You're watching...

Are Media Stocks a ‘Buy’ for Investors?

Details

  • Description

    FBN’s Dennis Kneale on the media stocks for investors to watch.

  • Duration 1:20
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

There are right.

-- -- -- The number of US mutual funds holding the stock of major film studios has significantly declined in the last ten months despite mutual funds stepping out.

Our media -- actually a good buy for your portfolio but spring and that is no right now -- we think.

We you know loved -- people have a certain disdain for the media out.

Well mutual funds lately about that big disdain for the media as well -- -- dumping media entertainment stocks like mad even as those media stocks have soared.

But some numbers here since last October.

The number of mutual fund holdings shares -- Time Warner down 33%.

Viacom's mutual fund debt number of funds -- hold it down thirty percent 20% it News Corp.

our parent.

Mutual funds is not like immediate stocks and you see it similarly stinging rejection -- -- Disney and Sony and Comcast now the painful point though.

Is it even is mutual funds sold off of these big name media stocks.

The stocks are soaring.

Bold bid the end Comcast up 50% since November want our parent News Corp.

up almost 40%.

Time Warner up almost 30% Viacom up almost 20% and those -- ten months only Sony was the lone laggard down 40%.

The past ten months or so on all that trouble in the HDTV market Cheryl.