News Formal

Jim Cramer recommends three media stocks that could do well in the run-up to the election

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

News Nouvelles

France Dernières Nouvelles,France Actualités

CNBC’s Jim Cramer on Wednesday pointed to three media stocks poised to do well as the presidential race tightens.

CNBC's Jim Cramer on Wednesday pointed to three media stocks poised to do well as the presidential race tightens: Fox, The New York Times and Nexstar.

"As much as I really do loathe talking politics on the show, I think the suddenly close election gives you an opportunity to try to profit from some of the media stocks that are about to be inundated with both viewers and political ad dollars," he said. Cramer also recommended The New York Times, saying a close election or a win by Donald Trump would boost the stock. He suggested the former president drove more news engagement and helped boost the Times' subscriber growth. Shares of the media company rallied more than 338% from Election Day in 2016 to President Joe Biden's inauguration in 2021, according to FactSet.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 288. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Jim Cramer's top 10 things to watch in the stock market WednesdayWall Street is getting ready for Day 2 of Federal Reserve Chairman Jerome Powell on Capitol Hill.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market WednesdayWall Street is headed for a lower open Wednesday, a day after the S&P 500 and Dow closed at record highs.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market WednesdayThe drumbeat to sell megacap tech stocks continues. But don't be fooled by the market reaction to Alphabet earnings: They weren't actually bad.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market WednesdayWall Street was tracking for a higher open, with Nasdaq looking especially strong one day after a rough session.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market MondayWall Street was looking higher early Monday after finishing higher for the holiday-shortened trading week
La source: CNBC - 🏆 12. / 72 Lire la suite »