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Is “Good News” Now Good News?, Apple’s Rough Report, and Media Momentum 2/3/23

The Exchange

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Media Stocks - Where Are the Best Opportunities?

The market is starting to appreciate that Warner Brothers Discovery and other media stocks were oversold at the end of last year. Now that they are revising their companies to revolve around profit and revenue sort of money, there's going to be some multiple valuation increase here. Jeff Kilburg: Comcast specifically is interesting because Morningstar just put out a list of undervalued companies.

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