OnlyFans — the internet platform dominated by 'sexfluencers' — isn't seeing a slowdown even as tech slumps. But it's private. Here are 3 high-growth stocks you can buy – Yahoo Finance

Posted under Cibercommunity, Technology On By James Steward

Adult entertainment platform OnlyFans seems to be outperforming the rest of the tech sector. Its number of creators and subscribers both grew in recent months, according to the company’s CEO Amrapali "Ami" Gan.
“We’re not seeing any slowdown,” Gan told Axios.
Americans are paying nearly 40% more on home insurance compared to 12 years ago — here's how to spend less on peace of mind
UBS says 61% of millionaire collectors allocate up to 30% of their overall portfolio to this exclusive asset class
'Hold onto your money': Jeff Bezos says you might want to rethink buying a 'new automobile, refrigerator, or whatever' — here are 3 better recession-proof buys
OnlyFans launched in 2016, but its popularity exploded during the pandemic, when celebrities and bored average people alike stuck in quarantine started creating their own accounts and pushing content.
But the rise of “sexfluencers,” or content creators who focus on sex and relationships, offers a fun lesson in market dynamics.
Fictional mobster Tony Soprano once said there were only two businesses that were recession-proof: adult entertainment and “our thing.” Turns out he was right. Recessions push more people into criminal activities, according to researchers at the LSE Centre for Economic Performance. They also boost demand for all forms of adult entertainment, including pornography, alcohol, gambling and tobacco.
The phenomenon is so well-understood that investors and researchers even have a term for it: “sin stocks.” Sin stocks like Anheuser-Busch (NYSE:BUD) and British American Tobacco (NYSE:BTI) outperformed the S&P 500 in 2022 by wide margins.
Meanwhile, OnlyFans seems to have avoided much of the pain spreading across the tech sector. The company announced only one minor round of layoffs in 2022, while media giants like Twitter and Netflix lost up to 50% of their workforce.
In fact, OnlyFans is profitable. Since 2020, the platform has delivered at least $500 million in net earnings to its owner, Leonid Radvinsky. Gan says the number of content creators has expanded to 3 million this year. These “sexfluencers” combine sexual content with traditional online influencer models to generate up to $900,000 a month.
Unfortunately, retail investors are missing out on this entertaining growth story as OnlyFans remains a private company. And that’s not likely to change as Gan says the team is “happy being privately held.” However, there are other ways investors can bet on the adult entertainment sector in 2023.
Read more: 4 simple ways to protect your money against white-hot inflation (without being a stock market genius)
RCI Hospitality (NASDAQ:RICK) operates over 40 strip clubs across the country. CEO Eric Langan said the company was “recession-resistant” and that "business is very, very good and we're continuing to run record revenues quarter after quarter.”
Nearly half (45%) of the company’s revenue is derived from alcohol sales, which tend to be marked up in strip clubs. Put simply, the company has pricing power in the midst of a recession and record-high inflation.
In the fourth quarter of 2022, the company reported 29.9% growth in revenue and 71.6% growth in net free cash flow. The stock is up 95.8% since July.
Gaming and Leisure Properties Inc. (NASDAQ: GLPI) is a specialized real estate investment trust that owns 57 casinos across 17 states. These casino properties are occupied by well-known brands such as Penn Entertainment, Caesars Entertainment, Boyd Gaming Corporation, Casino Queen, Bally’s and Cordish Companies.
All contracts are “triple-net” leases which puts the company in a favorable position. GLPI stock is up 8.5% over the past year.It trades at 21 times earnings per share and offers a 5.6% dividend yield.
If you’d rather not pick individual sin stocks, there’s a fund that makes it easier to bet on this phenomenon. AdvisorShares Vice ETF (NYSEARCA: VICE) has over $8.5 million in assets under management and holds sin stocks like Heineken, Monarch Casinos and MGP Ingredients.
The stock is up 6.5% over the past six months.
You could be the landlord of Walmart, Whole Foods and Kroger (and collect fat grocery store-anchored income on a quarterly basis)
Over 65% of Americans don't shop around for a better car insurance deal — and that could be costing you $500 a month
Here are 3 easy money moves to give your bank account a boost today
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
