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 Nyheter

Norge Siste Nytt,Norge Overskrifter

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.

 

Takk for kommentaren din. Kommentaren din vil bli publisert etter gjennomgang.
Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

 /  🏆 288. in NO

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

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.
Kilde: CNBC - 🏆 12. / 72 Les mer »

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.
Kilde: CNBC - 🏆 12. / 72 Les mer »

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.
Kilde: CNBC - 🏆 12. / 72 Les mer »

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.
Kilde: CNBC - 🏆 12. / 72 Les mer »

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
Kilde: CNBC - 🏆 12. / 72 Les mer »