Media Stocks: ‘We’re Sticking With More Expensive Names’
August 27, 2015 at 18:59 PM EDT
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 […]