ICON vs Fox Which Should You Buy?
ICON (ICX) and Fox Corporation (FOXA) are two stocks that have been gaining attention in the investment world. ICON is a blockchain-based platform that aims to connect various networks through its unique technology, while Fox Corporation is a media conglomerate that operates a range of media properties including Fox News and Fox Sports. Both companies have shown strong performance in recent years, but each offers different opportunities for investors looking to diversify their portfolio. In this article, we will explore the key differences between ICON and Fox stocks to help you make an informed investment decision.
ICON or Fox?
When comparing ICON and Fox, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ICON and Fox.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
ICON has a dividend yield of -%, while Fox has a dividend yield of 1.14%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Fox reports a 5-year dividend growth of 0.00% year and a payout ratio of 14.42%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ICON P/E ratio at 23.92 and Fox's P/E ratio at 11.13. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ICON P/B ratio is 1.83 while Fox's P/B ratio is 1.90.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ICON has seen a 5-year revenue growth of 1.06%, while Fox's is 0.72%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ICON's ROE at 7.87% and Fox's ROE at 17.95%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $213.72 for ICON and $43.61 for Fox. Over the past year, ICON's prices ranged from $183.38 to $347.72, with a yearly change of 89.62%. Fox's prices fluctuated between $25.82 and $44.89, with a yearly change of 73.89%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.