All seven of these music stocks have weathered the Covid-19 storm in 2020
December is always a musical time of year as Americans everywhere celebrate the holidays. Even though this year’s festivities will be a lot more subdued due to Covid-19, there will still be plenty of music playing in people’s homes, and that’s got me thinking of music stocks to buy.
It’s not often I get to write about music stocks to buy. That’s because it’s not really an area of focus for most investors. When it comes to festivities and celebrating, investors are more likely to dwell on food and beverage stocks.
Think about it. How often do you see headlines like the one above? You’re more likely to see headlines such as “7 Organic Food Stocks for Healthy Portfolios” from my InvestorPlace colleague, Josh Enomoto.
For whatever reason, music stocks don’t strike a chord (bad pun) with investors.
Well, for those of you that are musically inclined, it’s important to know that since 2014, the global music recording industry had grown from $14 billion to $20 billion in 2019, an indication that music stocks ought to be back in vogue.