Jim Cramer - Mad Money
Nexstar Media Group
NXST-Q
TRADE
Jul 31, 2024
They will benefit from a close US election, which looks likely. NXST will receive its shares of ad dollars from both candidates, because it owns a lot of stations in the battleground states. Though up nearly 300% in the last decade, this is a trade. Revenues will likely fall after the election.
They will benefit from a close US election, which looks likely. NXST will receive its shares of ad dollars from both candidates, because it owns a lot of stations in the battleground states. Though up nearly 300% in the last decade, this is a trade. Revenues will likely fall after the election.