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One sizable and interesting multimedia company that investors should be wise to take a close look at is News Corporation (NASDAQ:NWS) (NASDAQ:NWSA). Recent performance by the company, while not all strong, has been generally positive. Management continues to create value for its investors and the company’s share price is rewarding those same investors as a result. Long term, it is impossible to know what the future holds. But given how cheap shares are priced today, investors should view the company as a favorable prospect moving forward.
An update on News Corporation
Back in November of 2021, I wrote an article about News Corporation wherein I described the company’s bumpy operating history. Even though financial performance in prior years had been somewhat volatile, I also stressed that shares of the company were trading at pretty cheap levels on an absolute basis. At the end of the day, I rated the company a ‘buy’ prospect, indicating to my…
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You can Read this Complete Story at:
https://seekingalpha.com/article/4499499-news-corporation-attractive-upside-still-exists
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2022-04-03 13:50:00
