5 Best Media Stocks To Buy Now

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In this article, we will be taking a look at the 5 best media stocks to buy now. To read our detailed analysis of these stocks, you can go directly to see the 12 Best Media Stocks To Buy Now.

5. Paramount Global Class B (NASDAQ:PARA)

Number of Hedge Fund Holders: 40

Paramount Global Class B (NASDAQ:PARA) is a media and entertainment company. It is based in New York.

A Buy rating was reiterated on Paramount Global Class B (NASDAQ:PARA) on November 4 by analyst Bryan Kraft at Deutsche Bank.

In the third quarter, Paramount Global Class B (NASDAQ:PARA) saw revenues rise by 5% year-over-year to $6.9 billion. The company’s total streaming revenue was $1.2 billion, showing an increase of 38% year-over-year as well. 

There were 40 funds long Paramount Global Class B (NASDAQ:PARA) in the third quarter. Their total stake value was $2.2 billion.

Follow Viacom Inc.

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