|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||51.51 - 53.32|
|52-week range||51.51 - 53.32|
|Beta (5Y monthly)||1.51|
|PE ratio (TTM)||36.30|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
In this episode of MarketFoolery, host Chris Hill is joined by Motley Fool analyst Jason Moser to discuss how Discovery Communications' (NASDAQ: DISCA) streaming service got off to a hot start, sending shares to an all-time high. Also, Korn Ferry's (NYSE: KFY) stock hits a 52-week high after stronger-than-expected third-quarter results. Plus, they talk about Boeing's (NYSE: BA) latest headline risk and the potential for "re-opening" stocks.
At the very least, ad activity has rallied to pre-pandemic levels, helping offset the slow but steady decline of cable TV subscribers. Profitability is going to take a hit this year as the media company props up its marquee service of the future, but this remains one cheap stock if the streaming service continues to pick up subscribers at a rapid pace. As expected, Discovery's free cash flow took a hit at the end of the year.
Discovery Communications (NASDAQ: DISCA) officially made its entry into the streaming wars at the start of 2021, and it already counts over 11 million subscribers for its flagship service, Discovery+. The media company is working on new ad technology to improve ad targeting and produce new formats uniquely available on digital platforms like interactive ads.