Investors eye both media sector profitability and macroeconomic cues. The industry is rapidly evolving thanks to technological advancements, changing consumer preferences, and global connectivity. The internet and mobile devices continue to make entertainment more accessible around the world. These factors ensure continued growth within the industry. Before you invest in Paramount Global (PARA), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy. Volume analysis indicates accumulation phase, with 50-day moving average trending upward. Sector analysts suggest that strategic content investments will support EBITDA margin expansion, likely driving share value toward $14 by late summer.
