3 Reasons to Buy Fubo Stock Like There's No Tomorrow

No one expected FuboTV (NYSE: FUBO) to be one of just four exchange-listed stocks with market caps north of $900 million to have doubled this year, but here we are. The live TV streaming service catering to sports fans saw its stock soar in January after brokering a deal with Disney (NYSE: DIS) that will eventually find the iconic media giant owning a 70% stake in the business.

There's a lot to like about the unlikely pairing with Disney, but it doesn't mean that the upticks are over. No matter how the future plays out, Fubo is in a better position to succeed than it was at the start of this year. Let's take a closer look at why Fubo is a stock that you should buy like there's no tomorrow.

The deal with Disney is still about a year away from closing as the partnership isn't expected to close until the first half of next year. The combination is tantalizing for both parties. Fubo will get an infusion of credibility, scalability, and liquidity. Disney will get to see if a less distracted company can help boost the prospects for its Hulu + Live TV offerings that is losing ground to the market leader.

Continue reading