From Nasdaq:

Paramount Global (NASDAQ: PARA) is struggling in the streaming business despite owning assets like CBS and MTV. The company is losing money and may not have what it takes to compete with bigger rivals. Stock prices used were end-of-day prices of March 3, 2024, with a video explaining Paramount’s financial struggles published on March 4, 2024.

The Motley Fool Stock Advisor team did not select Paramount Global as one of their top 10 stock picks for investors. Their chosen stocks could potentially generate significant returns in the future. The Stock Advisor service has outperformed the S&P 500 since 2002, offering valuable guidance and two new stock picks monthly. Stocks Advisor returns are as of February 26, 2024.

Randi Zuckerberg, a former Facebook executive, and sister to Meta Platforms CEO Mark Zuckerberg, is on The Motley Fool’s board of directors. Travis Hoium, the author of the video discussing Paramount’s struggles, holds positions in Snap and Walt Disney. The Motley Fool has positions in and recommends Meta Platforms, Netflix, and Walt Disney, while also recommending Comcast. Travis Hoium may receive compensation for promoting The Motley Fool’s services.



Read more at Nasdaq: Avoid This Streaming Stock at All Cost