|Day's Range||5.35 - 5.65|
Former HBO CEO Richard Plepler is reportedly in talks to sign an exclusive production deal with Apple TV+, according to multiple reports. Yahoo Finance’s Zack Guzman and Sibile Marcellus discuss with Campus Reform Editor-In-Chief Cabot Phillips on YFi PM.
Former HBO CEO, Richard Plepler, is reportedly in talks to sign a production deal with Apple for Apple TV+. Yahoo Finance’s Dan Roberts, Heidi Chung and Kristin Myers discuss on YFi AM.
“Friends” might be getting a reboot on HBO Max while Netflix secures a one-time licensing deal with Paramount for the fourth installment of “Beverly Hills Cop." Why reboots are all the rage as platforms look to beat out streaming competitors.
Comic book movie "Joker" is poised to surpass $1 billion in global ticket sales on Friday, becoming the first R-rated Hollywood movie ever to overcome the milestone. "Joker," a dark origin story from Warner Bros. about Batman's arch nemesis, had sold $999.1 billion as of Thursday despite not having been screened in China, which is projected to become the world's largest movie market next year. Starring Joaquin Phoenix as a mentally-ill loner who finds fame through a random act of violence, the movie earned warm reviews as it opened in early October but stoked controversy in the United States over fears it would encourage violence.
In the investment world, there's a lot of debate surrounding technical analysis. Some fundamentalists call technical analysis "hocus pocus" and think there's nothing to it. Other traders, however, attest to the "price is truth" mantra, and believe that technicals give you the most insight about how and when to buy a stock.I'm not here to settle this decades-old debate.Rather, I'm here to do two things. First, I'll give my personal two cents on the matter. Technicals don't drive stocks. Fundamentals do. But, there's enough information embedded into price action -- and enough money out there paying close attention to technicals -- that technical indicators can give investors very strong and accurate buy/sell signals.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSecond, I'd like to highlight recent academic research from Professor Shu Feng of Boston University and Professor Na Wang and Professor Edward Zychowicz of Hofstra University. Analyzing data from 1993 to 2010, they found that technical indicators tend to perform better when sentiment is high, versus when sentiment is low.Right now, market sentiment is high. The S&P 500 has rallied an impressive 4% over the past month alone to all time highs, and every investor sentiment reading has moved higher over the past few weeks. * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside Considering that technicals do matter, that technical analysis works better during periods of high investor sentiment and that investor sentiment is presently high, the implication is clear. It's time to start buying stocks with strong charts and favorable technical indicators. Stocks to Buy with Great Charts: Skechers (SKX)First up, we have athletic apparel maker Skechers (NYSE:SKX).The 2019 chart for SKX stock is pretty clean and impressive. All year long, the stock has been on a steady uptrend, with well-defined support and resistance lines. Both of those lines have held multiple times, so barring some drastic change, they should keep holding for the foreseeable future. Assuming they do, the most likely path forward for SKX stock is to keep rallying until it hits its resistance line at around $45.The fundamentals support further upside in SKX stock, too. Consumer attitudes are improving, and consumer spend this holiday season will likely be very strong amid easing trade tensions, re-accelerating economic activity, and still healthy labor market conditions. At the same time, athletic apparel tailwinds remain alive and well, and the Skechers growth narrative (over 15% revenue growth last quarter) remains equally vigorous.Still, SKX stock trades at a huge discount to its sector and peers, and therefore, has plenty of room to keep moving higher, propelled by a healthy combination of profit growth and multiple expansion. Trade Desk (TTD)Second, we have programmatic advertising leader Trade Desk (NASDAQ:TTD).The chart on Trade Desk implies that this stock is in the early stages of a big rebound. Specifically, TTD