In the following video, Motley Fool analyst Rick Munarriz fields a question from a Fool reader curious about where to stand on Lions Gate (NYSE:LGF-A) and other entertainment companies, asking: "Which entertainment stock should I buy? Am I too late with buying Lions Gate? If so, what other company should I buy now?"
Lions Gate has more than doubled over the past year, and we're also seeing larger entertainment giants including Disney (NYSE:DIS) and Viacom (NASDAQ:VIA) hitting new highs. The gains are warranted. We're in the Golden Age of Streaming, where Netflix (NASDAQ:NFLX) is paying top dollar for licensing rights on content, and any potential player in this field will probably have to overpay for content.
This bodes well for Lions Gate and its peers.
Longtime Fool contributor Rick Munarriz owns shares of Walt Disney and Netflix. The Motley Fool recommends Netflix and Walt Disney. The Motley Fool owns shares of Netflix and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.