January has now been and gone and turned out to be a nice gift for investors. Battered by 2022’s bear, the tech-heavy Nasdaq, in particular, put in an excellent showing, seeing out the month ~11% into the green, in what amounted to its best start to a year since 2001. That signals the appetite for risk is on again and that will be good news for Cathie Wood, the ARK Investment CEO, whose investing style heavily favors disruptors – equities that are naturally positioned at the risky end of the sca
Shares of cardboard box maker WestRock Company (NYSE: WRK), you see, tumbled 14% through 10:30 a.m. ET Wednesday after the company reported an earnings miss and withdrew its guidance for the rest of the year. Instead of the $0.60-per-share adjusted profit and $5.1 billion in sales that Wall Street expected, this morning, WestRock admitted that its fiscal Q1 2023 earnings were only $0.55 per share and its sales $4.9 billion. As I mentioned, even the $0.55 that WestRock did earn last quarter were of the adjusted (i.e., non-GAAP, pro forma) variety.
SoFi (NASDAQ: SOFI) recently reported fourth-quarter earnings that were extremely impressive. But there's one number that I'm most excited about, and it isn't any of the headline stats. In this short video, I run down the highlights of the quarter and the most important number for investors to watch.
Yahoo Finance's Brad Smith reports that all major stock indices are in the red.
According to the average brokerage recommendation (ABR), one should invest in NIO Inc. (NIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Shares of connected-fitness company Peloton Interactive (NASDAQ: PTON) surged on Wednesday after the company announced financial results for the second quarter of fiscal 2023. As of 11 a.m. ET, Peloton stock was up 18%. Peloton CEO Barry McCarthy struck an optimistic tone, saying, "If you've been wondering whether or not Peloton can make an epic comeback, this quarter's results show the changes we're making are working."
Every investor in Baidu, Inc. ( NASDAQ:BIDU ) should be aware of the most powerful shareholder groups. The group…
Yahoo Finance Live anchors discuss third-quarter earnings for Electronic Arts.
Chubb's (CB) fourth-quarter 2022 results reflect higher catastrophe losses, which were partially offset by higher net investment income and higher premiums in the company's North America businesses.
The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. “In my whole adult life, I have never hoarded cash, waiting for better conditions,” Munger said in an interview in late 2022. “I’ve just invested in the best thing I could find.” Yet he acknowledged that Berkshire Hathaway is sitting on billions of dollars in cash. The reason isn’t that Buffett and Munger think they can wait for stocks to get even ch users have recently been watching Energy Transfer LP (ET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Want to know which stocks Warren Buffett owns? Many investors don't realize that there's another group of stocks Buffett owns in addition to the stocks listed in Berkshire's 13-F documents. New England Asset Management (NEAM) is an investment firm that's a wholly owned subsidiary of Berkshire Hathaway.
In the latest trading session, ZIM Integrated Shipping Services (ZIM) closed at $18.72, marking a +0.59% move from the previous day.
Recently, users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.
In this piece, we will take a look at the top 25 smartest companies to buy according to hedge funds. For more companies, head on over to Top 5 Smartest Companies To Buy According To Hedge Funds. Surviving in the modern day corporate world is not for the faint of heart. Business is a ruthless […]
Three plain-as-day bargains are hiding in plain sight among Berkshire Hathaway's roughly four dozen holdings.
Gautam Adani's flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller's criticisms wiped billions more off the value of the Indian tycoon's stocks. The withdrawal of the Adani Enterprises share offering marks a stunning setback for Adani, the school dropout-turned-billionaire whose fortunes rose rapidly in recent years in line with stock values of his businesses. Adani, whose global business interests span ports, airports, mining, cement and power, is battling to stabilise his companies and defend his reputation. users have recently been watching Lam Research (LRCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different billionaire privately owns 2.2 million acres, making him the largest landowner in the U.S. John Malone, the former CEO of Tele-Communications Inc., which AT&T Inc. purchased for more than $50 billion in 1999, has a
The board of Intel Corporation ( NASDAQ:INTC ) has announced that it will pay a dividend of $0.365 per share on the 1st…


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.