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Why everybody loves Media Stocks so much...?

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April 12, 2010 – Comments (0) | RELATED TICKERS: EMMS , GTN , SALM

It seems like people can't get enough of media stocks.

Last Friday I reported here SALM was up 17.9%, EMMS up 11.2%, CMLS up 8.8%...,

and today, again, media stocks are on fire:

SBSA up 10%, EMMS up 8%, GTN up 7%, SALM up 6%, SBGI up 5%,...

Right now, the portfolio of 14 media stocks (which you can see in the link above) is up 44% since it was created back in October of 2009.

Just today, this portfolio was up 3% (after being up 4.5% last Friday).

Who says market has been kinda flatish last few days...?  

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