Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Gray Media (GTN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this broadcast television company have returned +29.8%, compared to the Zacks S&P 500 composite's -7.5% change. During this period, the Zacks Broadcast Radio and Television industry, which Gray Media falls in, has lost 7.1%. The key question now is: What could be the stock's future di ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...

ATLANTA, March 20, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Jaime Sayre Kawaja as General Manager and Director of Sales for WKYT and WYMT, which together serve as the CBS affiliates for the Lexington/Hazard, Kentucky, television market. Effective April 1, she will succeed Jeff Anderson, who recently announced his decision to pursue new opportunities outside of local television. Jaime Kawaja has spent her entire career at Gray Media and brings 28 years of experience in sales and marketing to her new pos ...

ATLANTA, March 20, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Jaime Sayre Kawaja as General Manager and Director of Sales for WKYT and WYMT, which together serve as the CBS affiliates for the Lexington/Hazard, Kentucky, television market. Effective April 1, she will succeed Jeff Anderson, who recently announced his decision to pursue new opportunities outside of local television. Jaime Kawaja has spent her entire career at Gray Media and brings 28 years of experience in sales and marketing to her new pos ...

Group 1 - Gray Media (GTN) closed at $5.12, with a 24.9% gain over the past four weeks, and a mean price target of $6.75 indicating a 31.8% upside potential [1] - The mean estimate includes four short-term price targets with a standard deviation of $1.89, where the lowest estimate is $4 (21.9% decline) and the highest is $8 (56.3% increase) [2] - Analysts show strong agreement on GTN's ability to report better earnings, with a positive trend in earnings estimate revisions suggesting potential upside [4][9] Group 2 - The Zacks Consensus Estimate for GTN has increased by 3.6% due to one upward revision in the last 30 days, with no negative revisions [10] - GTN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact gains, they can indicate the direction of price movement [12]

Core Viewpoint - Wall Street analysts' recommendations significantly influence investor decisions, but their reliability is questionable due to potential biases stemming from brokerage firms' vested interests [1][5][9]. Group 1: Brokerage Recommendations - Gray Media (GTN) has an average brokerage recommendation (ABR) of 1.80, indicating a consensus between Strong Buy and Buy, with 60% of the recommendations classified as Strong Buy [2][12]. - The ABR is based on recommendations from five brokerage firms, which may not always reflect the true potential of the stock due to inherent biases [4][9]. Group 2: Zacks Rank vs. ABR - The Zacks Rank, a proprietary stock rating tool, is a more reliable indicator of near-term price performance, classifying stocks from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) [7][10]. - Unlike the ABR, which is based solely on brokerage recommendations, the Zacks Rank incorporates earnings estimate revisions, providing a more timely and accurate reflection of stock performance [8][11]. Group 3: Earnings Estimates and Investment Potential - The Zacks Consensus Estimate for Gray Media has increased by 3.6% over the past month, indicating growing optimism among analysts regarding the company's earnings prospects [12]. - This positive trend in earnings estimates has contributed to a Zacks Rank 2 (Buy) for Gray Media, suggesting that the stock may have significant upside potential [13].

Core Insights - Gray Media has partnered with FanDuel Sports Network to simulcast at least ten Cincinnati Reds game telecasts on WXIX (Fox19) and Rock Entertainment Sports Network, expanding their reach across Ohio, Kentucky, Indiana, and Tennessee [1][3]. Group 1: Partnership Details - The partnership aims to bring Cincinnati Reds baseball back to free, over-the-air broadcasts, enhancing local sports viewership [1]. - The broadcast schedule includes key games such as the Opening Day on March 27 against the San Francisco Giants and several other matchups throughout the season [5]. Group 2: FanDuel Sports Network Overview - FanDuel Sports Network Ohio serves as the TV and streaming home for multiple local sports teams, including the Cincinnati Reds, Columbus Blue Jackets, and Cleveland Cavaliers [3]. - The network is part of Main Street Sports Group's 15 regional sports networks, producing over 3,000 live local professional telecasts annually [3]. Group 3: Gray Media Company Profile - Gray Media is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households across 113 markets [4]. - The company operates 78 markets with top-rated television stations and has the largest Telemundo Affiliate group with 44 markets [4].

ATLANTA, March 17, 2025 (GLOBE NEWSWIRE) -- Local News Live's signature afternoon newscast joins the programming lineup on 37 of Gray Media's local television stations starting today. The one-hour newscast featuring top stories from local journalists in Gray newsrooms across the country will air weekdays at 2:00 p.m. (ET) in most markets. This expansion means Local News Live now airs Monday through Friday in a total of 46 television markets and reaches more than 19 million households according to Nielsen. L ...

Group 1 - The FCC granted a waiver allowing Gray Media to acquire KXLT-TV in Rochester, Minnesota, marking the first approval of a new combination of two top-ranked television stations in over five years [1] - The approval process for this duopoly waiver was notably swift, taking only two months, which is the shortest processing time in FCC history for such a request [1] - Gray Media aims to enhance service for viewers in the Rochester market by leveraging the combined resources of KTTC-TV and KXLT-TV [2] Group 2 - Gray Media, Inc. is the largest owner of top-rated local television stations in the U.S., serving 113 television markets and reaching approximately 37% of U.S. television households [2] - The company operates in 78 markets with the top-rated television station and in 99 markets with the first or second highest-rated television station as of 2024 [2] - Gray Media also owns Gray Digital Media, which provides advanced digital marketing strategies, and has various media properties including video production companies and studio facilities [2]