Big Media Stocks' Big Run Faces Test this Quarter
Posted: 7/26/2012 | By: Lisa Richwine | Reuters
A boom in political ad spending and bigger
checks from cable and digital providers have driven up the stocks of
Comcast Corp, Walt Disney Co, News Corp and CBS Corp, with their gains
so far outpacing the broader market this year.
Those names have jumped between 15 percent and 32 percent, with Time Warner slightly trailing them, but still up a healthy 7 percent.
Those names have jumped between 15 percent and 32 percent, with Time Warner slightly trailing them, but still up a healthy 7 percent.