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Here's Why New York Times Co. (NYT) is a Strong Growth Stock
NYTNew York Times(NYT) ZACKS·2024-12-16 15:46

Company Overview - The New York Times Company (NYT) operates as a diversified media company, encompassing newspapers, internet businesses, and other investments [12]. Zacks Rank and Style Scores - NYT holds a Zacks Rank of 3 (Hold) with a VGM Score of B, indicating a moderate investment potential [13]. - The Growth Style Score for NYT is A, forecasting a year-over-year earnings growth of 12.9% for the current fiscal year [13]. - Analysts have revised NYT's earnings estimate upwards, with the Zacks Consensus Estimate increasing by 0.01to0.01 to 1.84 per share [13]. - NYT has an average earnings surprise of 27.1%, suggesting a strong performance relative to expectations [13]. Investment Potential - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, NYT is recommended for investors seeking growth opportunities [14].