Filed under: Walt Disney (DIS), Viacom (VIA), News Corp'B' (NWS), Media World
Another day, another rally. Makes you want to buy, doesn't it? While my cold, frosty bearishness is beginning to thaw a little bit based on recent market price action, don't call me a bull just yet. Believe me, I can't wait for the day when I am completely confident about equities. That day hasn't come just yet, though.
Which brings me to the media sector. Have you checked out the one-month returns on Viacom, Inc. (NYSE: VIA), News Corporation (NYSE: NWS), and The Walt Disney Company (NYSE: DIS)? I've been watching these three stocks and have noticed that the one-month performances on all of them, as of this writing and according to AOL Finance data, are pretty good. Viacom is up something like 21%, News Corp. has advanced 16%, and Disney has appreciated by 9%. I mean, that's more than pretty good: that's wildly impressive. And it gives you a good feeling, doesn't it?
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