The AFL and NRL finals are really soon. These sports have been around for a long time but how we watch them is changing.
Here are a few ways we can profit from those trends:
Telstra Corporation Ltd (ASX: TLS)
We are much more likely to watch sport on a device on the go and perhaps out of the house.
Telstra is the clear market-leader of mobile in Australia, so viewers are more likely than not to be watching on a Telstra-powered device. Viewers could be paying for the data and the device through Telstra.
The mobile giant actually has an agreement with the NRL to show its games online, giving Telstra even more ways to profit from showing games.
The low share price and high dividend yield makes Telstra an interesting investment idea. Telstra is currently trading at 10x FY18's estimated earnings.
Domino's Pizza Enterprises Ltd (ASX: DMP)
Domino's has led the pack on how many different ways you can order a pizza.
Technology now allows sports viewers to order a huge feast from their couch without even having to mute the game.
Domino's could do well from here as it grows its number of outlets and profit margins.
It's currently trading at 29x FY18's estimated earnings.
TV manufacturers would have you believe that the bigger and newer your TV is the more you will enjoy the game.
Kogan is Australia's fast-growing online retailer that can offer discounted prices thanks to the power of internet shopping.
The share price has rocketed upwards in this financial year thanks to strong sales growth.
Foolish takeaway
The way we watch sport is changing and it can be profitable if you can find the right investment. At the current prices all three could be long-term winners, but I'd choose Domino's if I had to pick one due to its international growth potential.
