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Quarter-End Insights

Our Outlook for Media & Telecom Stocks

We continue to favor the companies with strong competitive advantages.

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As the end of the third quarter approaches, there are some signs that the worst of the recession is behind us. We continue to believe well-positioned firms will emerge stronger while leaving behind weaker players in media and telecom. Some of the most poorly positioned firms have seen their shares skyrocket over the past three months, though, which we believe has created potholes for investors.

Michael Corty does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.