Live Nation’s virtual monopoly makes it a winner, this fund manager says

Sep 12 20:09 2019 Print This Article

Music fans may begrudge the name but investors are making out like bandits with Live Nation Entertainment (Live Nation Entertainment Stock Quote, Chart, News NYSE:LYV), whose share price has doubled over the past two years. No wonder, says Scotia Wealth’s Stan Wong, who likes Live Nation for its stranglehold on the concert industry. “It’s not […]

The post Live Nation’s virtual monopoly makes it a winner, this fund manager says appeared first on Cantech Letter.

Read More

About Article Author

Cantech Letter

Founded in 2008 by Nick Waddell, Cantech Letter is an online magazine focusing on Canadian technology. The site has grown into one of the most popular and respected financial sites in Canada, and was described by Canadian Business Magazine as “one of Canada’s premier technology newsletters”. Waddell, who is Senior Editor, is routinely called on by the mainstream media for perspective on Canadian technology, and has been featured on BNN, CTV News Channel, and the CBC program “The Lang and O’Leary Exchange” in addition to mainstream print media such as The Guardian, The International Business Times, The Globe and Mail, Macleans, The Waterloo Record , Canadian Business, Slate, and Business Insider. You can email Nick at nick@cantechletter.com Cantech Letter is focused on those companies listed on the TSX and TSXV Technology, Cleantech and Life Sciences Sectors. Each year we present the Cantech Letter Awards, which honor Canada’s Top Technology Stock and Top Technology Stock Executive.

Related Items

Shaw Communications is a good bet right now, this investor says

Shaw Communications (Shaw Communications Stock Quote, Chart, News TSX:SJR.B) hasn’t seen much movement over the past three months, but investors looking for a nice defensive play during these uncertain times could do a lot worse than this stock, says portfolio manager Stephen Takacsy of Lester As ...

How B2B Companies Can Stand Out As Different

Everyone wants to be different. But it ain’t easy. It’s easy to be like and act everyone else. It’s easy to blend into the crowd or run with the herd, thereby avoiding the spotlight for being different. But “sameness” for B2B brands is dangerous. It is difficult to identify what makes yo ...

CalPERS' $80 Billion Leverage Plan?

John Plender and Peter Smith of the Financial Times report that CalPERS aims to juice returns via $80bn leverage plan:Calpers is to move deeper into private equity and private debt by adopting a bold leverage strategy that the $395bn Californian public sector pension fund believes will help it ach ...

The Easiest Game You'll Ever Play?

Fred Imbert and Eustance Huang of CNBC report the Dow rises more than 400 points, but Wall Street clinches biggest weekly loss since March:Stocks rose on Friday in volatile trading as traders tried to regain some of the sharp losses from the previous session. The major averages, however, clinched ...

OMERS 2020 Webcast Annual Meeting

On April 8, OMERS hosted its 2020 Annual Meeting, held entirely through webcast. Over 600 members logged in to watch, which was by far the largest virtual audience we’ve ever had. The Chair of the OAC Board, George Cooke was the Master of Ceremonies and he welcomed the following presenters: Bla ...

Episode 5: Remote Work Is Having Its Fifteen Minutes – Or Will it Be a Lot Longer?

  Remote work is having a minute, or rather a series of them.  Some companies have used it for years, some have been adamantly against it, but both kinds are being forced into it at the moment. As the pandemic forces millions to figure out some kind of home office set up (the kitchen table works ...

Episode 1: Will the Pandemic Permanently Change the Arts Sector?

As a society, we tend to both love and hate our arts sector. Love them, because we do value the contributions that music and visual arts and theater and film make to our lives particularly now. In the midst of this pandemic, how many lives have been brightened, even if for a minute, by watching And ...

April 3, 2020

Wow, no illustrations today! I can remember the halcyon days of my youth when that was normal! The US jobs number recorded a big whoopsy today: The longest stretch of job creation in American history came to a halt last month, the Labor Department reported Friday, another reflection of the coronavi ...

March 2020 Pricing Commentary

The month of March was challenging for global financial markets as investors assessed the spread of COVID-19 and the wide-ranging economic impact of social distancing and self-isolation. Additionally, an unexpected Saudi Arabian – Russian energy price war sent the price of crude oil tumbling to a ...

Disney is a buy right now, Scotia’s Newman says

Entertainment giant Disney (Disney Stock Quote, Chart, News NYSE:DIS) has seen its share of heartbreak in recent weeks which has erased all those good-time gains over the past 12 months. But the company is sound and the stock is trading at attractive levels, says Greg Newman of Scotia Wealth. “Th ...