Attention, foodies, travel buffs, and home fixer-uppers: If you're looking to invest in a company you know and love, take a look at Scripps
Never heard of Scripps? Andy Cross, analyst with Motley Fool Stock Advisor and small-cap service Motley Fool Hidden Gems, says you're probably more familiar with the company than you think. Scripps is the parent company of content producers such as Home & Garden Television, the Food Network, the Travel Channel, and the soon-to-launch Cooking Channel (formerly Fine Living). These big-name cable TV brands have already captured the imagination and couch-time of millions of media junkies, and they should be attracting investors' attention, too.
The impressive cash flows enjoyed by Scripps' branded properties -- drawn largely from the affiliate fees they collect from cable companies Time Warner and Comcast -- make this company a heavyweight contender in the battle for your living room and your mobile devices. Scripps recently took on some debt to acquire the Travel Channel. However, Andy thinks the company should be able to pay that down quickly and continue its steady -- and perhaps stealthy -- expansion.
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