Warner Bros. Discovery
The stock has been crushed since the merger between the two companies, giving investors an awesome entry point. Warner Bros. Discovery Inc. (NASDAQ: WBD) operates a media and entertainment company worldwide.
The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to third parties and networks and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing and interactive gaming.
The Network segment comprises domestic and international television markets, while the DTC segment offers premium pay-tv and streaming services.
In addition, the Warner Bros. Discovery offers a portfolio of content, brands, and franchises across television, film, streaming and gaming under the Warner Bros. Pictures Group, Warner Bros. Television Group, DC, HBO, HBO Max, Discovery Channel, Discovery+, CNN, HGTV, Food Network, TNT, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones and The Lord of the Rings brands.
Further, it provides content through distribution platforms, including linear network, free-to-air and broadcast television, as well as authenticated GO applications, digital distribution arrangements, content licensing arrangements and direct-to-consumer subscription products.
Warner Bros. Discovery stock has a $20 price target at Goldman Sachs. The consensus target is $19.80, and shares closed on Thursday at $12.70. The Goldman Sachs target represents a 60% gain.
WW International
If you have ever tried to lose weight, then this company may have helped at some point. WW International Inc. (NASDAQ: WW) provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral and lifestyle tools and approaches products and services.
The company provides various digital subscription products to wellness and weight management businesses, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform, including personal coaching and digital products. And it allows members to inspire and support each other by sharing their experiences with other people on weight loss and weight management journeys.
In addition, it offers various consumer products, including bars, snacks, cookbooks, kitchen tools and other products. Further, the company licenses its trademarks and other intellectual property in food, beverages and other relevant consumer products and services, as well as provides publishing services. It offers products through e-commerce platforms and through partners. The company was formerly known as Weight Watchers International and changed its name in September 2019.
Goldman Sachs has set a $17 price target. The consensus target is $11.40, and shares closed Wednesday at $9.32. WW International stock investors will see an 80% gain at the Goldman Sachs price target.
With all five stocks having double-digit upside potential, they make good sense for growth stock investors looking for ideas that will continue to work regardless of the economy or the inflation picture, which all of these should. With second-quarter earnings all but over and a strong year-to-date rally that has driven many stocks higher, it makes sense to buy partial positions here, as we are in the worst time of the year for stocks from a performance standpoint.
Originally published at 24/7 Wall St.
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