MEDIA is HOT... (do I have to keep repeating this)...
Before I hit you with some numbers, let me first say this is not one of my "Look at me" posts.
I just want us all to finally agree on the fact that MEDIA STOCKS ARE HOT.
So here it goes:
ETM is up 15.1%
SSP is up 11.8%
BLC is up 7.3%
CMLS is up 5.9%
SALM is up 4.9%
GCI is up 4.6%
JRN is up 4.3%
MEG is up 4.3%
MNI is up 3.9%
All of these stocks come from the list of 14 media stocks I made back in October of 2009 in this post here:.
Since Oct. 6, the date of that post,
MNI is up 77%, SALM is up 60%, ETM is up 60%, SBGI is up 41%, LEE is up 28%, BLC is up 38%, SBSA is up 31%, ...
The whole portfolio of these stocks (if same amount money invested in each stock from the list) is up 22.4%, while S&P 500's return during the same time frame is 4.2%.
Is that HOT or what?
Disclaimer: Past performance is not indicative of future results. Sometimes.