stock plunged into technically oversold territory (Relative Strength Index below 30) in late September. It has only done this twice before over the past year. Both times, the stock proceeded to bottom, reverse course and head substantially higher over the subsequent few months. It looks like the same thing is happening this time around, as TTD has bottomed and reversed course in October/November. If history holds up, shares should continue to trend higher.The fundamentals underlying TTD stock are equally bullish. This company is pioneering the future of advertising, which is the usage of data, algorithms and machines to automate and optimize the ad transaction processes. This market, dubbed the programmatic advertising market, projects to grow by leaps and bounds as automation becomes more and more globally prevalent. Trade Desk will similarly grow by leaps and bounds in the long run. Near-term weakness is nothing more than noise for this long-term winner. * 10 Cheap Stocks to Buy Under $10 Plus, it looks like that near-term weakness is now fading out, which could mean that the coast is clear to buy the dip in TTD stock. AT&T (T)Third, we have telecom giant AT&T (NYSE:T).The chart on T stock implies that shares are in the midst of a breakout which will persist until about $45. Specifically, T stock broke a multiyear downtrend in early 2019. Ever since, the 20-day moving average has surged above the 50-day moving average, and both have surged above the 200-day moving average -- a favorable dynamic which implies building momentum in the stock. At the same time, multiyear resistance doesn't arrive until around $45, so barring any drastic changes. Thus, T stock looks like it's charting a course for that level.AT&T's fundamentals have similarly "broken out" in 2019. That is, this is a company which has been plagued by cord-cutting headwinds over the past several years. But AT&T is finally responding to those headwinds by building out a direct-to-consumer streaming service, HBO Max, which is set to launch in 2020. The expectation is that success in the streaming vertical will help offset weakness in the linear video vertical. Meanwhile, 5G coverage is going mainstream in 2020, and that should provide a boost to AT&T's wireless business.Overall, there's a lot to like about T stock here, and improving fundamental and technical trends imply that the 2019 breakout rally in shares isn't over just yet. Under Armour (UAA)Fourth, we have another athletic apparel maker, Under Armour (NYSE:UAA).The chart for UAA stock shows a stock which has been oversold and is due for a bounce-back soon. The technical buy signal on Under Armour over the past year has been buy when UAA stock drops below $18 and when the Relative Strength Index drops below 30. Right now, UAA stock is very close to flashing that buy signal, with shares below $18 and the RSI only a hair above 30. Once RSI drops below 30, history suggests UAA stock will bounce back in a big way.Fundamentally, the recent sell-off in UAA stock also seems overdone. Sure, this is a slow-growth company with some brand identity, executive and accounting issues. But, they are still a very important brand in a very important and rapidly growing athletic apparel market, with margins that are making significant upward progress.Considering all that, the long-term earnings power here says that UAA stock is worth a lot more than $17. * 7 Tech Stocks to Buy for the Rest of 2019 The implication? Be ready to buy this dip. UAA stock won't stay down here for long. Okta (OKTA)Fifth, we have cloud security company Okta (NASDAQ:OKTA).The story that OKTA's chart tells is one of a stock that is breaking out after a brief period of consolidation. Okta has been a very strong stock. It spends very little time in oversold territory. But every once in a while, valuation friction rears its ugly head and OKTA stock does dip into oversold territory. See late 2018 or late 2019.But with both the Relative Strength Index and stock rebounding, it appears OKTA is breaking out. The last time a breakout like this happened, OKTA stock marched from $60 to $140 in a matter of months.Fundamentally, everything here checks out. This is a 50%-plus revenue growth company disrupting a multi-billion-dollar (and still growing) cybersecurity space with a one-of-a-kind, identity-based solution. Gross margins are huge (over 70%), so as long as revenue growth drives positive operating leverage in the long run, Okta has an opportunity to produce huge profits at scale.Nothing about these fundamentals has changed over the past few months. OKTA stock just got hit by some valuation headwinds. Now, those headwinds have passed, and shares look ready to get back to their winning ways. Chegg (CHGG)Sixth, we have connected learning platform Chegg (NYSE:CHGG).On the technical side of things, Chegg appears to be in the very early innings of a multi-quarter breakout. CHGG stock has been hit hard recently. But it has also shown signs of strength ever since a strong Q3 earnings report. This recent strength has propelled the stock's 20-day moving average above its 50-day moving average for the first time in a few months. This bullish crossover signal has materialized just four times over the past three years. Each time, it preceded a huge move higher in CHGG stock.On the fundamental side of things, Chegg's strong Q3 earnings report confirmed that nothing has changed about this company's fundamentals. Students still need academic help, and they are still seeking for that help through on-demand, connected learning platforms. In that space, Chegg remains unrivaled, and students continue to swarm onto the Chegg platform. Revenues, margins, and profits are all moving higher. * 7 Great High-Yield Stocks With Payouts Over 5% With the fundamentals still rock-solid and the technicals pointing to a big move higher, I think now is the time to double down on CHGG stock. Etsy (ETSY)Last but not least on this list of stocks to buy with great charts is specialty e-commerce marketplace Etsy (NASDAQ:ETSY).The technical picture on Etsy implies that you have a really oversold stock -- one running into some big support -- that's due for a nice relief rally soon. Thanks to a convergence of headwinds, including disappointing earnings, ETSY stock has dropped into significantly oversold territory. Indeed, the RSI has only been this low on ETSY once before since 2016. At the same time, shares are running into multi-month support at $40. This combination of big support and dramatically oversold conditions should spark a recovery rally in ETSY stock.The fundamentals here are weakening. Growth is slowing, and margins aren't moving higher like they used to. Still, this is a 20%-plus volume growth company in a secular-growth e-commerce marketplace, with margins that are largely stable. In other words, it's still a very good growth company with a favorable financial profile.The valuation today doesn't seem to reflect this. As such, buying the dip seems like the smart move.As of this writing, Luke Lango was long SKX, TTD, T, OKTA, CHGG and ETSY. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post 7 Stocks to Buy With Great Charts appeared first on InvestorPlace.
Recently, I gave my personal take on streaming when I purchased a Roku (NASDAQ:ROKU) device. Previously, I was tethered to the cord, always talking about the benefits of cutting it, but never truly understanding it. But with Roku, I wholeheartedly get why millions everywhere are abandoning traditional TV. With that, has my take on iQiyi (NASDAQ:IQ) and IQ stock changed?Source: NYC Russ / Shutterstock.com Often billed as China's Netflix (NASDAQ:NFLX), the investment concept of iQiyi stock appealed to those far smarter than me. These are the folks that saw the writing on the wall when it came to traditional TV. Following the implications to their logical conclusion, they cut the cord and joined the streaming revolution.Indeed, buying a Roku device and enjoying previously unattainable benefits like on-demand content made me appreciate all streaming companies. I'm not just talking about IQ, but rather, the decision of big-name companies like Disney (NYSE:DIS) and AT&T (NYSE:T) to focus on content consolidation and streaming now made much more sense.InvestorPlace - Stock Market News, Stock Advice & Trading TipsClearly, streaming is the future, but will that future benefit IQ stock? Unfortunately, I have my doubts. * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside The company's most recent earnings report for the third quarter didn't help bolster confidence. Although IQ reported narrower-than-expected per-share profitability, it fell a bit short on revenue. Against a consensus target of $1.02 billion, the Chinese streaming giant instead rang up $1 billion flat.That didn't stop enthusiasm in iQiyi stock following the earnings disclosure. However, shares quickly came back down to earth over the next several sessions.Worryingly, IQ stock dropped over 4% in the midweek session of Nov. 13. Rather than a discount, I see more volatility ahead. IQ Stock Is Suffering an Identity CrisisOn paper, analysts consider Q3 as a mixed report: a beat on profitability expectations but a miss on revenue. But based on the technical performance of iQiyi stock, as well as the broader fundamental picture, I view the Q3 report as unambiguously disappointing.Inarguably, IQ is a growth stock. The underlying company sacrifices positive net income in the here and now to invest in expansionary mechanisms. In terms of subscriber growth, management is achieving its goals, but in terms of sales growth, they're flat to declining. Click to EnlargeIt wasn't just that Q3 2019 results produced revenue of $1 billion. Instead, over the last six quarters now, iQiyi has averaged revenue of $1.01 billion. And in Q3 2018, top-line sales came in just under $1.02 billion. As I said, the streaming firm's sales trajectory is flat to declining.Criticize Netflix all you want: the U.S.-based streaming company has consistently grown quarterly revenue over the last five years. And because of this historical consistency, Netflix has generated positive net income for several years.But for IQ stock, a reasonable pathway to profitability is fading. Since at least 2015, net income has progressively sunk deeper into red ink. This year will continue this dubious trend unless we see a miraculous result in Q4.And that won't happen. In the most recent quarter, IQ's net income was a loss of $516 million. In the year-ago quarter, it was a loss of $458 million. Clearly, the company is going the wrong way.Ordinarily, for a growth stock, you'd comfort yourself with the growth narrative. But that's also moving in the wrong direction for IQ stock. No matter where you turn, the fundamentals don't make much sense. China Is a Poor Market for iQiyi StockOne of the other things I like about my Roku device is content options. From programming geared toward family viewing to NC-17 rated stuff, I control what I want to watch.That's the beauty of America and the western civilized world: we have the freedom to do how we please, so long as we don't infringe upon other people's rights. I believe we have the French to thank for this brilliant idea.However, this mentality doesn't fly in China. Internet censorship has long dogged attempts by American technology firms to break into the Chinese market. We're talking huge brands like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB).Supposedly, Chinese censorship is designed to protect pride in the mainland, which to some level I can understand. But it also devolves into the ridiculous, such as censorship of men wearing earrings.And you know what? When it comes to entertainment, censorship stinks. It's bad enough that IQ stock is having trouble with its underlying growth narrative. But to have a government-level headwind on top of it? This renders shares a speculative gamble rather than a sustainable investment.As of this writing, Josh Enomoto is long AT&T. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks to Buy for the Rest of 2019 * 7 Biotech Stocks to Buy With Plenty of Power in the Pipeline * 5 Stocks to Buy That Are Set for Monster Growth in 2020 The post Economic Fundamental Issues Aside, IQ Stock Has an Identity Crisis appeared first on InvestorPlace.
as head of HBO in February, it signalled the end of an era for a cable network synonymous with high-quality television. Mr Plepler’s arrival at Apple would present a fresh challenge to Netflix, which has battled with HBO for coveted Emmy awards in recent years.
With cord-cutting accelerating and the range of streaming video options expanding, the time has come to back away from most U.S. telecom and cable stocks, HSBC analyst Sunil Rajgopal says.
Amid the rapidly changing video landscape and uncertainty over T-Mobile US Inc.’s pending merger with Sprint, only one U.S. telecommunications name still has room for upside, according to HSBC.
