3 Audio Video Stocks to Keep an Eye on Amid Industry Headwinds
SONYSony Group(SONY) ZACKS·2024-08-06 22:41

Muted consumer discretionary spending amid weak global macroeconomic conditions is a concern for the Zacks Audio Video Production industry participants. A highly-promotional environment and stiff competition from importers of comparatively low-priced devices are denting margins. Online accessibility of recording equipment and the availability of distribution channels on the Internet are additional headwinds. Nonetheless, industry participants are concentrating on the premium segment of the branded products ...