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
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