I've been mostly skeptical toward Disney (NYSE:DIS), and so far, mostly wrong. Optimism toward the company's Disney+ streaming service sent Disney stock soaring in April. More recently, solid fourth-quarter results and a fast start to the streaming launch have sent the the stock's price to new all-time highs.Source: James Kirkikis / Shutterstock.com To be sure, I understand the bull case for Disney stock, and the streaming opportunity is real. Disney+ is beating rivals AT&T (NYSE:T) and Comcast (NASDAQ:CMCSA) to market. Its nearly full ownership of Hulu and its massive library make Disney the strongest competitor to Netflix (NASDAQ:NFLX) on a global basis.And given that Netflix has a market capitalization of $130 billion, more than half that of Disney, a streaming business that rivals or exceeds that of Netflix obviously can have a material impact on the price of DIS stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat said, there long have been concerns about the rest of Disney's business. ESPN revenue and profits have stalled out amid cord-cutting pressure. Other networks like ABC are feeling the same pinch. The licensing business has softened, and Disney's parks business faces cyclical risk in year eleven of an economic expansion. * 10 Cheap Stocks to Buy Under $10 The concern with Disney stock since the Disney+ launch has been that investors have forgotten about those issues. That's particularly dangerous given that Disney+ itself is likely to exacerbate the weakness in the legacy business.In that context, I'm still skeptical toward the company's stock. Yes, streaming is a big deal for DIS, but investors need to focus on the rest of the business as well. Q4 Earnings Were Better Than You ThinkDisney's fourth-quarter report, which beat consensus estimates, was well received. But expectations aside, the quarter at first glance looks close to disastrous. The company's non-GAAP earnings per share declined 28% year over year, and fell 19% in fiscal 2019 as a whole. Free cash flow in FY19 was just $1.1 billion -- down dramatically from $9.8 billion the year before.Of course, there are a number of moving parts affecting earnings and cash flow. The deal with Comcast that brought Hulu under Disney's control also brought Hulu's operating losses onto Disney's balance sheet in full. Twenty-First Century Fox's movie studio posted losses in both the third and fourth quarters. Those two factors alone reduced adjusted EPS by 47 cents, per commentary on the Q4 conference call. Spending behind the Disney+ launch took off another 18 cents or so, based on operating income discussion.Given that adjusted EPS declined by just 41 cents -- 10 cents better than the average Wall Street estimate -- upon closer inspection, Q4 looks reasonably strong. Hulu's losses will reverse over time. Fox simply had a bad quarter. Aside from these relatively one-time impacts, Disney is still growing earnings. And that seems to set the company, and the stock, up well now that Disney+ has officially launched. …But Concerns PersistThat said, looking closer, the old worries persist. Per the call, ESPN profits declined. Cable Networks profits actually declined in the quarter, as the drop in ESPN earnings more than offset the benefit of FX and National Geographic, acquired in the Fox deal. Broadcasting profits, too, declined due largely to weakness at ABC.Bear in mind that the Media Networks group, even adjusting for restructuring and acquisition costs, accounted for over 40% of total earnings in fiscal 2019. (The exact figure is difficult to calculate until Disney files its annual report.) That significant contribution to overall earnings is the key reason why Disney stock traded sideways for almost four years before the Disney+ launch.Problems in Media Networks aren't going away. ESPN+ has been a point of focus, but closed the quarter with just 3.5 million subscribers. The ESPN network may well have lost that many subscribers just in fiscal 2019 (here, too, the actual figure hasn't yet been disclosed), and at significantly higher monthly revenue than the $5 the company charges for ESPN+.TV weakness is a significant headwind for Disney earnings. And it's likely that Disney+ itself will accelerate cord-cutting, and add to that headwind. Cable stocks like AMC Networks (NASDAQ:AMCX) and Discovery Communications (NASDAQ:DISCA, NASDAQ:DISCB) trade well off their highs because of precisely that trend.Meanwhile, Fox is off to a difficult start under Disney ownership. The film studio in Q3 reverted to a $170 million loss from an estimated $180 million profit the year before. According to the Q4 call, it lost $100 million more in the fourth quarter than it had in Q4 2018. Ad Astra and Dark Phoenix both flopped.Streaming is important to Disney. It's likely the most important business for Disney stock, as I wrote in a detailed piece this summer. But the other businesses matter too. And they have not performed well in recent quarters, or in Q4. The Case For and Against DIS StockAgain, investors have shrugged off those concerns for some seven months now, and continue to do so. And, again, to some extent, I understand why. If Disney+ really is a Netflix competitor, let alone a Netflix killer, it could well be worth over $100 billion. That suggests the rest of Disney is "only" valued at roughly $160 billion.Those non-streaming businesses in fiscal 2019 probably generated around $13 billion in adjusted net income in fiscal 2019. Again, between impairments, purchase accounting for the Fox deal and spending behind not just Disney+ but Hulu and ESPN+, it's difficult to pin down a precise figure. But it seems likely that adjusted EPS would have come in nicely above $7, and closer to $8. The latter figure would imply over $14 billion in profits. Assign a reasonable 15x multiple to that number and Disney as a whole would be worth over $300 billion. * 7 Inexpensive, High-Dividend ETFs to Buy That in turn implies a stock price above $170 for DIS against the current $148. And investors may well see the strength in Parks, the dominance of the studio business and the intellectual property as supporting an even higher non-streaming multiple, and thus a higher Disney stock price. Meanwhile, Disney's first-day haul of 10 million Disney+ subscribers is another piece of evidence to suggest that the service can be a juggernaut and a real threat to Netflix.But there's a lot that needs to go right there. Bear in mind that Disney+ has a five-year target of 90 million subscribers, at which point Netflix should be nearing 300 million. Disney still generates significant profit from home video, some of which will be cannibalized by Disney+ subscribers who no longer buy individual movies. It's foregoing licensing revenue from Netflix in bringing back its content.Even if Disney+ is worth $100 billion-plus, and the rest of the business declines, I'm skeptical that Disney stock should be valued at much more than the current price, if that. And from that standpoint, Q4 appears less encouraging that investors seem to believe.Again, I've been wrong before, and long-term investors betting on Disney and CEO Bob Iger haven't been disappointed. But there are concerns here, and I remain skeptical that streaming alone can fix them.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Stocks to Buy Under $10 * These 10 Stocks to Buy Make the Perfect 'Retirement' Portfolio * 5 Streaming Stocks to Buy for Huge Upside Over the Next Decade The post Disney's Legacy Businesses Are Still an Issue for DIS Stock appeared first on InvestorPlace.
The sharp slide in Intelsat shares continued on Thursday, as concerns grow about the proposed auction of C-Band radio spectrum by an alliance of satellite communications companies for use by telcos building out 5G networks. The companies in the C-Band Alliance (CBA)— (I) (ticker: I) and SES (SGBAF), both based in Luxembourg, and Telesat, a Canadian firm majority-owned by (LORL) (LORL)—have proposed a private auction that would provide access to the spectrum to carriers building out 5G networks. The Federal Communications Commission is expected to take up the proposal as soon as its December meeting.
Are some of the good times coming to an end for AT&T and its industry? The Dallas-based company, along with Verizon and T-Mobile USA, were hit with a downgrade to “hold” from “buy” by analysts at HSBC in a new research note. “Going into 2020, we turn cautious.” AT&T's stock has climbed more than 30 percent this year in the sector that’s benefitted from lower interest rates, a “rational competitive environment in mobile” and commentary that signals stable or lower capital expenditures, the analysts said.
Concern about competition and the changing content business model in the industry drove the rating moves by analyst Sunil Rajgopal.
Roku stock has already recovered from its post-Q3 earnings release selloff after bullish streaming TV investors snatched up a perceived buying opportunity. But the streaming TV stock might have even more room to run...
With 5G technology opening up opportunities in the telecom sector, we study the impact of a few big earnings releases on ETFs with decent exposure.
Concerns that the timing and terms of the auction will get entangled in politics is weighing on the shares of the satellite providers—with ramifications for the carriers and others in the 5G food chain.
Media giant Disney's (NYSE:DIS) highly anticipated new streaming service, Disney+, launched on Nov. 12 to huge fanfare. In the first few minutes after Disney+ launched, the streaming service became the No. 1 trending topic on Twitter. A few hours later, Disney said that early consumer demand for Disney+ had exceeded even their high expectations.The big takeaway? There is a ton of demand out there for streaming content, and media companies today are just scratching the surface of all that demand.Consider that about 96% of U.S. households still subscribe to pay-TV services. That is, despite all the cord-cutting hype over the past few years, only 4% of American households have actually cut the cord and said goodbye to pay-TV. Instead, because streaming services in their current state are good but limited (no sports, only a few services, a lack of big-name movies, etc.), the norm for U.S. households today is to subscribe to both pay-TV and a few streaming services.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis will change over the next decade. Traditional media giants have finally caught on to the idea that, thanks to its convenience and pricing advantages, streaming is the future of TV.Consequently, they are increasingly taking resources away from the linear TV channel, allocating them towards the internet TV channel, and are planning to launch a slew of streaming services over the next few years.The result? Come 2025, the streaming TV space won't be limited anymore. It will have as much content as the linear TV world, if not more content. This transition from limited to unlimited content over the next five years will get consumers to actually cut the cord, and will spark a streaming TV gold rush wherein the U.S. household norm goes from pay-TV and a few streaming services, to just a few streaming services. * 7 Biotech Stocks to Buy With Plenty of Power in the Pipeline What does all this mean for investors? The 2010s weren't the decade of streaming stocks. The 2020s will be. So don't think it's too late to buy streaming stocks. The streaming TV gold rush is actually just beginning. Streaming TV Stocks to Buy: Disney (DIS)Source: ilikeyellow / Shutterstock.com Disney stock is set to win big next decade because the company's suite of streaming offerings -- Disney+, ESPN+ and Hulu -- project to grow by leaps and bounds in the 2020s.Disney has struggled with severe cord-cutting headwinds over the past several years. Those cord-cutting headwinds will persist. They will actually get worse. But, that's largely irrelevant now, because Disney has pivoted into the streaming channel, and the company hopes that growth of Disney+, ESPN+ and Hulu will offset linear video subscriber churn.That's exactly what will happen.Simply consider that Disney dominates the box office every year with its annual slate of big ticket productions, implying that Disney is already king in the game of "making content that consumers will pay for." Now, all Disney is doing is packaging all that content into one streaming service, at a very attractive $7 per month price point. You can bet that this service will have huge demand.Further, ask anyone why they still have cable, and most consumers will tell you that one of the biggest pulls of cable is live sports. But, Disney has a unique opportunity with ESPN+ to make live sports a streaming TV thing. If they do -- and they successfully integrate robust live sports offerings into ESPN+ -- then that service could have huge uptake over the next several years, too.Ultimately, both Disney+ and ESPN+ are in the early stages of huge, multi-year growth narratives, and those growth narratives will ultimately propel DIS stock higher next decade. Netflix (NFLX)Source: Riccosta / Shutterstock.com The pioneer and king of the streaming TV world, Netflix (NASDAQ:NFLX) won't be dented by increased competition in the streaming space. Instead, because of Netflix's content and size advantages, increased competition could actually help -- not hurt -- NFLX stock over the next decade.Netflix's advantages in streaming are two-fold. First, there's the data advantage. Netflix has an unparalleled data-set, which includes several years of hundreds of millions of consumers' viewing habits. Broadly, then, Netflix knows who wants to watch what -- and why -- better than anyone else. They have been, still are and will continue to leverage this data advantage to create more, better and more relevant content than anyone else.Second, there's the size advantage. Netflix is also unmatched in terms of number of consumers paying for its platform, so the company can justify spending more on content since the returns are more tangible and immediate than they would be at another streamer. Because of this, Netflix projects to have a bigger content budget than anyone else for a lot longer, and this bigger budget will enable them to make more and better content, too.At the end of the day, then, Netflix's data and size advantages will allow them to make more and better content than anyone else in this space. The streaming wars are all about content. So long as Netflix has better and more content, they won't be at risk to competitive factors. * 7 Tech Stocks to Buy for the Rest of 2019 Rather, increased competition could provide a tailwind for Netflix, since it will spark a mass exodus out of the linear channel and into the streaming channel. This exodus will provide a rising tide that will lift all boats in streaming -- NFLX included. Apple (AAPL)Source: dennizn / Shutterstock.com Because of its unparalleled ability to invest in content development and acquisition, as well as its huge install base of iPhone, iPad and Mac users, Apple (NASDAQ:AAPL) reasonably projects to come out as a winner in the streaming wars.Apple comes into the streaming wars with two huge advantages -- its balance sheet, and its ecosystem of iOS users. On the balance sheet front, Apple has $260 billion in cash and marketable securities on the balance sheet. That's more than the entire market cap of Netflix -- twice over. Further, they have a net cash balance of $98 billion, and they want to get that down to zero over time. As such, Apple has the resources, and the appetite, to create a treasure trove of original content which consumers will pay up for.On the ecosystem front, Apple already has a huge global install base of iPhone, iPad and Mac users. Thus, Apple has a huge distribution advantage. All they have to do is promote Apple TV+ to this ecosystem with a few push notifications, and hope some consumers in the ecosystem will bite. Some will, and if the content is good (as it should be, given Apple's budget), then word-of-mouth will do the rest.Big picture -- Apple has a unique opportunity to turn Apple TV+ into a huge streaming service over the next several years, and if they do, AAPL stock will continue to trend higher. AT&T (T)Source: Lester Balajadia / Shutterstock.com Traditional media giant AT&T (NYSE:T) will leverage its huge internet and linear TV service customer base and its wide portfolio of original content to experience tremendous success in the streaming channel over the next decade.Much like Apple, AT&T comes into the streaming wars with two big advantages -- they provide the internet services that streaming services run on, and through the years, they've amassed a very impressive portfolio of exclusive content.With respect to the first point, AT&T provides internet services. Without these internet services, streaming services don't work. AT&T can leverage this to promote its own streaming services, like HBO Max, by running promotions like "buy our internet service, get HBO Max free." Indeed, they are already doing this, and the more they do it, the more they should turn existing internet subs into streaming service subs.On the second point, through various acquisitions, AT&T has increasingly turned into a media titan over the past few years, with a portfolio of content that includes HBO, Warner Bros, TBS, TNT, Adult Swim and the DC Universe. That's content that consumers have expressed a willingness to pay for, either through movie ticket purchases or pay-TV subscriptions. As such, they should be willing to pay for it in a streaming service. * 10 Cheap Stocks to Buy Under $10 At the end of the day, then, AT&T should be able to leverage streaming success to offset cord-cutting headwinds over the next few years. As they do, AT&T stock should work. Roku (ROKU)Source: Michael Vi / Shutterstock.com While everyone else on this list is in the game of creating streaming services that consumers will want to pay up for, Roku (NASDAQ:ROKU) is in the business of providing distribution for these new streaming services. And, as the distribution leader in the streaming TV world, Roku has guaranteed itself big growth during the streaming TV gold rush of the 2020s.The streaming TV market of the 2010s was pretty simple. You had a few streaming services (Netflix, Hulu, YouTube and Amazon Video, namely) and a ton of consumers subscribing to those streaming services. In that rather simple world, Roku was a very necessary distribution platform that connected those few streaming services to those many subscribers, in a clean, friction-less, unbiased and streamlined manner.In the 2020s, though, the streaming TV market will get a lot more complex. With the introduction of several new streaming services, you will have a ton of subscribers and a ton of streaming services. In this more complex world, the need for and value of a distribution platform like Roku to connect all the disjointed supply to all the disjointed demand will only grow.Consequently, as the streaming TV gold rush introduces complexity into the market, more consumers will use Roku to access their favorite streaming services. As they do, Roku's revenues, profits, and stock price will all move higher.As of this writing, Luke Lango was long DIS, NFLX, T and ROKU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks to Buy for the Rest of 2019 * 7 Biotech Stocks to Buy With Plenty of Power in the Pipeline * 5 Stocks to Buy That Are Set for Monster Growth in 2020 The post 5 Streaming Stocks to Buy for Huge Upside Over the Next Decade appeared first on InvestorPlace.
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