Value, growth at reasonable price, small-cap, long-term horizon

Beasley Broadcast Group: After A Pullback, This Underfollowed Name In Terrestrial Radio Merits Attention

Tuning In

In recent months, a sector that I have devoted a large amount of time to examining has been Radio Broadcasting. The sector itself is small, fragmented and has been largely ignored by the general investing public over the past several years. As a result of this neglect, many companies operating in this area are trading at attractive valuations, generating substantial free cash flow and, after rehabilitating their balance sheets during the aftermath of the financial crisis, are beginning to pay healthy dividends.

While many investors are quick to write the terrestrial radio sector off as being antiquated and unfashionable, I believe that there is significant opportunity to be had. These companies have survived the "stress test" of the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details