Newspaper Stocks Ruled the 3rd Quarter

Guess what the top-performing industry group was in the 3rd quarter?

What if I told you it was the left-for-dead Newspaper Publishers?  No, seriously, it was.

According to data from Morningstar, the newspaper industry stocks posted a gain of 89.14% over the last 3 months and were the top performing group by a long shot (Printed Circuit Boards were 2nd with a gain of 57%)

Here’s what some of the larger companies did last quarter (the righthand column shows the percentage returns):

data from Morningstar

data from Morningstar

I suppose the Death of the Newspaper Industry had been greatly exaggerated, at least for now.

Full Disclosure:  Nothing on this site should ever be construed as research, advice or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

What's been said:

Discussions found on the web
  1. stock newsletter commented on Oct 01

    You’re right about that. Maybe soon it will buried to forget.

  2. stock newsletter commented on Oct 01

    You’re right about that. Maybe soon it will buried to forget.