Summer time means blockbuster movies and high stakes for media companies. But what does it mean for your portfolio?
Any single movie won’t necessarily send media stocks rising or falling, especially not when we’re talking about companies on the scale of Disney (DIS), Sony (SNE) and others. But a string of hits or a series of flops can affect those stocks, so it’s important for investors to keep an eye on what those companies are doing. And savvy investors know to buy positions in the companies and studios that have strong lineups of future releases.
So, which of these stocks are in the best position right now? Here’s a look at three media stocks to buy.