMicrosoft (NASDAQ:MSFT) and Sony (NYSE:SNE) are releasing next-generation Xbox and Playstation game consoles in 2020. That is going to kick off a huge upgrade cycle, but it won't benefit NVDA. Advanced Micro Devices (NASDAQ:AMD) will be powering both of those consoles.The Nintendo Switch uses custom Nvidia silicon, but with the Switch still mid-cycle in its lifespan, an all-new version isn't expected any time soon. Nvidia stock is not going to see the sort of upside from Switch sales that it did when Nintendo's console first launched.Nvidia is also left in the cold on the most prominent experiment in video game streaming. Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google is launching its Stadia cloud game streaming service in November. Stadia is a double-blow against Nvidia.Subscribers will be able to play AAA PC video game titles on a wide range of devices without the need for a powerful gaming PC equipped with a graphics card. Instead, cloud data centers will do the heaving lifting, with custom AMD GPUs delivering 4K graphics at 60 fps (with 8k and 120 fps on the horizon).If Google's Stadia is a success, AMD will get orders for more of those custom GPUs. Nvidia will likely see the demand for graphics cards to power gaming PCs take a hit. Putting Together the Pieces for Nvidia StockIf you look at the two factors spiked out here, the somewhat puzzling analyst positions make sense. Why would do many analysts have NVDA rated as a Buy, yet have 12-month price target that has only around 3% upside? The next year doesn't have a lot of revenue growth potential for Nvidia. It's largely missing out on the next-generation game console cycle, it's missing out on the biggest cloud gaming initiative, and it could see its graphics card sales take a hit should cloud gaming take off.At the same time, its investment in AI and autonomous driving technology is seen as likely to pay off in a big way, but that payday is further in the future. Putting all the pieces together, it seems probable that NVDA stock is approaching a ceiling. Buying now, you are unlikely to see major gains over the next year. But if you intend to hold onto it -- with AI ramping up and autonomous cars inching closer to mainstream -- that NVDA investment will pay off in the long term. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Keep Nvidia Stock If You Have It, Just Don't Jump in Now appeared first on InvestorPlace.

  • GameStop Reports Another Dismal Quarter: How Can the Company Reinvent Itself?
    Zacks

    GameStop Reports Another Dismal Quarter: How Can the Company Reinvent Itself?

    GameStop (GME) shares have been sliding after the video game retailer reported disappointing Q2 earnings after the closing bell on Tuesday.

  • New IBM mainframe can process 1 trillion web transactions a day
    Yahoo Finance

    New IBM mainframe can process 1 trillion web transactions a day

    IBM is out with its newest mainframe - z15. Yahoo Finance sat down with Tom Rosamilia, the Senior Vice President of IBM Systems and Chairman of IBM North America to hear how it'll change the industry.

  • Sony Stock Signal Flashes During Breakout
    Schaeffer's Investment Research

    Sony Stock Signal Flashes During Breakout

    SNE's rally could continue in the short term

  • SunPower to Install Solar Solutions in Sony Pictures' Studio
    Zacks

    SunPower to Install Solar Solutions in Sony Pictures' Studio

    SunPower's (SPWR) solar solutions to be installed in a 1.6-megawatt solar project, which will be constructed at Sony Pictures' studio in Culver City.

  • Sony (SNE) Aims to Tap Mobile Gaming Market With Xperia 5
    Zacks

    Sony (SNE) Aims to Tap Mobile Gaming Market With Xperia 5

    The Xperia 5 smartphone by Sony (SNE) makes mobile gaming much easier by offering a compact console.

  • Daniel Loeb's Top 5 Holdings as of the 2nd Quarter
    GuruFocus.com

    Daniel Loeb's Top 5 Holdings as of the 2nd Quarter

    Activist guru’s top holdings include Baxter and United Technologies Continue reading...

