| Stock | Price | 52 Week Range | Marketcap | EPS | Dividend Yield | Chart (24H) | Sector | Employees | Last Updated |
|---|---|---|---|---|---|---|---|---|---|
 Sinclair, Inc. SBGI | $15.91 | 1.06B | 3.16 | 6.22% | Communication Services | 7,300 | 22 hours ago | ||
 340188 BLC | $0.0000 | 0.0000 | 0.00 | 0.00% | 0 | 5 years ago | |||
| $159.93 | 4.96B | 17.22 | 4.27% | Communication Services | 11,877 | 19 hours ago |
When consumer confidence takes a turn for the better, it doesn’t just make shoppers more eager to swipe their credit cards—it sends ripples through the stock market. The latest consumer confidence numbers have been a big surprise to Wall Street, as consumers’ outlook continues to brighten. This is the latest sign that the economy is steadily, albeit slowly, improving, suggesting we could see a solid, stronger recovery taking hold in the second half of 2013 and early 2014. What’s more, this economic optimism is creating fresh investment opportunities in specific sectors, particularly broadcast. With advertisers ramping up their expenditure in anticipation of increased consumer spending, the outlook for broadcast TV in 2014 is particularly promising. Major events such as the mid-term elections, FIFA World Cup, and Winter Olympics are setting the stage for a golden era in broadcast advertising revenue. For savvy investors looking for their next big break, the broadcast sector is glowing with potential.
Editor's Note: Analysis and insight for this article were originally sourced sourced from our friends at InvestorPlace
Sinclair Broadcasting Group stands out as a beacon of aggressive growth within the broadcasting sector. With a strategic foresight that few can match, Sinclair has been expanding its operations before economic conditions are fully recovered. The stock has made a huge run, doubling year-to-date. Recently, Sinclair announced it would be acquiring Fisher Communications, adding 20 television stations and three radio outlets in the Pacific Northwest to its existing portfolio of 65 television stations in 39 markets throughout the United States. This acquisition is more than just a feather in Sinclair’s cap; it’s a significant leap towards solidifying its influence in the market.
Sinclair’s aggressive moves in the past year are driving serious top- and bottom-line growth. Portfolio Grader has noticed — it awarded SBGI an “A” grade, suggesting the stock is a “strong buy.” This rating is not given lightly—it reflects Sinclair’s capacity to generate substantial top- and bottom-line growth. The company’s stock doubling in value year-to-date is a testament to its successful strategies and market acumen. Such performance makes Sinclair Broadcasting Group a prime candidate for investors looking to benefit from the sector’s resurgence.
Analyst Ratings and Forecasts for SBGI
| Criteria | Information |
| Consensus Rating | Hold |
| Average Price Target | $15.50 |
| Current Price | – |
| Potential Gain | 16.28% |
| Number of Ratings | 2 |
Summary of Analyst Outlook:
The analysts’ outlook for Sinclair Broadcast Group, Inc. (SBGI) shows that SBGI has a consensus rating of Hold. This is based on a total of 1 buy rating, 0 hold ratings, and 1 sell rating. The average price target for the stock is $15.50, representing a potential gain of 16.28% based on this target.
Next up is Belo Corp., another broadcasting heavyweight leveraging the positive economic sentiment. The company owns 20 TV stations and websites in 15 markets, as well as three local channels and two regional news networks. These stations have affiliations with all the major networks and cover almost 15% of the national TV market. Portfolio Grader has recognized Belo’s strong performance, awarding it a top ranking.
Belo has exceeded Wall Street estimates for four consecutive quarters, and estimates for the rest of the year have been rising over the past few months. The company’s strong results and improving expectations recently led to an upgrade, with BLC now marked as a “strong buy.” Belo’s broad network affiliations amplify its market reach, making it a reliable stalwart in the broadcasting industry. This combination of extensive market coverage, strong financials, and rising earnings forecasts makes Belo Corp. another robust investment opportunity for those eyeing the broadcast sector.
Analyst Ratings and Forecasts for BLC
| Information | Value |
| Consensus Rating | Strong Buy |
| Average Price Target | $910.67 |
| Current Price | $787.32 |
| Potential Gain | 15.67% |
| Number of Ratings | 13 |
Summary of Analyst Outlook:
Based on the given sources, Belo Corp. (BLC) has a strong buy consensus rating from 13 analysts, with an average price target of $910.67, reflecting a potential gain of 15.67%. The current stock price of Belo Corp. is $787.32.
Completing our trio of broadcasting stock stars is Nexstar Broadcasting Group. Managing 72 stations across 18 markets, Nexstar has shown impressive growth trajectories, thanks in large part to its strategy of providing additional services in over 60% of its markets. This approach allows Nexstar to generate extra revenues from a single marketplace, steadily boosting its revenue potential.
Nexstar isn’t stopping there. The company recently announced it would be buying an additional 19 stations in a private transaction, enhancing its presence in 10 markets across the country. This strategic acquisition highlights Nexstar’s ongoing growth initiatives. The results speak for themselves—Nexstar recently reported record results, and Portfolio Grader has highly rated the stock since the start of 2013. The stock remains a “strong buy,” offering significant upside for investors interested in the broadcast sector’s resurgence.
Analyst Ratings and Forecasts for NXST
| Metric | Value |
| Consensus Rating | Strong Buy |
| Average Price Target | $210.60 |
| Current Price | $166.01 |
| Potential Gain | 26.86% |
| Number of Ratings | 5 |
Summary of Analyst Outlook:
Analysts generally have a favorable outlook on Nexstar Media Group, Inc. (NXST). The consensus is a Strong Buy, indicating that the experts believe the stock has significant potential for growth. The average price target of $210.60 represents a 26.86% upside from the current price of $166.01. This outlook is based on the ratings of five Wall Street analysts, all of whom recommend buying the stock and none of whom suggest holding or selling it.
The revitalization of the broadcasting sector is undeniable, providing a unique investment landscape bolstered by improving economic conditions and increased advertiser spending. Stocks like Sinclair Broadcasting Group, Belo Corp., and Nexstar Broadcasting Group are perfectly positioned to capitalize on these burgeoning trends. With the mid-term elections, FIFA World Cup, and Winter Olympics on the horizon, the revenue potential for these companies is poised to skyrocket, presenting ideal conditions for investors seeking outsized gains.
If you’re looking to leverage the shifting economic tides and position yourself for significant returns, the broadcast sector is a compelling arena to explore. Opportunities like these don’t come around often, and the window is open for those ready to seize the moment.
