LOS ANGELES ( TheStreet) -- Since we first profiled Daily Journal (DJCO - Get Report) in October, the stock has risen 23%, doubling the pace of the Russell 2000 Index. The original thesis for this company still holds and TheStreet Ratings model still sees potential in this tiny publisher in a land of dinosaurs.Younger readers rely on the Internet for news and information instead of printed newspapers. It's a medium in which newspapers have a presence, but have not figured out how to monetize. As a result, newspapers are dying a slow death as their costs overwhelm their profits. Behemoths such as the New York Times (NYT), Washington Post (WPO) and McClatchy (MNI) may go extinct soon if they can't reverse their downward trajectory.
Small Publisher Prospers as Peers Struggle
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.