This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXMPEB3G0UP_M.jpgThe entertainment industry is poised for a paradigm shift with the introduction and rapid acceptability of OTT platforms. The industry saw an unprecedented surge in demand for OTT services amid the COVID-19 pandemic due to the emergence of homebound lifestyles. Investor sentiment in the space is evident in the iShares Evolved U.S. Media and Entertainment ETF’s (IEME) 52.6% returns over the past year. And, according to ResearchAndMarkets, the global media & entertainment market is expected to grow at a 13%-plus CAGR between 2021 – 2026. So, both DIS and CMCSA should benefit.
While DIS has gained 52.1% over the past year, CMCSA has returned 45.2%. In terms of their past nine months’ performance, DIS is a clear winner with 40.6% returns versus CMCSA’s 29.4% gains. But which of these two stocks is a better pick now? Let’s find out.