7 Entertainment Stocks That You’re Better Off Avoiding Now

Don’t believe the hype, these stocks are not rebounding anytime soon…

This story was originally published here.

Has any sector of the economy been harder hit by the novel coronavirus pandemic than the entertainment industry? From live concerts to movie theatres, theme parks to sports arenas, entertainment has been devastated this year.

Other than streaming services and podcasts, every facet of the entertainment industry has been brought to a virtual standstill by the global pandemic.

According to market research firm Ampere Analysis, the global film and television industry is projected to lose $160 billion over the next five years due to Covid-19. And that’s just movies and TV.

The live concert industry is projected to lose $9 billion, professional sports is expected to lose $12 billion and amusement and theme parks are forecast to lose $18 billion as they shed more than 100,000 jobs.

Given the carnage that has been caused by production shutdowns, lock down orders and the inability of people to gather in large crowds, it is best for investors to steer clear of many entertainment stocks for the time being.

The entire sector, except for streaming plays such as Netflix (NASDAQ:NFLX) and podcast companies such as Spotify Technology (NYSE:SPOT), should be viewed as untouchable until a vaccine against Covid-19 is widely available and people are again able to attend concert festivals, football games and sit together in public movie theaters.

Here we look at seven entertainment stocks that it would be best to avoid for now…

Editor's Note: Click here to keep reading.

Electric cars are taking over

Dear Reader,

You simply have to see this

A new type of battery is pushing everything we thought we knew about energy storage to the limits.

According to automotive insiders, consumers will soon be able to go 1,000 miles on a single charge.

Think about that for a moment…

That’s nearly TRIPLE the distance of the best-performing electric cars on the market right now — and more than 8 TIMES farther than the average electric car…

That means you could drive from New York City all the way down to Daytona Beach, Florida, without stopping!

A 1,000-mile range clobbers even the most fuel-efficient gas vehicles on the road today!

In short, this tech is about to change EVERYTHING.

When you see this live-action demo, you’ll understand why.

Here’s the best part:

At the heart of this new technology is one company — 1/1,000th the size of GM.

If you want to get in on the electric car revolution, this is easily the best way to do it.

Click here to see the full story.

Sincerely,

Matt McCall
Senior Investment Strategist, InvestorPlace

Write This Stock Ticker Down Right Now

Enter your email below to see the stock name and ticker on the next page.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Write This Stock Ticker Down Right Now

Enter your email address to see the name and ticker on the next page.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

How to Collect "Amazon Royalty" Payouts Before the Deadline

Thanks to a little-known IRS loophole, regular Americans can collect up to $28,544 (or more) in payouts from what is called “Amazon’s secret royalty program”…
Enter your email address to access all the details.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Elon Musk's "Project Omega"

It could soon mint new millionaires, while plunging millions of unprepared Americans into poverty. Get the stocks at the center of it all.
Enter your email address to receive the names and ticker symbols.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

The #1 Trade For 2023

Elon Musk is set to reveal his secret “Project X” that could revolutionize a $23 Trillion industry, and potentially be 1,000x bigger than EV’s. 
This Backdoor play could hand early investors a windfall of gains.
Enter your email address to receive this company’s name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

#1 A.I. Stock Currently Trading For $3

Gain immediate access to this revolutionary $3 A.I. stock that is set to disrupt a $15 Trillion Market soar 75X.
Enter your email address to receive the name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Project An-E

Breakthrough A.I. Just Predicted What the Stock Prices of Tesla, Nvidia, and Apple Will Be 30 Days from Now…
Enter your email address for immediate access.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

Elon Musk's "Project Omega"

It could soon mint new millionaires, while plunging millions of unprepared Americans into poverty. Get the stocks at the center of it all.
Enter your email address to receive the names and ticker symbols.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

#1 A.I. Stock Currently Trading For $3

Gain immediate access to this revolutionary $3 A.I. stock that is set to disrupt a $15 Trillion Market soar 75X.
Enter your email address to receive the name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)

#1 Stock of This Generation

Set to disrupt global industries, this tiny $2 stock could very soon shoot up 150%, 400% … even 900% or more!-
Enter your email address to receive this company’s name and ticker symbol for free.


By submitting your email address, you give Profitable News permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. To learn more about our partners, click here. You can unsubscribe at any time. (Privacy Policy)