Up 48% This Year, Is Now the Time to Buy fuboTV Stock?

Just because a stock is down doesn't make it a buy. A stock that has fallen by 90% has the same downside risk as one at all-time highs: losing all of your money. Conversely, just because a stock has crushed the market for a short while does not mean it is destined to rise forever. All that matters in the long run is growth in earnings per share (EPS) and the price you pay relative to that EPS.

Investors have gotten excited about fuboTV (NYSE: FUBO) in recent months, sending shares of the stock up 48% year to date. However, the company is plagued by huge cash burn, abysmal gross margins, and a history of major shareholder dilution. Here are a few reasons why fuboTV stock is a must-avoid for investors right now.

FuboTV offers consumers a chance to buy the cable package without going through the cable company. It is known in the industry as a virtual cable provider, so all you need is an internet connection to access dozens of popular channels from the traditional cable bundle. 

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Source Fool.com