Scripps Networks Interactive, Inc. (NYSE:SNI)

CAPS Rating: 5 out of 5

Recs

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Player Avatar PuddinHead42 (36.31) Submitted: 1/20/2013 4:26:23 PM : Outperform Start Price: $57.92 SNI Score: -4.86

Content providers will be king as we move from a fixed cable format to a free form internet format where you can watch any show you want anytime. DVR in the cloud. Watch a Food network show on your iPad while you follow the recipe. Shows can be "framed" with fixed adds in the frames. Or adds inserted in a way you can't skip forward like with a DVR. Plus adds targeted to your web searches and purchase as well as the show. They have great content that is relatively cheap to produce. Google Fiber coming to your home in 3 years - then the game is over for cable. Get in now. Plus, the chart is in a base building pattern that has shown double-bottom support on the 200 dma with a current sideways move along the 50 dma. If you see it hold above the 50dma, you will likely see the right side of the base build. Then if you get the expected break-out from there, we will see the next leg up for this growth stock.

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