  • 8 Entertainment Stocks to Brighten Up Life
    InvestorPlace

    8 Entertainment Stocks to Brighten Up Life

    Technically, we have yet to reach a point where the markets have entered bearish territory. Despite the Dow Jones Industrial Average shedding nearly 300 points to officially kick off September, the major indices are still up double digits. However, that might change soon, which is why you should consider contrarian investments like entertainment stocks to buy.Before we get into that, let's briefly discuss the current situation. President Donald Trump doubled down on his ongoing feud with China, promising to apply continued pressure. Moreover, on another geopolitical front, rogue Parliament members in the U.K. are prepared to delay Brexit, openly defying Prime Minister Boris Johnson's goal to leave the European Union. Unsurprisingly, gold and other precious metals swung higher.Under this circumstance, companies levered to the U.S.-China trade war or other geopolitical flash points will likely incur volatility. However, I believe that entertainment stocks to buy can provide air bubbles for otherwise beleaguered investors.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPrimarily, if we do fall into a recession, demand for consumer goods will initially deflate. That said, people gravitate toward cheap distractions to keep them forging ahead during the troubles. And this isn't just my own anecdotal observation. Throughout both recent and distant history, entertainment stocks have played a vital but perhaps under-appreciated role in our economy. * 7 Best Tech Stocks to Buy Right Now For instance, the "golden age" of Hollywood sparked to life during the Great Depression. More recently during the Great Recession, the modern cineplex provided a similar kind of distraction from everyday struggles.Today, with the plethora of companies specializing in amusement, investors have many options. Here are eight entertainment stocks to buy. Sony (SNE)Source: George Dolgikh / Shutterstock.com For many years, Japanese consumer electronics giant Sony (NYSE:SNE) has hardly figured into consideration for stocks to buy. But in just the past 30 days, this sentiment has shifted notably. Since the first of August, SNE stock is up nearly 3%. It's not a great tally, until you consider that rival Apple (NASDAQ:AAPL) is down 1%.Now, it's true that both companies face very similar headwinds. Moreover, the U.S.-China trade war impacts them both. Primarily, Apple misses out on its historically robust Chinese iPhone sales, while China is an important trading partner to Japan. Still, I think there's reason to go contrarian with SNE stock: of course, I'm referring to Sony's ace up its sleeve, the iconic PlayStation.With the current-generation PlayStation 4 nearing the end of its product cycle, anticipation is sky-high for the PS5. While Sony is many things, it's the undisputed leader in video-game console popularity. The upcoming PS5 should produce similar results, even during a recession. Therefore, I'm liking my chances with SNE stock as one of the best entertainment stocks to buy. Microsoft (MSFT)Source: Shutterstock In my last write-up for Microsoft (NASDAQ:MSFT), I suggested that it wasn't quite time to panic on MSFT stock. Although I believe shares may incur some nearer-term volatility - after all, China represents the biggest revenue stream for Microsoft outside the U.S. - the company levers viable, relevant businesses. For one thing, its software solutions are unparalleled in their ubiquity and, in my opinion, usefulness.But another reason to take a shot on MSFT stock if the markets discount its price is gaming. Of course, everyone knows Microsoft as not only a software giant, but the creators of the now-iconic Xbox.I'm no video-game expert so don't take my word as gospel. However, in my many conversations, I've realized that some folks are PlayStation people, and others are Xbox loyalists. There might be some nationalistic rivalries too. The Xbox is America's answer to long-dominant Japanese video game consoles. * 7 "Boring" Stocks With Exciting Prospects Overall, I think this is very healthy longer-term for MSFT stock, especially as Microsoft gears up for its own next-gen Xbox release. Thus, I wouldn't ignore MSFT for your portfolio of entertainment stocks to buy. Alphabet (GOOG, GOOGL)Source: Castleski / Shutterstock.com Earlier this year, I wrote that Stadia, a new gaming platform from Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), won't appreciably impact Sony. For the most part, I still stand by that comment. While Sony has made some serious blunders, it doesn't fail in gaming. Therefore, I don't think Stadia will suddenly make GOOGL stock the king among entertainment stocks to buy.However, if we suffer a recession, Alphabet's gaming system suddenly looks more appealing. Unlike the top two console makers, Alphabet has a video game system without the physical element. All you need is a Google-branded controller and a relatively quick internet service. From there, subscribe to either a free or paid-membership service, and you're off and running. The convenience alone makes GOOGL stock appealing.Furthermore, Sony and Microsoft may release their nex-gen consoles at around $400. Prices higher than that have not worked out well for either company. But in a recession, even $400 might be a stretch. With Stadia's paid membership service costing only $10 a month, it might perform well in an economic downturn. Thus, GOOGL stock provides a nice hedge against SNE or MSFT if their consoles don't perform to expectations. Nintendo (NTDOY)Source: NintendoOne of the biggest reasons why the best entertainment stocks to buy have increased in popularity is their underlying products' broad appeal. For instance, today's video games are often incredibly realistic, and therefore gritty and intense. But for those gamers who just want to enjoy casual sessions, Nintendo (OTCMKTS:NTDOY) offers an appropriate solution.Most of the under-40 crowd grew up with various iterations of