April 2, 2024


The Top Sports Stocks to Buy for 2024

The world of sports has a unique power to captivate audiences, inspire passion, and drive economic growth. After a pandemic-induced slowdown, the industry is experiencing a powerful resurgence, creating exciting opportunities for investors. Here's a closer look at the top sports stocks to keep on your radar in 2024:

1. Manchester United (MANU)

Dynamic Stock Chart for TICKER MANU

Manchester United is one of the most recognizable names in global sports. This legendary football club boasts a massive worldwide following and a rich history of success. While the pandemic temporarily impacted its performance, the return of fans to stadiums and the continued expansion of its commercial ventures could fuel a significant stock rebound.

2. Nike (NKE)

Dynamic Stock Chart for TICKER NKE

Nike is a dominant force in the athletic apparel and equipment market. As sports participation increases at all levels, the demand for Nike's products is poised to surge. The company's strong brand, commitment to innovation, and global reach make it a compelling long-term investment.

The New Digital America: How to Profit from the Historic Shift

Texas Oil Stock

A strange new day is coming to America in 2024. The way we shop, travel, communicate, and do business is being reshaped by emerging technologies like AI, blockchain, and cloud computing.

This digital transformation, accelerated by the pandemic, is creating an entire new class of wealth-building opportunities. Stocks that could soar 100% to 500% or more by taking advantage of this "New Digital America."

Legendary Wall Street analyst Marc Chaikin has developed a powerful system to pinpoint these future money-making stocks before the big money piles in. His proprietary "Power Gauge" uses 20 market factors to predict which under-the-radar stocks will be rated a BUY by Wall Street in the months ahead.

Don't miss your chance to get ahead of this massive wealth shift. Follow Marc's #1 stock pick for the New Digital America before it's too late.

3. MSG Networks (MSGN)

Dynamic Stock Chart for TICKER MSGN

MSG Networks owns and operates regional sports networks, providing live game broadcasts and a variety of sports-related content. The return of live sports directly benefits MSG Networks, driving viewership and potential advertising revenue. The company's recent push into streaming could expand its audience and solidify its position in a changing media landscape.

4. World Wrestling Entertainment (WWE)

Dynamic Stock Chart for TICKER WWE

WWE is a global sports entertainment powerhouse with a fiercely loyal fanbase. The company proved its resilience during the pandemic by pivoting its programming and continuing to deliver content. WWE's diverse portfolio, which spans toys, film, and even real estate, provides some stability and potential for growth beyond its core wrestling events.

5. DraftKings (DKNG)

Dynamic Stock Chart for TICKER DKNG

DraftKings is a major player in the rapidly expanding world of fantasy sports and sports betting. As live sports resume, DraftKings stands to benefit from increased contests, wagering activity, and overall engagement. Its partnerships with major sports leagues further solidify its position within the industry and offer significant growth potential.

6. Penn National Gaming (PENN)

Dynamic Stock Chart for TICKER PENN

Penn National Gaming operates casinos and racetracks, with a growing stake in the sports betting market through its partnership with Barstool Sports. This positions the company to capitalize on the intersection of traditional gaming and the legalization of sports betting across the US, making it a stock with exciting potential.

7. Churchill Downs (CHDN)

Dynamic Stock Chart for TICKER CHDN

Churchill Downs is synonymous with horse racing, most famously as the home of the Kentucky Derby. This company offers a distinctive niche within the sports industry, with potential growth tied to both live events and the expansion of online wagering. Its historical significance and strong brand recognition add to its appeal for investors.

Important Considerations

  • Investing in sports stocks carries inherent risks. Seasonality, competitive landscapes, and regulatory changes can influence stock prices.
  • Thorough research is crucial. Delve into each company's financials, recent developments, and industry trends before making investment decisions.


The sports industry is brimming with potential. These top stocks offer diverse ways to capitalize on its growth. Start exploring these companies in more depth, and you might just score a winning investment!

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

About the author 

Jenna Lofton, an expert in stock trading, investing, and financial planning, combines over a decade of experience with rigorous academic training. Holding dual MBAs in Finance and Business Administration from the University of Maryland, Jenna's expertise is grounded in a deep understanding of the financial markets. Her career, which started on Wall Street, has evolved into empowering others through her insights and analyses in the dynamic world of finance.

Based in New York City, Jenna's approach is informed by her hands-on experience as a former financial advisor and her keen observation of market trends. She is known for translating complex financial concepts into actionable strategies, making her a valuable resource for both seasoned investors and newcomers to the stock market. Her commitment to financial literacy and her ability to demystify investment principles have made her a respected and authoritative voice in the investment community.

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