Netflix and Paramount Skydance Are Both Down Over 20%. Here's the 1 to Buy With $500 and Never Look at Again.

Key Points Netflix is down 24% this year, despite receiving a substantial termination fee for losing out on Warner Bros. Discovery. Paramount Skydance is down 26% this year, despite clearing most of the regulatory hurdles to closing on its blockbuster acquisition. With Netflix trading for less than 20 times forward earnings, it's a rare opportunity to pick up a premium market leader at a discount. 10 stocks we like better than Netflix › Content may still be king, but the two players in the recent real-life game of thrones aren't doing so well. Netflix (NASDAQ: NFLX) initially succeeded in striking a buyout deal for Warner Bros. Discovery (NASDAQ: WBD) late last year, only to see Paramount Skydance (NASDAQ: PSKY) wrestle it away earlier this year.