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News Corporation Message Board

  • luckiema21 luckiema21 Jul 8, 2013 1:29 PM Flag

    NWSA is moving to S&P 500 replacing APOL

    The bigwigs; namely, Deutch Bank, JPMorgan, to name a couple had upgraded NWSA, the new News Corp to outperform last week.. No debt and strong cash flow and the price in the teens is very much undervalued. Target price between the mid-$30's and high $40's....a gold mine for a long-time hold for stock appreciation with its dividend payout. Besides, it will replace APOL at the S&P 500......hence its quick ascent when it opened in the $14.00 range after the spin off. I added to my existing position when I saw the price on my radar screen without even knowing why the price dropped from the mid-$30's. I should have added more but can't be too greedy.

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