It’s been more madness than March for shareholders of fuboTV (NYSE: FUBO). The stock enters the new week trading 65% below the high it set over the holiday season three months ago.
Shares of the sports-first live TV streaming service would have to nearly triple to get back to where they were at their recent peak. It may be a tall order to get there soon, but that’s a high ceiling with plenty of room to trounce the market through the final three quarters of 2021 without bumping its head. Let’s go over some of the reasons I still believe in fuboTV stock.