Coronavirus Lockdown Could Boost Streaming Video Demand by 60%: 3 Stocks to Buy
Schools are closing, businesses are shuttering, and governments far and near are advising people to stay at home. While some consumers are still able to practice social distancing, a growing number are being asked to quarantine themselves, shelter in place, or are being placed on lockdown as the result of the SARS-CoV-2 virus that causes the COVID-19 coronavirus illness.
There's been anecdotal data that suggests viewership on streaming sites has been rising as the result of stay-at-home and work-from-home trends. Now a study released by television ratings specialist Nielsen uses previous data to extrapolate that streaming video consumption could see a much greater jump in demand during the lockdown than many are anticipating -- and several stocks could be huge beneficiaries as a result.
Source Fool.com