The post Best Broadcasting Radio Stocks by Chetan Shekar appeared first on Benzinga. Visit Benzinga to get more great content like this.
Radio broadcasting companies have dominated the airwaves and kept the masses tuned to their stations for over 100 years. Despite their massive popularity, radio stocks remain some of the best stocks under $20 to add to your portfolio.
Take a look at these radio broadcasting companies as an investor to find stellar undervalued stocks on the stock exchange.
Quick Look at the Best Broadcasting Radio Stocks:
- iHeart Media, Inc.
- Salem Media Group Inc
- Cumlus Media
- Urban One Inc.
- Cambium Networks Corp
Contents
- Quick Look at the Best Broadcasting Radio Stocks:
- Overview
- Best Online Brokers for Broadcasting – Radio Stocks
- Features to Look for in Broadcasting – Radio Stocks
- Make a Sound Investment
Overview
As an entertainment channel, radio stocks have generated revenue from ads and sponsored content. Most major cities have multiple radio stations broadcasting live, on-air programming in many formats. Millions of people tune in to radio stations every day to get their daily dose of news and music.
iHeartMedia (NASDAQ: IHRT) has more than 250 million listeners and reaches 9 out of 10 Americans every month. This makes it one of the best stocks under $10 that you can invest in to gain exposure to the radio industry.
Digital transformation has made many stations accessible to people globally through internet radio. But it has also given radio broadcasting stocks a run for their money with stiff competition for ad spots from social media companies and other online platforms.
Best Online Brokers for Broadcasting – Radio Stocks
Online brokers give you access to professional tools for fast trade execution. These platforms can help you filter thousands of companies to find and invest in radio stocks that meet your financial goals.
Claim Exclusive Offers
get started
securely through eTrade’s
website
Boasting one of the best mobile brokerage platforms on the market and a competitive fee structure, Power E*TRADE is a popular platform for options and futures trading, especially among high frequency traders. It boasts intuitive tools and beginner-friendly options for active traders and investors.
Best For
- High frequency traders who execute more than 30 options trades per quarter
- Investors who want to be able to trade via their phone or tablet
- Among the most advanced mobile apps, complete with a customizable dashboard
- Lower fees and margin rates for frequent traders
- Prebuilt portfolios, preset scans and automation tools that are great for passive investors and new investors.
- Fees are higher for less frequent traders
- Forex and international markets are not available
get started
securely through Interactive Broker Primary’s
website
Interactive Brokers is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. You can buy assets from all around the world from the comfort of your home or office with access to over 135 global markets. Options, futures, forex and fund trading are also available, and most traders won’t pay a commission on any purchase or sale.
IBKR is geared primarily toward experienced traders and investors but now with the availability of free trades with IBKR Lite, casual traders can also acclimate to IBKR’s offerings.
Best For
- Access to international markets
- Active traders
- Detailed mobile app that makes trading simple
- Wide range of available account types and tradeable assets
- IB SmartRouting provides significant price improvement vs. industry
- Fractional trading allows investing regardless of share price
- Industry’s lowest margin rates
- Earn more by lending your fuly-paid shares
- Beginner investors might prefer a broker that offers a bit more hand-holding and educational resources
Get 10 Free Shares
securely through Magnifi’s
website
Magnifi is an intelligently designed marketplace that allows investors to access data-backed information about various investment opportunities. The company combines standard brokerage tools with artificial intelligence (AI) to promote financial competence. Magnifi distinguishes itself from the crowd by offering an AI-powered search feature and an AI-powered investment assistant. Magnifi offers a technology-forward platform that aims to promote confident and capable long-term financial investments.
Best For
- Long-term investors
- Individuals interested in personalized assistance
- New investors that are eager to learn how to start investing
- Access to an AI-powered investing assistant with a Magnifi Personal account
- Commission-free investing
- Over 15,000 possible investments
- Available mobile application
- Limited methods of communication with customer service
get started
securely through CenterPoint Securities’s
website
CenterPoint Securities is ideal for active traders who demand access to advanced tools and services. While investors and casual traders are likely to be content with the basic offerings of traditional online brokerages, active traders will benefit from CenterPoint’s suite of advanced trading tools. If you value execution quality, access to short inventory, advanced trading platforms, and accessible customer service, CenterPoint is an excellent choice.
Best For
- Intermediate to Advanced traders
- High-volume traders
- Momentum traders
- Short sellers
- Unrivaled access to short inventory
- Flexible order routing for improved executions
- Discounts for active traders
- Advanced platform with fast executions
- Reliable customer service
- Not designed for beginner or low-volume traders
get started
securely through Webull’s
website
Webull, founded in 2017, is a mobile app-based brokerage that features commission-free stock and exchange-traded fund (ETF) trading. It’s regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
Webull offers active traders technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Webull’s trading platform is designed for intermediate and experienced traders, although beginning traders can also benefit.
Webull is widely considered one of the best Robinhood alternatives.
Best For
- Active traders
- Intermediate traders
- Advanced traders
- No account maintenance fees or software platform fees
- No charges to open and maintain an account
- Intuitive trading platform with technical and fundamental analysis tools
- Does not support trading in mutual funds, bonds or OTC stocks
get started
securely through TD Ameritrade’s
website
This publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients.
Best For
- Novice investors
- Retirement savers
- Day traders
- World-class trading platforms
- Detailed research reports and Education Center
- Assets ranging from stocks and ETFs to derivatives like futures and options
- Thinkorswim can be overwhelming to inexperienced traders
- Derivatives trading more costly than some competitors
- Expensive margin rates
Features to Look for in Broadcasting – Radio Stocks
- Earnings per share: You can determine a stock’s profitability by its earnings per share (EPS). The EPS of a stock is calculated by dividing the net income of a company by its total number of outstanding shares.
- Audience: Radio has one of the largest audiences of any media platform. The number of listeners regularly tuning in has a direct impact on the revenue a radio station makes. The mass appeal of radio makes it a favorite for big brands to advertise their new products and promote their events.
- Yearly revenue: Revenues of radio broadcasting companies may not be much but it is a good indicator of its performance in the market. Compare the net income of radio stocks over the years to assess its growth before you invest.
Make a Sound Investment
Radio broadcasting companies give people easy access to music and entertainment at next-to-nothing costs. That’s why millions of people can tune in to radio stations in their cars, phones and multiple platforms. Invest in radio stocks now and expose your portfolio to the expanding entertainment industry.
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What are radio broadcasting stocks?
Radio broadcasting stocks are shares of radio broadcasting companies.
Answer Link
Are radio broadcasting stocks a good investment?
Yes, radio broadcasting stocks are a good investment if you want to find good stocks at an affordable price.
Answer Link
Are radio broadcasting stocks outdated?
Radio broadcasting companies have kept up with the times by transitioning to digital broaddcasting.
Answer Link
The post Best Broadcasting Radio Stocks by Chetan Shekar appeared first on Benzinga. Visit Benzinga to get more great content like this.