LYV will go UP
$50.00 on 4/14/09
$7.37 (-41.27% from time of market call)
Although this stock has been lying low the last few weeks and remaining stable at around $13, it has a ton of potential in the near future. In the last two weeks alone, it has signed contracts with Jay-Z ($150 million deal)and U2, two dominant forces in rap and rock. In addition, last year Madonna signed a $120 million deal.
The company has an audience of over 60 million people and has produced over 30,000 events in the last three years. Very shortly, Live Nation is going to be a force to be reckoned with.