Gannett Co., Inc. (NYSE:GCI)
CAPS Rating:
An international news and information company operating primarily in the United States and the United Kingdom.
An international news and information company operating primarily in the United States and the United Kingdom.
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Do I believe in the newspaper business for the ultra-long term? Maybe not. Perhaps the internet will take over. All I know is is that USA today is at every check out stand at every grocery store. It's the most popular newspaper in America. And frankly, all the hate on the newspaper industry is just making this undervalued - read: a great investment.Return on Equity is at a whooping 28.37% which is near the top of the industry. It's PEG ratio is under one, which suggests that it is undervalued. And it even provides a nice bonus - a 1% dividend, a rarity in the industry.