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Discovery Comm-C is Among the Companies in the Broadcasting Industry with the Best Relative Performance (DISCK , DISCA , ETM , NXST , TRCO )

By David Diaz

We looked at the Broadcasting industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Discovery Comm-C (NASDAQ:DISCK ) ranks first with a gain of 2.11%; Discovery Comm-A (NASDAQ:DISCA ) ranks second with a gain of 2.01%; and Entercom Comm-A (NYSE:ETM ) ranks third with a gain of 1.00%.

Nexstar Media-A (NASDAQ:NXST ) follows with a gain of 0.55% and Tribune Media -A (NYSE:TRCO ) rounds out the top five with a loss of 0.04%.

SmarTrend recommended that subscribers consider buying shares of Tribune Media -A on August 22nd, 2018 as our technology indicated a new Uptrend was in progress when shares hit $36.62. Since that recommendation, shares of Tribune Media -A have risen 25.8%. We continue to monitor Tribune Media -A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance discovery comm-c discovery comm-a entercom comm-a nexstar media-a tribune media -a

Ticker(s): DISCK DISCA ETM NXST TRCO