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NYSE:TWX

Time Warner Inc (TWX)

98.77
-0.00 (0.00%)
as of Jul 22, 2019, 4:00:00 am Market Open.
2 watching
0
DON'T BUY
Not crazy about this stock. Made the single worst acquisition in the history of corporate America and never really recovered. The whole AOL model is really under question. A lot of uncertainties about its future.
DON'T BUY
A lot of the media companies have lagged the market from about 2002 until about 6 months ago. Great cash flow generator. This one has a large music component to it and this is under a lot of pressure with competition. Prefers others.
BUY
This is a franchise that is undervalued. Management did a very good job of changing the company. Their move to an advertising model makes a lot of sense. Cable business is doing very well.
TOP PICK
Did the right thing with AOL, which will make a difference in their overall earnings. Although the magazine business is not doing as well, cable is doing incredibly well. Movie season next year should be very good.
TOP PICK
Likes what they did with AOL, making it a free service. Cable is doing incredibly well. Movie business is OK, but some big potentials for next year.
WAIT
There has been a shift in the last couple of months where the consumer cyclical type stocks have been out of favour and have all come back. Wouldn't chase it. Longer term patterns are improving for this company. Wait for $18.
TOP PICK
Making advertising free on AOL makes a lot of sense. Good management. Has under performed most of the media stocks, but expects it to outperform.
DON'T BUY
Not a fan of this company. Would prefer Disney (DSN-N). With the AOL property, they just don't have as much going for them. Doesn't like this sector that well.
WEAK BUY
Five-year return -66.6%. If you own, you've lost 2/3 of your money in the last five years. With its cable business, it is starting to make up for all the weaknesses in its print media.
HOLD
AOL assets and the media assets are worth quite a bit but wouldn't expect a huge home run out of this company.
DON'T BUY
Their AOL asset is a decent asset but the Time/Warner property is part of their problem. Large TV networks advertising is a difficult model to run and their CBS is no exception. The whole media sector, television, newspapers and radio is undergoing a tremendous transformation. Internet assets are growing at their expense.
DON'T BUY
Model price is $16.62, so its right on the model price.
TOP PICK
In tough markets, focusing on companies that have strong enduring assets producing strong cash flow. Sales of about $44 billion and about $8 billion in cash flow. Good TV assets, cable network, movie production, etc. Their AOL has 20 million users which creates $8 billion of business and has $2 billion of cash flow. In decline, but they are trying to migrate to an advertising portal.
BUY
The big media companies are out of favour, so they bought them as contrarian holdings.
TOP PICK
Have an excellent collection of assets such as cable, TV production, film, AOL and great print assets. Valuation is very attractive. 9.6 X EBITDA.
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