Trade of the Day: Time Warner (TWX)

Keep riding momentum on TWX

   

TWX 300x185 Trade of the Day: Time Warner (TWX)
Click to Enlarge
Time Warner (NYSE:TWX) is one of the oldest and best regarded media companies in the country, with brands such as Time magazine, Sports Illustrated, People, CNN, HBO and New Line Cinema. Shares topped in 2000 with the ill-fated take-under by AOL (NYSE:AOL), but they have recovered nicely in the past few years and have been one of the strongest advancers of the recent bull cycle.

Media providers have managed to navigate the Internet age much better than many expected a decade ago, as they have discovered that customers will pay for valuable content and that valuable content can be monetized when spread across various type of ad platforms.

TWX  shares performed well last year and are on a roll again now, busting up out of their recent flat spot. The company reports earnings on Feb. 6.

Recommendation: Buy TWX for a $55.50 target

InvestorPlace advisor Jon Markman operates the investment firm Markman Capital Insight. He also writes a daily swing trading newsletter, Trader’s Advantage which aims to capture profits of 15% to 40% and often as much at 100% to 200% in less than 90 days. 

Professional traders and hedge funds make huge profits off volatility.  Now, Jon’s service CounterPoint Options levels the playing field with the first service geared towards helping individual traders make steady, consistent profits with the VIX.  Get more information on Trader’s Advantage and CounterPoint Options today.



Article printed from InvestorPlace Media, http://investorplace.com/247trader/trade-of-the-day-time-warner-twx/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.