Warner Bros Discovery stock holds a spot on Schaeffer's Senior Quantitative Analyst Rocky White list of the 25 best SPX stocks to own next month. Per White's data, WBD averaged a 10.8% return in January -- the best average return on the list -- and finished the month higher in seven of the last 10 years.

Warner Bros. Discovery stock has surged 30% recently, but it's imperative to consider risks in streaming, theatrical releases, and legacy networks. Read more here.

Warner Bros. Discovery Inc. (NASDAQ: WBD) is a major entertainment and media company that owns high-profile entertainment brands and IPs. The consumer discretionary sector Goliath was formed through a merger of the AT&T Inc.

Li Haslett Chen, founder and CEO of social-media commerce company Howl, is stepping down from Warner Bros. Discovery’s board of directors to devote herself full time to Howl. Chen’s exit from WBD’s board is effective Jan.

More change is afoot for the board of directors of Warner Bros. Discovery, as Li Haslett Chen has announced her plan to resign her board seat on January 31. A brief SEC filing Monday revealed the move by Chen,