Scalper1 News
Radio and TV stocks have performed well amid better-than-expected earnings reports and expectations that next year’s elections will boost ad revenue for some. The 26-stock group has jumped nearly 100 places in the past six weeks to No. 38 out of 197 as of Thursday. It’s up 9% this year, easily outperforming the S&P 500. The industry’s leaders slumped as the market corrected in summer, sending their 50-day lines crossing below their 200-day moving Scalper1 News
Scalper1 News