GNUS Stock – More Revenues and Streaming Content Should Lift Genius Brands Stock
Streaming entertainment provider Genius Brands (NASDAQ:GNUS) is known for its broad selection of family-friendly content. This might not sound too exciting for grown-ups, but traders should know that GNUS stock is anything but boring.
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As we’ll see, this stock is capable of spiking without prior warning. On the other hand, if your timing is off, you could end up buying it near the top.
And so, as with any pick of the penny stocks — defined by the U.S. Securities and Exchange Commission (SEC) as a stock that trades under $5 per share — you have to be careful with GNUS stock.
Yet, a moderately sized position could be warranted as Genius expands its pipeline of content for kids — and demonstrates its ability to generate strong revenues.