5 Best Streaming Service Stocks To Buy

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In this article, we will discuss the 5 best streaming service stocks to buy. If you want to go through our detailed analysis of the streaming industry and recent trends shaping the streaming market, go directly to 10 Best Streaming Service Stocks To Buy.

5. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 89

Established in 1923, The Walt Disney Company (NYSE:DIS) is a prominent media and entertainment conglomerate renowned for its production and distribution of diverse content, spanning movies, television shows, and animated films. The company is also renowned for its globally acclaimed theme parks. Additionally, The Walt Disney Company (NYSE:DIS) has solidified its position in the streaming market with the launch of its streaming service, Disney+.

On March 28, Needham adjusted its outlook on The Walt Disney Company (NYSE:DIS), raising the price target for the stock from $120.00 to $145.00 while maintaining a buy rating. This upward revision in the price target by Needham reflects the firm’s optimistic view of The Walt Disney Company (NYSE:DIS)’s future growth potential and overall performance in the entertainment industry.

89 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database had bought the firm’s shares. The Walt Disney Company (NYSE:DIS)’s largest stakeholder among these was Nelson Peltz’s Trian Partners as it owned $2.9 billion worth of shares.

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