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Madison Square Garden Entertainment Corp. (NYSE: MSGE)

a leading player in the live entertainment industry, known for its iconic venues and diverse event offerings

The company’s portfolio includes a collection of world-renowned venues – New York’s Madison Square Garden, Infosys Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre. These showcase a broad array of sporting events (New York Rangers and Knicks), concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for more than 90 years.

MSGE stock has nearly doubled since it was recommended and sits near a 52-week high. The live-entertainment business is humming, and the stock is up about 35% year-to-date. The return since my recommendation is about 98%.

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MSGE was first recommended here on August 13, 2024