Nintendo gaming consoles. Historically, this has bolstered the case for NTDOY stock. But as gaming companies have increasingly turned toward realistic simulations, Nintendo has stuck true to its roots. Eschewing popular trends, they deliver quirky, usually family-friendly entertainment, and they've found and cemented a large loyal user base. * 7 Well-Positioned Oil Stocks in Today's Trading Environment But in an economic downturn, that user base might increase significantly. For instance, Nintendo doesn't just go against the grain in terms of content; they also do so in terms of pricing. As an example, their Nintendo Switch is priced at $200, while their portable system Nintendo 2DS is offered at $80. The company is the very definition of a cheap distraction, which is why I'm optimistic toward NTDOY stock. GameStop (GME)Source: Emil O / Shutterstock.com Recently, an analyst suggested that beleaguered video game retailer GameStop (NYSE:GME) was among the best stocks to buy. Normally, any discussion about going long GME stock is met with ridicule. But this particular analyst is none other than Michael Burry. He's the one who shorted the mortgage industry, and whose exploits were later chronicled in the book and film, "The Big Short."If you're curious about a more detailed analysis of Burry and GME stock, I recommend you read my take on the subject. In it, I present both the bull and bear case. However, in the end, I give Burry the benefit of the doubt. Essentially, if we fall into a recession, the public's emphasis on cheap entertainment may be enough for GME stock to overcome its myriad of problems.I'd also like to add another point that I didn't include in my write-up. In a possible recession, GameStop's core business of buying and selling used games would become incredibly relevant. That's because with video game downloads, you can't sell them after you're done and bored with them. With physical games, you have the ability to recoup at least some costs for your next purchase.I don't have the same confidence to put GME in my list of best stocks to buy. However, if you've got the risk tolerance, it's more than worth a gamble. Roku (ROKU)Source: Fozan Ns / Shutterstock.com On Aug. 23, I made perhaps an audacious statement: over-the-top streaming device manufacturer Roku (NASDAQ:ROKU) could really use a recession. Unlike most other companies and industries, ROKU stock is one of the most highly-regarded entertainment stocks to buy. Under an economic slump, more consumers will gravitate toward low-cost entertainment solutions, which obviously helps Roku.In many ways, this concept is playing out much better than I expected. Since my article published, ROKU stock is up nearly 14%. On the day when the Dow Jones lost nearly 300 points, ROKU gained nearly 4%. It is quite literally digital gold. * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off Moreover, the worse a possible recession gets, the more it supports the case for putting ROKU among the list of best stocks to buy. With their OTT solutions costing as low as $25, and without monthly fees, a traditional TV service makes no sense. Also, it's easy to add on premium streaming services if additional funds trickle in. Therefore, I'm bullish on ROKU stock, especially if we have a recession. AMC Entertainment (AMC)Source: QualityHD / Shutterstock.com Curiously to most folks, AMC Entertainment (NYSE:AMC) gained nearly 3% while the broader markets floundered. Under the most common assumption, AMC stock is irrelevant in the modern consumer landscape. When you can easily watch the latest shows and compelling original films from the comfort of your living room, why bother with the cineplex?Questions about the viability of the box office have lately plagued AMC stock. That said, I'm not surprised that shares popped up while the broader indices slipped down.For quite some time, I've consistently made the argument that the cineplex represents cheap entertainment. The movies offered respite during some of the absolute worst economic events in our nation's history. Even with the streaming revolution, AMC stock is still very relevant.Another factor that provides a tailwind for AMC is the wellness effect. According to Psychology Today, human civilizations evolved into cooperative and interdependent structures. In other words, just being around people can evoke some joy into our lives. And getting a laugh or thrill while you're at it? That's the under-appreciated reason why AMC belongs on your list of entertainment stocks to buy. World Wrestling Entertainment (WWE)Source: Shutterstock I've never really liked wrestling, and therefore, I had a dim view on World Wrestling Entertainment (NYSE:WWE). While it's true that since my last pessimistic article on WWE stock shares have tumbled, that was only because of one thing: I was a broken clock that finally got the time right.In reality and under a broader context, WWE stock has been a massive winner. Despite taking some losses lately, over the trailing five-year period, shares are up 366%. And I completely missed all of that, not giving the company and its services a fair shake.Well, I'm not entirely a convert. With WWE stock, I'm worried about the underlying company's demographic appeal, or lack thereof. It's not effectively reaching out to young people, and it's not exactly diverse either.That said, let's give credit where it's due: World Wrestling appeals to female viewers. It also features the fairer sex in high-profile events.Plus, WWE might receive a boost in viewership during a recession. Admittedly, seeing someone get hit by a flying chair is funny, if only based on schadenfreude. So with that, if you're looking for speculative entertainment stocks to buy, WWE might have something for you.As of this writing, Josh Enomoto is long SNE and AMC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Best Tech Stocks to Buy Right Now * 10 Mid-Cap Stocks to Buy * 8 Precious Metals Stocks to Mine For The post 8 Entertainment Stocks to Brighten Up Life appeared first on InvestorPlace.

