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7 Stocks to Fight the Fake News

Companies dedicated to the truth are finding that there's more in it for them than just doing the right thing

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Fight the Fake News With … New York Times (NYT)

Fight the Fake News With ... New York Times (NYT)
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My intellectual brother in arms — the late, great Christopher Hitchens — once said the following about “All the News That’s Fit to Print,” the New York Times Co (NYSE:NYT) motto:

“If I can still exclaim, under my breath, why do they insult me and what do they take me for and what the hell is it supposed to mean unless it’s as obviously complacent and conceited and censorious as it seems to be, then at least I know I still have a pulse.”

Hitchens was one of a kind, but his point should be well-understood.

The arrogance of the NYT notwithstanding, the publication and the parent company now seem to be the tip of the spear, piercing the Trump administration and its ties to the Russian meddling in the U.S. presidential election. That translates to eyeballs — the Times broke its quarterly online subscription record in Q1 of this year with 308,000 net sign-ups — and eyeballs translate into advertising dollars. That’s what I look at when evaluating any media stock.

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