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Top Entertainment Stocks Worth Watching - October 6th

Verizon Communications logo with Computer and Technology background

Key Points

  • Verizon Communications, DraftKings, Roblox, Walt Disney, and Flutter Entertainment are highlighted as the top entertainment stocks to watch due to their significant trading volume recently.
  • These companies are primarily focused on creating, producing, or distributing leisure content, making them sensitive to consumer discretionary spending and global trends.
  • The the entertainment sector is characterized by its cyclicality, requiring investors to be aware of shifting tastes and economic conditions that can affect stock performance.
  • Interested in Verizon Communications? Here are five stocks we like better.

Verizon Communications, DraftKings, Roblox, Walt Disney, and Flutter Entertainment are the five Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies whose primary business is creating, producing or distributing leisure content and experiences—ranging from film and television studios and streaming platforms to video game developers, theme parks and concert promoters. Investors in these equities seek exposure to consumer discretionary spending and growth driven by hit titles, technological innovations and global audience trends, while remaining mindful of the sector’s cyclicality and sensitivity to shifting tastes and economic cycles. These companies had the highest dollar trading volume of any Entertainment stocks within the last several days.

Verizon Communications (VZ)

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

Read Our Latest Research Report on VZ

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

Read Our Latest Research Report on DKNG

Roblox (RBLX)

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.

Read Our Latest Research Report on RBLX

Walt Disney (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

Read Our Latest Research Report on DIS

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Read Our Latest Research Report on FLUT

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