Fast Money's Media Trade
295 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons3
DESCRIPTION:

Date updated:02-04-2009

Rich Greenfield, a media analyst for Pali Research, came on to the show to talk about upcoming earnings reports in the media industry. Greenfield said the industry has been hit hard by the decline in ad spending, especially local ad spending, which he said has "collapsed."

symbol name last price % change open
  • +
  • VIA.B
    Via.b
  • $0.00
  • N/A
  • $N/A

As for trades, he said he liked Viacom (VIA), which he called a pure cable network; Discovery Communications(DISCA); and Cablevision(CVC), which he calls the "best name" in 2009 because of its quality asset base, $2.40 free cash flow and a trading price of $16.

People owning VIA.B also tend to own: CTXSCBSCVCDISCANWSAGNBHP

TheStreet.com Rating: No Rating What is this?

  • +
  • DISCA
    Discovery Communi
  • $30.79
  • +2.39%
  • $30.10

As for trades, he said he liked Viacom (VIA), which he called a pure cable network; Discovery Communications(DISCA); and Cablevision(CVC), which he calls the "best name" in 2009 because of its quality asset base, $2.40 free cash flow and a trading price of $16.

People owning DISCA also tend to own: BVFLBTYALBTYKLCAPALINTAMTEXPE

TheStreet.com Rating: C- What is this?

  • +
  • CVC
    Cablevision Syste
  • $25.48
  • +3.03%
  • $24.96

As for trades, he said he liked Viacom (VIA), which he called a pure cable network; Discovery Communications(DISCA); and Cablevision(CVC), which he calls the "best name" in 2009 because of its quality asset base, $2.40 free cash flow and a trading price of $16.

People owning CVC also tend to own: AAPLADIAMDBRCMCSCOGOOGMOT

TheStreet.com Rating: C- What is this?

  • +
  • CBS
    Cbs Corp Cl B
  • $13.29
  • +4.48%
  • $12.93

Or if you’re looking for a stock to short, Grreenfield suggests CBS [CBS] and News Corp [NWS].

People owning CBS also tend to own: DISGOOGNWSTWXVIAYHOOAAP

TheStreet.com Rating: C- What is this?

  • +
  • NWS
    News Corporation
  • $14.60
  • +3.18%
  • $14.36

Or if you’re looking for a stock to short, Grreenfield suggests CBS [CBS] and News Corp [NWS].

People owning NWS also tend to own: CBSDISGOOGTWXVIAYHOOAAPL

TheStreet.com Rating: C- What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 9, 2009 Financial-Services Bull: Barron’s talks with Anton Schutz, portfolio manager at the Burnham Financial Industries Fund (BURFX)...

11.09.09 | 11:01 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 9, 2009 Last week brought investors a welcome return to gains as the S&P 500 pushed up 3.2% over the course of the last five trading d...

11.09.09 | 08:04 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 6, 2009 According to Jim Cramer, the bears are tellinginvestors six lies. On Wednesday’s “Mad Money” TV show, Cramer said if you ...

11.06.09 | 15:52 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 5, 2009 The traders on CNBC’s “Fast Money” told their viewers what they must know after Warren Buffett announced on Tuesday his l...

11.05.09 | 12:05 PM
more articles
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Full Disclosure
11.09.08 | 12:30 PM From author alchemist
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
today 's lists
Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more

52-Week Highs

Here are some of the biggest stocks that made the 52-week high list on Nov. 2, 2009. more

Analyst Upgrades

Analyst Upgrades for Nov. 2, 2009. Read more here. more