Sinclair Broadcast Group, Inc. (SBGI)
The Company is a diversified television broadcasting company that owns or provides certain programming, operating or sales services to more television stations than any other commercial broadcasting group in the United States.
Recs
I own this stock at $1.91.
I don't know about you, but I get excited when I watch TV to see SSSSSSSSOOOO many automobile commercials from FORD, GM, Honda, Hyundia, Toyota, etc.
Automotive advertising is one of the broadcasting industries biggest source of income.
From listening to their last earnings call, I have concluded that I will sell my stake in SGBI sometime in Q2 2010 after reaping in the ad revenue from the Super Bowl!!!
Recs
Just like oil, advertising is cyclical - so businesses that generate most (or all) of their revenue from advertising tend to be cyclical as well. Sinclair's advertising revenue is down right now? Well EVERYBODY's advertising revenue is down right now. The best way to handle cyclical stocks in a beaten down segment is to find the one with the best chance of survival, the one that will thrive and grow more than most of its competitors when its segment recovers.
Sinclair still has a good position and a strong future when things pick back up, it's just being beaten down along with (and somewhat beyond) its peers. Buying Sinclair over the summer is comparable to purchasing Exxon-Mobil during the last period of cheap oil. I picked it on Caps and then picked up some for my real portfolio too. I'm up over 120% in about two months and it's still sporting a P/E ratio below 2. Great buy in August, pretty good buy in October. You might want to hop on this train before it gets pricier.
(Do note that I have shares in my real portfolio so if you buy now you're benefitting me. Good thing it also benefits you or this might come across as too self-serving.)
Recs
Woowers!
Recs
radio and tv have high profit margins in their operation
Recs
Low risk, good potential plus dividends
Recs
Under valued @ current price. Too much selling as a reaction to "Analysts" expectations.
Recs
Bad, stock, bad! Go to your room.
Recs
Check out those insider buys.
Recs
should move
Recs
retransmission fees and a big political year coming up
Recs
Dividend Yield > 2%
Return on Equity > 5%
Positive Earnings Surpris in the past 90 days
Did not lag the S&P in the past 52 weeks and the past 13 weeks
Recs
Momentum play with pull back on a bad dow day
Recs
Cawabonga!!!!

RSS Headlines
Fool UK
- Show Me:
-
Outperform
-
Underperform
-
All
- Sort by:
-
Author
-
Recs
-
Date
-
Member Rating
-
Results 1 - 13 of 13