What Is the Hulu Stock Symbol?

There isn't a Hulu stock symbol yet, but things are changing for the company. That means an IPO could be coming soon.

But we can show you how to profit from the online streaming market right now...

Hulu had considered an IPO in 2010, but Wall Street questioned the company's business model, according to Fortune. They were right to do so, as Hulu originally allowed users to watch shows for free and only generated money through ads.

To avoid a potentially disastrous IPO, Hulu decided to stay private.

What Is the Hulu Stock SymbolHowever, a lot has changed since then...

Hulu now has an all-subscription model, which starts at $7.99 per month. For $39.99 a month, users can access Hulu's streaming library and live television.

The new business model has been a massive windfall for the streaming service...

In 2010, Hulu brought in just $265 million in revenue.

Thanks to its new model, revenue climbed a staggering 805% to $2.4 billion in 2017, according to Stastia.com.

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Unfortunately, you still can't invest in Hulu, because it's a private company.

However, through extensive research, we uncovered an investment opportunity that will allow you to profit from companies that provide streaming services and the tech to power them.

The stock price of the investment we're about to mention climbed 40.12% in the last 12 months. In comparison, the Dow Jones Industrial Average has only climbed 17.82%.

And because of the profitable niche this investment is focused on, there could be even more market-beating gains on the way...

This Is Better Than Owning Hulu Stock

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If you want to profit from growth in streaming video companies like Hulu without breaking the bank, our top recommended investment is First Trust DJ Internet Index Fund (NYSE Arca: FDN).

This is an exchange-traded fund (ETF) that only holds companies that generate 50% of their revenue from Internet services.

In addition, eligible holdings must also have:

  • A minimum market capitalization of $100 million
  • If not currently in the ETF, a minimum, average three-month closing price of $10
  • Sufficient trading activity to satisfy liquidity tests

The ETF's managers review its composition quarterly and make adjustments to holdings in March, June, September, and December.

FDN's chief benefit is its diversification. The variety of Internet-based stocks the fund holds will lower investment risk while providing a cheaper way to invest in some of the industry's more expensive stocks.

In fact, two of the top companies the ETF holds are Amazon.com Inc. (Nasdaq: AMZN) (9.75%) and Facebook Inc. (Nasdaq: FB).

Other top companies include Alphabet Inc. (Nasdaq: GOOG) and Salesforce.com Inc. (NYSE: CRM).

Shares of FDN are now trading at $132.33, and the fund is up 18.90% year to date.

However, with the immense growth potential in the streaming market, this ETF has nowhere to go but up.

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