FOXA Rises 16.3% YTD: Should You Buy, Sell or Hold the Stock?

Fox (FOXA) shares have gained 16.3% in the year-to-date (YTD) period, outperforming the Zacks Consumer Discretionary sector and the S&P 500 index’s growth of 5.1% and 0.3%, respectively. FOXA has also outperformed its Zacks Broadcast Radio and Television industry peers, including Roku (ROKU) , AMC Networks (AMCX) and Cumulus Media (CMLS) . In the YTD period, shares of Roku, AMC Networks and Cumulus Media have lost 4%, 34.6% and 78.3%, respectively. The company’s shares are riding on its Television and Cable ...