Monday, August 5, 2013

Entercom and Scripps Publishing Buy of the Day

The reason Entercom is getting a "buy of the Day" rating is because the expected earnings Run of The Bull has is slightly higher than anticipated earnings for the second quarter.

While Entercom's ad-related revenue is expected to have increased modestly, the real benefit in this quarters earnings are expense related savings. The company has been expanding and the PE ratio reflects the expected growth for up-coming seasons. After more fundamental analysis on the company, I am providing you today with a buy suggestion on ETM.


Also, Scripps Publishing company is expected to boost revenues and the expectation for second quarter earnings release is rather hopeful. An important ratio for this company is the price to book ratio which is reflecting moderate valuation for the enterprise. SSP is getting a buy suggestion upon further technical and fundamental analysis.


Summary: Buy ETM, Buy SSP

-Renner

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