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 News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: CNBC - 🏆 12. / 72 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »

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
Source: CNBC - 🏆 12. / 72 Read more »