A lower price doesn't inherently make a company worth owning, but a company worth owning is certainly a better buy at a lower price.
Compare DISC.A Stock to Peers
|Symbol||Last Price||Market Cap||% Δ 1 Yr||% Δ 5 Yr|
Discovery (A shares)
News & Analysis: Discovery (A shares)
Investors would be wise to pay attention to this trend, which will aggravate cable companies while enriching smaller, niche streaming operators.
Discovery+ looks a lot more like Disney+ than HBO Max.
DISCA earnings call for the period ending December 31, 2020.
The cable content creator doesn't have to make a killing with its new streaming service to offset the impact of cord-cutting.
There was something missing from Discovery's big announcement.
The new service will also be getting a helping hand from Verizon to make it immediately available nationwide.
DISCA earnings call for the period ending September 30, 2020.
Smaller, less-mainstream video content creators are finding the cable industry just doesn't need them like it used to.
These three traditional cable stocks all beat expectations last quarter and trade at ridiculously cheap valuations.