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The Meteoric Rise of WWE Stock


WWE, World Wrestling Entertainment, Inc.

An analyst recently called it among the safest plays in media now.

Released on Monday, July 16, 2018, 9:55 PM ET
by Email Russ UrbanContact SpeculatingStocks

Pittsburgh, PA (SpeculatingStocks) - World Wresting Entertainment (NYSE:WWE) stock started its climb in November of 2016 and hasn’t looked back since, climbing from the $16 level to over $79 currently. That is a pretty epic rise over the last year and a half especially for a stock many were starting to see as boring.

WWE stock is far from boring right now with an analyst recently calling it 'among the safest plays in media now'.

WWE is cozy with both Fox (NASDAQ:FOXA) and (NASDAQ:CMCSA) with new deals with both companies. It’s all about the eyes and WWE has the eyes with Ronda Rousey aboard, stealing her away from the MMA and capitalizing on her appeal better than the MMA.

The big sports and even mid-size NASCAR are no longer a sure bets. The WWE is coming back into the picture. WWE is taking away market share from competitors and as they continue to do so, their stock price will climb.

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⇒ About the Author of this News Article:

Russ Urban has been following the stock market for over 18 years and holds a Bachelor's Degree in Finance. From a young age, he watched CNBC with a keen eye and became obsessed with the market and technology. Russ Urban has written hundreds of stock articles and stock picks through the years since he founded, Inc. in 2006 and holds strong faith in the power of the markets and capitalism.

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