Sinclair, Nexstar Broadcasting Rise With Strong Group
Posted on January 15, 2013 at 12:17 PM EST
The radio-and-TV broadcasters' industry group holds the lofty No. 6 position out of the 197 industries tracked by IBD, as of Monday. It's been an upper-tier group for months. Sinclair Broadcast Group (SBGI) is tied for first place within the 22-member group by Composite Rating. Sinclair provides content -- including syndicated shows, local news and syndicated sports broadcasts -- to 73 TV stations. Sinclair has climbed 6% from its 12.17 buy point