Acquisitions, Political Ads Help Sinclair Broadcast
The media sector has gained strength in the past four months. In mid-May, the sector was a laggard -- No. 26 of 33 sectors. As of Wednesday's IBD, the media sector was No. 3. Within the radio and TV industry group, Sinclair Broadcast (SBGI) is the only stock with a best-possible 99 in EPS Rating. The Maryland-based company owns, programs or provides sales services to 74 broadcast television stations in 45 states. In August, the board of directors
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