This $40 "Streaming Wars" Stock Has 100% Profit Potential

When Netflix Inc. (Nasdaq: NFLX) started offering its customers a streaming option back in 2007, it was basically the only game in town; it had free rein for a good few years. That did a lot to cement its public perception as the "King" of streaming.

Nowadays, of course, there's unbelievable competition – worldwide – for the consumer's entertainment dollar.

In addition to Netflix, you've got Walt Disney Co.'s (NYSE: DIS) three, soon to be four, streaming services, AT&T Inc.'s (NYSE: T) massive HBO Max, Inc.'s (Nasdaq: AMZN) Amazon Prime Video – at this point there are just too many to list here.

The upshot, for investors, is that some of the world's biggest companies, with the hottest stocks, are actively duking it out right now, chasing the biggest share of a huge pool of money.

When that happens, investors who back the right horse tend to win out. The cool part is, the "right horse" doesn't necessarily need to be the ultimate winner – it just has to have a solid, executable plan and the assets to make that plan a reality.

That's right – despite what you hear, you can absolutely double your money on the third- or fourth-place company…

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Streaming Stocks Are in a Good Place, But…

As we all know, for the last year or so, billions of people around the world were pretty much stuck inside. Netflix alone added a record 37 million new subscribers over the course of 2021.

That kicked off a streaming boom, packed with mergers and acquisitions, big spending for top-notch content, unprecedented incentives, and fast expansion for the biggest companies jockeying for position. What investors got was really a boom in stock prices.

That's cooled off a bit – most of the big streamers are well off their 52-week highs. But the fact remains, as of May 2021, more people have streaming subscriptions than pay for cable.

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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