These Investors Are Helping Drive Market’s Surprise Rally

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The market’s rally has been powered by shares in some of the biggest companies and by investors making targeted bets on a few sectors

When the stock market plunged in March, John Rogers Jr. sensed a discount of a lifetime.

Mr. Rogers’s Chicago investment firm moved quickly, increasing holdings in the media sector. Ariel Investments added to its holdings of ViacomCBS Inc., television-station operator Tegna Inc., People magazine publisher Meredith Corp. and cable network MSG Networks Inc.

 

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I hate to be the bearer of bad news, but television advertising was on the decline BEFORE COVID19. Go interview any agency (if any survive this).

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