  • SmartTV Competition Heats Up: Roku, Amazon & Others in Focus
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  • Nissan, Sony Shut Plants After Typhoon Faxai Hits Tokyo
    Bloomberg

    Nissan, Sony Shut Plants After Typhoon Faxai Hits Tokyo

    (Bloomberg) -- Typhoon Faxai hit Japan on Monday, forcing closures at factories owned by Nissan Motor Co. and Sony Corp., and disrupting morning commutes for thousands of residents.The season’s 15th typhoon made landfall in Chiba prefecture early in the morning. Since then it has been downgraded to a Category 1 storm and was hovering near Iwaki in Fukushima prefecture, heading northeast at about 30 kilometers per hour as of 12:00 p.m. local time, according to the Japan Meteorological Agency.Nissan said it halted operations at its Oppama and Yokohama factories due to flooding, while Sony said its plant making PlayStation 4 gaming consoles were closed due to power outage. About 820,000 customers were left without electricity in Tokyo and its neighboring prefectures, according to Tokyo Electric Power Co.’s website.Cosmo Energy Holdings Co. shut two crude distillation units at its Chiba refinery, while NTT Docomo Inc. said earlier its mobile services were disrupted in parts of the Kanto region. While train services were gradually being restored, some Tokyo-area services at East Japan Railway Co. remained suspended, with other routes experiencing delays. ANA Holdings Inc. canceled 55 domestic flights. Japan Airlines Co. has said it halted 41 flights, affecting 11,350 passengers.More than a dozen people have been injured, according to local reports.(Adds Nissan, Sony shutting factories)\--With assistance from Aaron Clark, Sophie Jackman and Aya Takada.To contact the reporters on this story: Kana Nishizawa in Tokyo at knishizawa5@bloomberg.net;Shoko Oda in Tokyo at soda13@bloomberg.netTo contact the editor responsible for this story: Kazunori Takada at ktakada17@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • At This Point, the Smart Move for AMD Stock Is to Wait
    InvestorPlace

