This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

The Rolling Stones Sees More Than 'Doom and Gloom'

Stocks in this article: KSS

And it works. A couple of nights ago, I bought Exile on Main Street from iTunes. The "Deluxe Remastered" edition. Twenty bucks.

Go ahead and laugh. What a sucker I am.

But I wonder how many more like me are out there right now, trolling for a Stones album they used to love, or are discovering the band for the first time?

Delivering the Goods

This group has recorded more than two dozen studio albums of material, not to mention more than a dozen compilations and about that many live albums.

Of the original studio albums, a few prior to 1968 sold 500,000 copies in the U.S., earning a gold record each, and one or two, including the 1966 breakthrough Aftermath -- containing the megahit singles Mother's Little Helper and Under My Thumb -- sold more than a million copies, earning a platinum record.

But since 1968, every album the band has released has gone platinum or multiplatinum -- a million copies several times over. Sixteen total since 1968 -- and that's not counting the compilations and live albums.

That's a lot of very popular product floating around out there. Every time the band stages a public event articles get written, old fans are reminded, airplay increases, teenage girls get the history lecture from their uncles and sales of that product ramp up.

According to London's Sunday Times' "UK Rich List," Jagger had a net worth of over $300 million in April 2012. That means if he dropped everything he was doing professionally right now, stuffed all that money under a collection of super-king-sized mattresses, he could live comfortably for the rest of his life, no problem.

Not that I would waste time drawing up a budget for his golden years if I were him.

The Stones' revenue stream is a fire hose that shows no sign of shutting off any time soon, even if the band stops touring completely, as it was rumored to be considering last year. (The band later denied the rumor, but not before the publicity had landed it in the headlines again for a few weeks.)

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs