|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
John Rogers : Sports-Related Stocks a Score
Posted by: Dheeraj Grover (IP Logged)
Date: June 21, 2012 11:55AM
Ariel's John Rogers discusses recent opportunity in Madison Square Garden (MSG) and International Speedway (ISCA), as well as the firm's analytical adjustments in the wake of the financial crisis.
He thinks Madison Square Garden has huge moat and pricing power and when the stock was oversold during the NBA lock out he was able to buy a very good business at a cheap price.
He thinks similar about International Speedway which is closely associated with NASCAR. It has a huge moat and has been beaten down as people are worried that upcoming contract with advertisers will not go well. He thinks that NASCAR is holding its rating pretty well and contract should get good value to International Speedway (Click here "ISCA, Whats not to like about NASCAR" to read my analysis on International Speedway)
Here is the video:
Guru Discussed: John Rogers: Current Portfolio, Stock Picks
Stocks Discussed: ISCA, MSG, GCI, JLL,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.