Communication Services Investors Warm Up to Smaller Media Stocks
The giants still have an edge in this rapidly changing market, though.
The Morningstar US Communication Services Index has traded in line with the broader market, trailing the Morningstar US Market Index by about 40 basis points in 2021 after outperforming by 70 basis points last year.
Despite pockets of uncertainty, communications stocks power ahead - source: Morningstar
Michael Hodel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.