Media Stocks: ‘We’re Sticking With More Expensive Names’

Citigroup’s Jason Bazinet explains why he prefers media stocks that are more expensive but have less exposure to risks in the group, including Walt Disney (DIS), Time Warner (TWX) and 21st Century Fox (FOXA), to cheaper alternatives. They explain why: kazuhiro nogi/Agence France-Presse/Getty Images We use a three-factor model to value media stocks with Cable […]