    At This Point, the Smart Move for AMD Stock Is to Wait

    Over the last several years, Advanced Micro Devices (NASDAQ:AMD) has achieved a remarkable turnaround, and AMD stock has followed comfortably along.Source: Sundry Photography / Shutterstock.com Long considered an afterthought to Intel's (NASDAQ:INTC) innovative leadership, the spirited semiconductor firm has been punching well above its weight. As a result, the AMD stock price over the trailing five-year period has gained an astonishing 646%.Much of that, of course, is due to the vision and extraordinary leadership of Dr. Lisa Su. It's no coincidence that the remarkable five-year turnaround in Advanced Micro Devices stock occurred almost entirely under her tenure. And on a more personal level, she's a hero for women in tech and for hard-working immigrants.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUndoubtedly, the combination of tangible and intangible factors have appealed to early speculators of AMD stock. But as Su's time as CEO heads toward the half-decade benchmark, AMD also finds itself at a crossroads. Can her magic strike twice in light of a vicious U.S.-China trade war and a possible looming recession?I'm sure many proponents believe it can, if only because Advanced Micro Device stock tends to have an emotional following. If you don't believe me, you can check out my inbox, which has a special place for nasty AMD-related messages. * 7 Stocks to Buy In a Flat Market But to be completely fair, the contrarian case for AMD isn't without fundamental merit. Even if we fall into a recession, the semiconductor firm has potentially viable revenue streams. For example, video gaming is a huge business. Moreover, during an economic downturn, people will place a premium for cheap entertainment as they did in the Great Depression and recession.Therefore, buying Advanced Micro Devices stock doesn't seem so crazy. Still, I'd be careful. Reality Weighs down AMD StockOn one hand, you really must hand it to Advanced Micro: they've been firing off compelling products and scaring their competition in the process. Their new graphics processors are designed to go head-to-head with the best that Nvidia (NASDAQ:NVDA) has to offer.But on the other hand, this turnaround wasn't cheap. While AMD can legitimately call itself an equal to Nvidia or Intel in terms of next-generation products, it can't do so financially. That perspective is heightened during an economic downturn.In a recession, "boring" metrics like stable, predictable earnings and consistently positive cash flow may win out. That augurs well for Nvidia, but not so much for Advanced Micro Devices stock.Plus, I'm not entirely convinced about the tech firm's ability to capture gaming revenue in a recession. Of course, AMD has a catalyst because Sony's (NYSE:SNE) upcoming PlayStation 5 uses AMD processors. However, I'm not sure if advanced gaming demand will support shares.As you probably know, "serious" gaming is an expensive affair. Contenders have no issue paying tens of thousands of dollars for customized gaming rigs. But will that demand stay robust during an economic slump? For patently understandable reasons, I doubt it.Instead, I see a risk from new video game competitors, such as Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). Although Alphabet is a tailwind for AMD stock, it may not stay that way indefinitely. If Stadia, Alphabet's gaming platform takes off, it might limit Advanced Micro Devices stock. That's because Stadia doesn't require a console to play, eliminating any revenue-making opportunities.Not only that, people who use video games as a distraction will probably elect low-cost means to get their thrills. This removes the whole point about competing with Nvidia on high-profile flagship processors. The Bottom Line on AMD StockNow, some of the above points are granular. But for me, the biggest reason I'm not gambling on AMD is probabilities. Shares have enjoyed monstrous returns in recent years. Given the fundamental headwinds we're all facing, it's unlikely that AMD will go against the grain again.Indeed, the markets are sending prospective buyers a clear signal: wait for your discounted opportunity in Advanced Micro Devices stock.In the first half of this year, the tech firm's equity gained nearly 69%. But since the beginning of July, shares are down nearly 1%.It's not the most convincing of moves. Plus, the overhang of a trade war and possibly deteriorating consumer sentiment makes AMD stock risky. After all, they invested heavily in category-leading premium products, but who'd want to buy them in a recession?As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post At This Point, the Smart Move for AMD Stock Is to Wait appeared first on InvestorPlace.

  • 3 Top Tech Stocks to Buy in September
    Motley Fool

    3 Top Tech Stocks to Buy in September

    Microsoft, Nintendo, and Sony can juice your returns over the next decade.

  • How Will Tariffs Affect the Next Generation of Video Game Consoles?
    Motley Fool

    How Will Tariffs Affect the Next Generation of Video Game Consoles?

    The trade war is bad news for the video game giants.