Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Nexstar Broadcasting Group Isn't Done Yet

It couldn't get much better for Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) over the last 12 months, as it has traded in a range of a little above $6 a share a year ago to close at $30.65 on Friday, June 14. Over a period of a year, it doesn't get much better than that, so it now has to be taken into consideration whether or not this awesome run of Nexstar is going to begin to fade, or if it still has legs left to move even higher. Looking at the overall position of the company, it appears like there is still a lot of heft left in the stock, and should provide a good return for at...

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