Is Live Nation Entertainment, Inc. (LYV) the Top Stock to Buy According to Jericho Capital Asset Management?
Saturday, Mar 29, 2025 6:04 pm ET
Listen up, folks! We're diving into the world of live entertainment and tech, and there's one stock that's got everyone talking: live nation entertainment, Inc. (LYV). Jericho Capital Asset Management, the hedge fund powerhouse, has been making waves with its impressive performance, and lyv is right at the heart of it. Let's break it down and see if this is the top stock to buy right now!

First things first, let's talk about Jericho Capital. This firm, founded by Josh Resnick in 2009, is all about tech, media, and entertainment. They've got a knack for spotting market inefficiencies and capitalizing on both undervalued and overvalued securities. Their long/short equity strategy has been a game-changer, and they've been killing it this year with a 22.3% gain so far. That's right, folks—22.3%! This is the kind of performance that gets your attention.
Now, let's talk about live nation Entertainment. This company is the king of live entertainment, with Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship under its belt. They're all about promoting, operating, and managing ticket sales for live events worldwide. And guess what? They're crushing it!
LYV Interval Closing Price
Name |
---|
Date |
Interval Closing Price(USD) |
Live NationLYV |
20220329-20250328 |
125.03 |
Live Nation's stock has gained 21.8% in the trailing 12 months, compared to the Zacks Consumer Discretionary sector’s return of 3.7% and the Zacks Film and Television Production and Distribution industry’s appreciation of 18.3%. That's some serious outperformance right there! Ticketmaster’s transacted ticketing volume for 2025 shows is up 3% year over year to 106 million, with concerts driving most of the growth. Live Nation has sold 65 million tickets for concerts in 2025, up double digits, fueled by stadium and international events. They've added three major venues in 2024 and plan to add 20 more by 2026. This is a company on the move, folks!
But it's not just about the numbers. Live Nation has strong pricing power, evidenced by premium offerings like VIP tickets. They've got sponsorship revenues growing significantly, up 9% year over year in 2024. They've secured 75% of 2025 sponsorship commitments, up double digits. This is a company that knows how to maximize its revenue opportunities.
So, why is Live Nation Entertainment, Inc. (LYV) the top stock to buy according to Jericho Capital Asset Management? Because it aligns perfectly with their investment strategy. Jericho Capital focuses on tech, media, and entertainment, and Live Nation is right in the sweet spot. The company's strategic expansion, strong financial performance, and robust demand for live events make it a no-brainer for investors looking to capitalize on the growth in experiential entertainment spending.
Don't miss out on this opportunity, folks! Live Nation Entertainment, Inc. (LYV) is the top stock to buy right now. Jericho Capital Asset Management knows what they're doing, and if they're betting big on LYV, you should too. This is a stock that's on fire, and it's only going to get hotter. So, do yourself a favor and get in on the action before it's too late!
Ask Aime: Why is Live Nation Entertainment, Inc. (LYV) the top stock to buy right now?