Sunday, July 7, 2013

TV stocks, today's momentum movers

TV broadcast stocks continue to build momentum with new high signals for the long-term investor. But use caution, protecting big gains is always a good idea. Even with signs of a continued upside in TV broadcast stocks, the smart investor knows when to get out. “Out of NXST – been a great run, more than a double,” one investor tweeted on Friday via Twitter.

A few TV stocks worthwhile in 2013:

Gray Television, Inc. (NYSE:GTN) – up 55% since April 13 [Full story]

LIN TV Corp. (NYSE:TVL) – up 48% since Feb. 21 [Full story]

Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) – up 23% since May 12 [Full story

CTC Media, Inc. (NASDAQ:CTCM) – up 22% since Feb. 21 [Full story]

Discovery Communications Inc. (NASDAQ:DISCA) – up 6% since March 5 [Full story]

Disclaimer: This post is provided for information purposes only and should not be used as the basis for any investment decision. I am neither licensed nor qualified to provide investment advice.

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