10 Media Stocks Near 52-Week Highs

I love bargain stocks, especially when they're hitting 52-week lows. Still, it can be instructive to also look at stocks that are riding high.

For one thing, they can make good sell candidates. More optimistically, we may be able to find a few companies that can continue their upward climbs.

In this series, I'll be searching industry by industry for stocks reaching 52-week highs. That way, we'll be able to make a few quick comparisons among semi-related companies.

There are 24 industry groups as defined by the Global Industry Classification Standard (GICS). Media is one of them.

Below are the top 10 companies in this space (by market cap) that are within spitting distance of their 52-week highs.

Company

Recent Price

52-Week Low

52-Week High

P/E Ratio (Trailing)

Disney (NYSE: DIS  )

$36.51

$27.00

$37.98

16.8

Comcast (Nasdaq: CMCSA  )

$20.86

$14.00

$20.56

15.2

DirecTV (Nasdaq: DTV  )

$43.46

$25.20

$43.56

28.2

Time Warner (NYSE: TWX  )

$32.36

$26.40

$34.07

15.0

Thomson Reuters

$37.96

$30.59

$39.31

41.9

Viacom (NYSE: VIA-B  )

$38.35

$27.40

$38.00

12.6

Time Warner Cable

$58.45

$38.20

$59.47

17.9

Discovery Communications (Nasdaq: DISCA  )

$44.97

$26.60

$45.18

35.3

WPP

$57.37

$43.19

$58.70

18.8

Omnicom Group

$43.86

$33.50

$44.08

16.6

Source: Capital IQ, a division of Standard & Poor's; and Yahoo! Finance.

I own shares in Disney, so I've been happy with its recent run-up. I've continued to hold because it's a quality company that still has some tricks up its sleeve. I was reading a recent article in ESPN the Magazine (owned by Disney) and I read a story that compared NBA teams to Marvel comic-book characters (Marvel's also owned by Disney), complete with gorgeous drawings. Almost annoying, but kinda cool and brilliant. Sports fans may not know some of Marvel's obscure superheroes, but now they're associated with athletes. That's how you create elusive synergy.

Another company on my radar is Discovery Communications. Why? It’s trotting out the Oprah Winfrey Network at the beginning of next year. I will always bet on Oprah. I've been hoping for lower prices, though. With the launch imminent, I may have to sit on my hands. Why? Look at Sirius XM's (Nasdaq: SIRI  ) stock chart after the Howard Stern launch in January 2006. The stock built up beforehand and then dropped from those heights. I know from experience.

Here's hoping Discovery makes the 52-week-lows list next month for a better buy-in price.  

If you're interested in reading more about any of these stocks, add them to My Watchlist to find all of our Foolish analysis on them.

Anand Chokkavelu owns shares of Sirius XM and Disney. He posts his favorite articles on his Twitter feed.

Disney is a Motley Fool Inside Value and Motley Fool Stock Advisor selection. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1351360, ~/Articles/ArticleHandler.aspx, 8/31/2014 12:29:47 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement