‘Buy the Verdict’: Josh Brown Shares Why He’s All in on Live Nation, and Two Other Stocks He Likes

Why It Matters

Brown’s endorsement could sway retail and institutional investors, supporting Live Nation’s valuation despite regulatory scrutiny, while his picks in energy and e‑commerce signal confidence in sectors poised for earnings upside.

Key Takeaways

• Live Nation up 28% YTD, recovers after antitrust verdict
• Brown urges “buy the verdict” strategy, citing Apple, Alphabet cases
• Exxon Mobil remains long as oil price spikes boost margins
• eBay shows breakout pattern near $100, volume confirms momentum

Pulse Analysis

The recent antitrust verdict against Live Nation has reignited debate over the concert‑ticketing giant’s market power, but investors like Josh Brown see it as a buying opportunity. Brown points to the 28% year‑to‑date rally and the stock’s quick bounce after a short‑term dip, arguing that legal rulings often create temporary price dislocations. He draws parallels to the Apple and Alphabet cases, where sellers who exited on bad news missed substantial upside, suggesting that staying the course can reward patience in high‑profile litigation scenarios.

In the energy arena, Brown remains bullish on Exxon Mobil, citing Barclays’ overweight rating and the company’s resilience to oil‑price volatility. He explains that higher crude prices lift refinery margins—what traders call “crack spreads”—without immediately translating to lower pump prices for consumers. This dynamic, coupled with Exxon’s extensive upstream and downstream assets, gives the firm a runway to generate strong cash flow even as geopolitical factors swing oil markets. Brown’s view aligns with a broader investor sentiment that energy majors can outperform when commodity cycles turn favorable.

Turning to e‑commerce, Brown identifies a breakout pattern in eBay shares as the stock consolidates above the $100 threshold. Volume‑driven momentum, he notes, validates the technical signal and positions eBay for a potential upside swing. The broader e‑commerce landscape is still adjusting to post‑pandemic consumer habits, and platforms that can capture niche auction and resale markets may benefit from differentiated traffic. Brown’s willingness to stay long until the breakout is confirmed reflects a disciplined, data‑driven approach that blends fundamental confidence with chart‑based timing.