FOXA

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Hello, Dan

I’m interested in Fox, especially since they purchased Tubi, one of my favourite free streaming platforms. What are your thoughts on this stock? Thanks!

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Asked on February 8, 2025 12:32 pm
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I personally avoid investing in most media companies, especially traditional media companies. The company seems to be fairly cheap here but also really isn't projected to grow all that much in the future. Not my cup of tea.

The company acquired Tubi in 2020, entering the streaming business, which is a hyper-competitive space that is really hard to become profitable in. We can look no further than a blue-chip stock like Disney who had immensely more cash flow than a company like Fox and still is struggling mightily.

It is a space where market share can be taken away on a dime. I got burnt on a company like Disney, believing they could grab a big chunk of the streaming industry, and I probably won't evener take a position in one again.

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Posted by Dan Kent
Answered on February 10, 2025 8:27 am