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If You Can Only Buy 1 Stock for March Madness, This May Be the Best Pick


Published on 2025-03-24 13:41:58 - Barchart
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  • Robinhood Markets (HOOD) has been on a remarkable run, delivering a staggering return of 258% over the past three years. One of the major reasons behind this success story is its remarkable financial turnaround.

The article from MSN Money discusses the potential investment opportunities related to the NCAA March Madness basketball tournament. It highlights that while many might think of investing in companies like Nike or Under Armour due to their association with college sports, the best stock pick for the event might actually be Warner Bros. Discovery (WBD). This recommendation is based on the fact that Warner Bros. Discovery owns the broadcasting rights to the tournament through its networks like CBS and TNT. The article explains that the tournament drives significant viewership, which in turn boosts advertising revenue for WBD. It also notes that despite a challenging year for WBD, the stock could benefit from the increased ad sales and visibility during March Madness. The piece suggests that while there are other companies that could see a lift from the event, WBD's direct involvement in broadcasting makes it a particularly strong candidate for investment during this period.

Read the Full Barchart Article at:
[ https://www.msn.com/en-us/money/markets/if-you-can-only-buy-1-stock-for-march-madness-this-may-be-the-best-pick/ar-AA1Bz3bQ ]