Four Media stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).
Sinclair Broadcast Group (NASDAQ:SBGI) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Sinclair Broadcast Group provides programming and services related to operating and sales to television services in the United States. The stock has a trailing PE Ratio of 9.2. Shares of the company have increased 13.3% from a month ago. This is better than the Nasdaq’s 4.3% increase for the same period. For more information, get Portfolio Grader’s complete analysis of SBGI stock.
E.W. Scripps (NYSE:SSP) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. E.W. Scripps is a media company that is involved with national television networks, newspaper publishing, broadcast television, interactive media and licensing and syndication. Shares of SSP have increased 11.6% over the past month. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of SSP stock.
The rating of AMC Networks (NASDAQ:AMCX) moves up this week, rising from a C to a B. AMC Networks owns and operates cable televisions brands delivering content to audiences and a platform to distributors and advertisers in the United States and internationally. For more information, get Portfolio Grader’s complete analysis of AMCX stock.
Pandora Media (NYSE:P) earns a B this week, jumping up from last week’s grade of C. Pandora Media offers radio stations available to stream on computers and mobile phones. Wall Street has pushed the stock higher by 21.5% over the past month. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of P stock.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.