Video Streaming Will Prevail Despite Recession Fears

We believe that the multi-year pivot from legacy networks to video streaming platforms will continue despite recession fears, says Kenneth Leon. He discusses the outlook for streaming stocks. He talks about how the debate continues whether video streaming will be as profitable as past mediums such as broadcast, or pay TV. He highlights Fox Corp (FOXA), Netflix (NFLX), and Walt Disney (DIS) as streaming stocks that CFRA has a buy on. He then goes over how CFRA has a hold rating on Paramount (PARA), Roku Inc. (ROKU), and Warner Bros. Discovery (WBD). Tune in to find out more about the stock market today.