WWE

WWE stock will rise considerably in near future

Published Add your comment

Football News
24/7

WWE stock is expected to rise by 50% in the near future according to some well placed observers of the stock market. 

The wrestling organization has made some key decisions this year to take the entertainment business to the next level, with them starting to play with the big boys of sport. 

One of those decisions was to open up their own 24/7 coverage of the entertainment sport, which after a slow start has picked up considerably. 

The day after WrestleMania, the WWE's stock plummeted somewhat after they only secured 667,287 from initial subscription figures. 

Investors had been expecting the organization to boast figures of over one million for the organization's new subscription service, and the reaction to the news saw the stock plummet.

Mike Ozanian of Forbes explains that Laura Martin is one of the best brains in the investment world, and according to Ozanian, Martin is getting behind the WWE as of this moment. 

"Laura Martin is among the sharpest media analysts I know. She told me two years ago it was time to buy shares of Facebook when its stock was trading at $32," Ozanian explained

"Facebook now goes for almost $60 and has handily outperformed both the Nasdaq and S&P 500 since Martin’s recommendation.

"Martin now likes WWE (full report click here) with a price target of $30 over the next year, 50% above its current valuation."

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
Wrestlemania
WWE
SmackDown
Raw

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author

DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport - WWE Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again