1 Growth Stock Down 97% to Buy Right Now

It's not difficult to understand why shares of streaming television name fuboTV (NYSE: FUBO) have been upended since peaking in late 2020. The COVID-19 pandemic essentially trapped millions of people at home, giving them time and reason to shop around for cost-effective entertainment. Investors responded, only recognizing after the fact that this company still faces enormous challenges ... including the cord-cutting headwind that's blowing against more traditional cable players like Comcast's Xfinity and Charter's Spectrum.There's a handful of overlooked nuances, however, that make this ticker a speculative buy in the shadow of a major, multiyear pullback.Don't misread the message. fuboTV isn't a great fit for everyone's portfolio at this time. The stock is trading down about 97% from its all-time high reached not long after it IPO'd in October 2020. It's probably not even safe enough for most people's portfolios. If you're a speculator who can stomach the risk though, there's a bullish case to be made.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool