Yacktman Fund Comments on News Corp

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Nov 22, 2021
Summary
  • A top detractor.

News Corp.’s (NWSA, Financial) shares lagged during the quarter after rising significantly in the last year. We think the company is significantly undervalued and—like Bolloré, Samsung, and ABF—trades at a significant discount to its various businesses.

From the Yacktman Fund (Trades, Portfolio)'s third-quarter 2021 letter.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure