Published on 26 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will discuss the 10 best streaming service stocks to buy. If you want to skip our detailed analysis of the streaming industry and recent trends shaping the streaming market, go directly to 5 Best Streaming Service Stocks To Buy.
In recent years, the streaming TV landscape has seen a rapid expansion, with numerous new options entering the market. With a plethora of subscription internet TV services available, streaming entertainment has become a staple in American households, evidenced by the 99% of U.S. households subscribing to one or more streaming platforms. Leading the pack are Netflix, Inc. (NASDAQ:NFLX), Amazon.com, Inc. (NASDAQ:AMZN)'s Prime Video, and Apple Inc. (NASDAQ:AAPL)'s TV+. This widespread adoption reflects a shift in entertainment consumption, moving away from traditional cable TV models towards flexible, on-demand streaming options. On average, Americans maintain subscriptions to around 2.9 streaming services each month.