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

By David Diaz

Here are the top 5 stocks in the Broadcasting industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Tegna Inc (NYSE:TGNA ) ranks first with a gain of 7.22%; Amc Networks-A (NASDAQ:AMCX ) ranks second with a gain of 3.62%; and Cbs Corp-B (NYSE:CBS ) ranks third with a gain of 3.19%.

Gray Television (NYSE:GTN ) follows with a gain of 3.06% and Sinclair Broad-A (NASDAQ:SBGI ) rounds out the top five with a gain of 2.12%.

SmarTrend recommended that its subscribers protect gains by selling shares of Sinclair Broad-A on July 30th, 2019 by issuing a Downtrend alert when the shares were trading at $49.97. Since that call, shares of Sinclair Broad-A have fallen 14.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance tegna inc amc networks-a cbs corp-b gray television sinclair broad-a

Ticker(s): TGNA AMCX CBS GTN SBGI