As we enter into the new year of 2022, it’s time to evaluate your stock portfolio. Streaming services are a great investment as they continue to grow in popularity as a cheaper and more affordable alternative to cable television.
The top online streaming services of 2022 are Netflix, Disney, and Roku respectively. We will discuss the background on each subscription service and the forecasted outlook on their stock value.
- Netflix
Netflix is the top streaming service in the United States. While the number of American subscribers has not increased substantially over the past couple of years, Netflix has expanded its international presence. People subscribing internationally has made up for the lack of Americans subscribing to the streaming platform.
Despite being the top streaming service, they have experienced negative cash flow over years prior. Experts are saying that Netflix should be able to break even from this negative cash flow and generate more positive cash flow as the number of subscribers increases internationally and in the United States.
Experts believe that Netflix will go back to its normal performance from 2019 and continue to see growth because of the 10 games they released in 2021 and the new games they plan to release in 2022.
Stock forecasts show that Netflix is expected to increase in stock value by 48% in 2022 according to Coin Price Forecast.
Whether you are watching a throwback like Casino or Lay the Favorite, you may feel the desire to try your luck at sport betting while you relax watching your favorite gambling movies.
- Disney +
Disney leads in the streaming service market in second place after Netflix. Disney owns other leading streaming services Hulu and ESPN +, hence why they promote the Disney Bundle for added savings to their clients if they choose to subscribe to all 3 streaming services.
While the company gained instant popularity when it originated in 2019, its creation expenses are very high because of all its streaming offerings. Hence, it will be a few years before the company can turn a profit. However, the company continues to find ways for the streaming services to be profitable by running promotions to encourage more subscribers to come on board.
Stock forecasts project that Disney should rise in stock value by about 30% according to Coin Price Forecast.
- Roku
While Roku is the biggest TV platform in the United States, the company is third in line amongst the popular streaming services in the United States.
Since the company gives out its own streaming devices without much cost, they can make their money from subscription fees.
Consider adding Roku to your portfolio because more people are flocking to this Internet streaming service as an alternative to the high costs of subscribing to a cable television package.
Roku took a sharp hit to their shares because they reduced by 33% in 2021. However, gross profit did rise by 69% according to Yahoo Finance despite account generation slowing down. Experts project that the stock should be more stable by the middle of 2022 as more people may consider purchasing a Roku-powered smart television.
If you subscribe to Roku, consider their Sportsbook betting service where you can bet on NBA, NHL, NCAA, and MLB games.
