Live Nation's Record Demand 🎤

Early Bird Prime for October 27, 2024

Live Nation Entertainment has been the rock star of the stock market in 2024, leaving its investors dancing in the aisles. It is up 26.70% this year.

Live Nation's stock has been up 25% since September 6. It recently reached its 52-week high.

But just like a concert that sells out in seconds, you have to wonder: is there any room left for growth, or are we all just standing outside the venue hoping for a miracle?

Last week, an analyst from JPMorgan decided to play the role of hype man, raising the firm's price target on the stock to $137 from $118. The analyst praised the company's development of venues it either owns or operates. But can it keep hitting those high notes, or is it about to go off-key?

Of course, every rock star has its challenges, and Live Nation is no exception. The Department of Justice is threatening to force Live Nation to sell Ticketmaster.

While the company insists that concerts are still going strong, there are whispers of discontent among fans. Some are frustrated with Live Nation.

So, should you invest in Live Nation now in 2024, or should you avoid the stock? Well, here’s the answer:

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