Jim Cramer Breaks Down Viacom’s Challenges

When you look at Viacom's (VIA) - Get Report programming you need to question whether any of it needs to be watched immediately, says TheStreet's Jim Cramer. That is driving the valuation of the stock down, according to Cramer. Cramer said local programming player Nexstar Broadcasting (NXST) - Get Report is in a far better position because it is getting money from the presidential campaign. He said Nexstar is getting huge ad dollars from 'safe republicans' worried that Donald Trump will hurt their chances in the fall.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.