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Media stocks outperformed the broad market in the first quarter, but the jump in valuation may have had more to do with peripherals like politics than fundamentals of the business.
The FCC under former Verizon official Ajit Pai took the first step on Thursday to reinstate a rule favored by the country's largest television station owners.
Investors in Gray Television Inc saw new options begin trading this week, for the November 17th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 241 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
Sinclair is eager to buy other station groups, and Tribune Media may be a seller. But any deal involving the country's largest TV station owners will require FCC rule changes.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: ABCO, AEGN, AVGO, GKOS, GPT, GTN, MYGN, SINO, THRM Downgrades: AN, CODI, PRGX, TAIT, TREC Initiations: BMCH Read on to get TheStreet Quant Ratings' detailed report:
Jim Cramer is bullish on T-Mobile, Box and Treehouse Foods. He's bearish on Verizon and Best Buy.
Jim Cramer knows this administration is pro-business, but Washington isn't the only place building business and market strength.
Investors in Gray Television Inc saw new options become available today, for the April 21st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GTN options chain for the new April 21st contracts and identified one put and one call contract of particular interest.
CBS, Comcast, Fox, Sinclair, Nexstar and others could collet a pay out from the first-ever auction of TV broadcast licenses to mobile carriers.
Investors in Gray Television Inc saw new options begin trading today, for the March 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GTN options chain for the new March 17th contracts and identified one put and one call contract of particular interest.
Donald Trump didn't spend nearly as much on advertising as typical presidential candidates, and he didn't have to -- he relied on billions of dollars in free earned media instead.
The most recent short interest data was recently released for the 10/31/2016 settlement date, and Gray Television Inc is one of the most shorted stocks of the Russell 3000, based on 8.08 "days to cover" versus the median component at 6.43. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.
The New York Times and Donald Trump traded barbs recently amid debate over campaign coverage while shares of the publisher continue to enjoy a post-election bounce.