Madison Square Garden Spun-Off Its Sport And Entertainment Businesses. Here’s Why Both Stocks Are Undervalued, Investors Say

of MSG Entertainment , and renamed itself MSG Sports . Investors say that the spinoff has created a big opportunity.

“Long-term, these are great stocks with enormous value,” says Jim Osman, CEO of The Edge Consulting Group, who doesn’t own direct stakes in either stock. At current market prices, he says MSGS is trading at about a 30% discount to its net asset-based valuation, while MSGE is trading at a nearly 50% discount.

Analysts say the venue is a smart play on e-sports that could be profitable for both entities; the Sphere is expected to capitalize on this growing trend of virtual entertainment—where spectators pay to watch live video game events remotely.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures flat following two days of gainsStocks are coming off of two days of gains. We hv the entire evening
Source: CNBC - 🏆 12. / 72 Read more »

4 Different Ways to Think About Investment RiskMore than ever, investors want to account for stock-market dangers. But what’s the right metric to evaluate? ALL MUTUAL FUNDS TO FUNDS TO INVEST IN DELIVERY BASED SHARE MARKET THAN SPECULATIVE SHARE MARKET TO REDUCE RISK OF GIANS, PRINCIPAL INVESTMENTS. DECISIONS TAKEN BY MUTUAL FUNDS MANAGEMENT MAY NOT BE FOR THE BENEFIT OF INVESTORS. ENSURE SAFETY, INCOME, LIQUIDITY TO INVESTORS.
Source: WSJ - 🏆 98. / 63 Read more »