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Top 5 Companies in the Broadcasting Industry with the Best Relative Performance (NXST , SBGI , TGNA , DISCK , CBS )

By Shiri Gupta

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.

Nexstar Media-A (NASDAQ:NXST ) ranks first with a gain of 4.02%; Sinclair Broad-A (NASDAQ:SBGI ) ranks second with a gain of 2.62%; and Tegna Inc (NYSE:TGNA ) ranks third with a gain of 2.43%.

Discovery Comm-C (NASDAQ:DISCK ) follows with a gain of 1.41% and Cbs Corp-B (NYSE:CBS ) rounds out the top five with a gain of 1.39%.

SmarTrend is monitoring the recent change of momentum in Nexstar Media-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Nexstar Media-A in search of a potential trend change.

Keywords: relative performance nexstar media-a sinclair broad-a tegna inc discovery comm-c cbs corp-b