3 Stocks That Gain from the World Cup
Let’s look at three companies that you can buy to gain exposure to the 2022 World Cup.
avatar
Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.
2022-11-19 11:30

How Can I Invest in the World Cup?
In just a few days the 2022 World Cup of soccer will begin in the Middle Eastern country of Qatar. While the tournament does not get as much coverage in the United States, it is the single largest sporting event in the world. The viewership dwarfs that of the Super Bowl and the Olympics, and this year’s event is expected to be watched by more than 5 billion people. With so many eyes on the World Cup, it stands to reason that the tournament will have its fair share of high-profile corporate sponsors. Let’s look at three companies that you can buy to gain exposure to the 2022 World Cup.
3 Stocks That Gain from the World Cup
Coca-Cola (NYSE: KO)
Coca-Cola is one of the most valuable brands in the world and always seems to be associated with major events. It is estimated that Coca-Cola spent more than $400 million on advertising for the World Cup. Another major boost for the beverage maker? Qatar has some pretty strict restrictions on alcohol as a part of its Muslim laws and customs. This means that for the millions of tourists that visit the country for the World Cup, a lot of them will end up drinking Coca-Cola rather than beer or wine. As if you needed another reason to add Coca-Cola to your portfolio, the company should see a major sales boost from its association with the World Cup.

Visa (NYSE: V)
Visa is another corporate sponsor of the World Cup and is a regular sponsor of FIFA itself. The credit card issuer is already one of the most recognizable brands in the world so any added exposure will only benefit the company and the stock. Whenever a major event like the World Cup takes place, it adds a surge in consumer spending. With millions of tourists flocking to Qatar this year, there will be plenty of Visa cards being swiped at stores and hotels. Visa has a great dividend and has mostly weathered the bear market this year. It is a strong blue-chip stock that is a foundational piece to any diversified portfolio.

Airbnb (NASDAQ: ABNB)
Airbnb is not a sponsor for the World Cup, but it is certainly seeing a surge in business already. There have been reports out of Qatar that Airbnb rentals are already through the roof when it comes to prices. Qatar is the world’s third wealthiest country so while they have plenty of five-star resorts, there also needs to be accommodations for tourists who are not millionaires. Any boost in Airbnb’s prices will help the company’s bottom line as well as bring in higher revenues for its hosts. Airbnb needs to establish itself as the leading accommodations company for these global events. It hasn’t been the best year for Airbnb investors as the stock is down by 43% in 2022. But a strong fourth quarter from Qatar revenue could help boost the stock heading into 2023.


Disclaimer: I have no positions in any of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. All information should be independently verified and should not be relied upon for purposes of transacting securities or other investments. See terms for more info.

Rate this article

positive
negative
Published On
2022-11-19 11:30

avatar
About the Author
Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.


buy-coffee
You've read 1 article in the last year
..thank you for supporting us and for visiting our site. Unlike many other sites, The Dog of Wall Street is available for everyone to read. Our focus is to provide great content for free. Do you like what we are doing? Buy us a cup coffee. It is the fuel that keeps us going..

2 Earnings To Pay Attention to Next Week
Since big tech is the theme, you probably know what I have my eyes on for next week.
By Mike Sakuraba | 2 months ago

2 Stocks to Watch Below $10
Here are two stocks that are currently less trading in the single digits that I believe have some relative upside from their current prices.
By Mike Sakuraba | 2 months ago

2 Stocks to Load Up On During This Correction
Another volatile week for markets and investors are starting to feel a little uncomfortable.
By Mike Sakuraba | 3 months ago

Should We Buy This Dip in NVDA and Semis?
On Friday, the semiconductor industry finally saw its bubble burst. Many have been calling for a reset in prices on semiconductor stocks and we definitely got one.
By Mike Sakuraba | 3 months ago

Looking Ahead to Tesla's Earnings: What Can We Expect?
Is there any stock that has been more talked about than Tesla (NASDAQ: TSLA) as of late? It’s a company that is always in the spotlight but the stock is under some heavy scrutiny this year and deservedly so.
By Mike Sakuraba | 3 months ago

2 Earnings to Watch for Next Week
This article is merely meant to talk about two companies that I’ll have my eyes on for earnings.
By Mike Sakuraba | 3 months ago

2 Stocks That Could Explode in Q2
Here are two stocks that I think could explode in the second quarter.
By Mike Sakuraba | 3 months ago

2 Trillion Dollar Companies in the Making
One thing for certain about these two companies is that I see the potential in how they can grow.
By Mike Sakuraba | 3 months ago