This Stock has 10x potential

 Hi all,


I shared the  FUBOTV ($FUBO) Q2 earnings in the post below, and their earnings were exceptional. Refer to the link below:

https://engineerfinancialblog.blogspot.com/2021/08/2-stocks-that-shown-tremendous-growth.html

Just a disclaimer: I am invested in $fubo at an average price of USD$24.40. 

I am not a financial expert. Please do your own due diligence before investing into any company.

Here is why I believe that the final 2 Quarters and 2022 will be a great year for FUBO and the performance of the company. 


1. Comeback of Livesports

With the reopening of economies, Live sports have resumed and this can be a catalyst for new subscriber growth. Based on Apptopia, there looks to be good growth in terms of the monthly app download growth and bids well for the upcoming earnings report. Upcoming and ongoing Major Sports events: NFL, Winter and Summer Olympics and World Cup qualifying tournaments. 

















2. Launch of Sportsbook

As FUBO fans would have known, the company is on track to be launching its Fubosports book by Q4 of this year and this can be a huge revenue driver for the next few quarters to come. I believe that analysts will revise their price targets on FUBO once the Sportsbook can take off. 

Fubo Gaming has already announced a partnership with Paysafe in the U.S. for full suite payment solutions for its online gambling solution (including Deposits, Payouts and Transactions). This increases my conviction that the preparatory works have been done and the Sportsbook is on track to be announced soon. 

FUBO has also been granted licenses to launch the Sportsbook in states like Iowa and Arizona, and is on track to gain licenses in other states. 



3. Multiple Partnerships announced

FUBO has also not been resting on its laurels and is quick to announce multiple partnerships with New York Jets, Cleveland Cavaliers and also NASCAR. This partnerships can only increase the awareness of FUBO as a company and can serve as a funnel to channel more subscribers/ future sports betters to its platform. 


In conclusion, even though I am positive on Fubotv for the remainder of 2021 and 2022, I will still need to monitor the stock closely (in terms of Monthly Active User Growth and Average Revenue per user)  as it is still considered a speculative stock (compared to FAAMG stocks). 



To all the readers : Thank you for the support, and please let me know what is the financial content that you are interested in, I will share more. You can email me at jjfinancialblog@gmail.com. 


Thank you for the few readers that signed up with my Moomoo and Tiger Broker links, your support is very much appreciated. 

Hope the above information is useful for the readers, if you find them useful and if you have not yet signed up with Moomoo or Tiger Broker, please use my referral link to sign up for them. These promotions given by these brokers are for a limited time only and I would appreciate the support given to me. 



1. MOOMOO

https://j.moomoo.com/005XGg



2. TIGER BROKER

https://www.tigerbrokers.com.sg/activity/forapp/invitflow-intl/signup.html?template=invite202011&lang=en_US&invite=H5XD7L&share=WhatsAPP


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