Securities analysts led by Marci Ryvickers signal investors to slow down on stocks of station groups that they cover because of “worsening” regulatory environment.
TVNEWSCHECK FOCUS ON BUSINESS
Station Group Stocks Back From The Dead
Helped by a resurgent stock market and auto advertising, the stock of TV station groups is rising, Phoenix-like, from the ashes of the last decade’s recession. While the rebound has been impressive for all, two pure-play operators stand above the rest: Nexstar and Sinclair. And companies with a mix of stations and print, particularly newspapers, have also enjoyed the rising tide, though less robustly, as the drag from the print side remains a limiting factor.
