Salem Communications Corp (NASDAQ:SALM)
CAPS Rating:
The Company's principal business strategy is to expand and improve its national radio platform in order to deliver compelling content to audiences interested in Christian and family-themed programs and conservative news talk.
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Positive:- It is a turnaround story- In times of crisis people flock (back) to religion, financial and economic crisis will deepen which is good for Salems business- Up to $4 insiders have bought some reasonable amount of shares (despite already high insider ownership)- If they can transform revenue growth into earnings growth, e.g. by increasing margins, and further reduce debt they might have the potential to go a lot higherNegative:- Gross margin is low- Debt is still highCategory: R13BRn