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Newsmax vs Trump Media: Which Stock Will Be the Better Buy This Year?
Two stocks that could benefit from President Donald Trump's popularity this year are Trump Media & Technology Group (NASDAQ: DJT) and Newsmax (NYSE: NMAX). The former was launched by Trump in 2021 when he created the Truth Social platform, while the latter features a conservative cable channel that the president has endorsed in the past. Newsmax recently went public, but Trump Media's stock has been around for a little over a year after merging with Digital World Acquisition Corp. Which of these two stocks is likely to perform better this year and over the long haul?Trump Media stock is more closely aligned with President Trump's brand and image. It involves his Truth Social platform and streaming business.Continue reading
Two stocks that could benefit from President Donald Trump's popularity this year are Trump Media & Technology Group (NASDAQ: DJT) and Newsmax (NYSE: NMAX). The former was launched by Trump in 2021 when he created the Truth Social platform, while the latter features a conservative cable channel that the president has endorsed in the past. Newsmax recently went public, but Trump Media's stock has been around for a little over a year after merging with Digital World Acquisition Corp.
Which of these two stocks is likely to perform better this year and over the long haul?
Trump Media stock is more closely aligned with President Trump's brand and image. It involves his Truth Social platform and streaming business.
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