Savvy investors should be watching these media stocks instead of AMC movie screens.
1. Sony Group Corp (SONY)
Sony Group Corp (NYSE: SONY) is making waves in the media industry with its potential merger with Paramount (NASDAQ: PARA). The $26 billion offer indicates a significant move in the market.
2. Reddit (RDDT)
For those seeking a bit of risk, Reddit (NYSE: RDDT) is gaining attention. Bank of America raised its target price, and the recent debut earnings report showed promising results despite some challenges.
3. IMAX Corp (IMAX)
Despite shifts in movie consumption habits, IMAX Corp (NYSE: IMAX) remains a standout. Its unique viewing experience and recent financial performance indicate potential for growth in the industry.
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