Seven Emmy Award-Winning Stocks for Your Portfolio

The Emmy Award is the television equivalent of the Oscar Award for movies. Emmys have been awarded since 1949. Sunday night was the Emmy Awards celebration for 2007 and a couple of entertainment companies received many awards, but a few didn't do so well.

At the top of the list was General Electric (GE), which took home eight awards through its 80% ownership of NBC Universal, which owns the NBC, USA and Bravo networks. NBC garnered several awards including 30 Rock for Outstanding Comedy Series. Its USA channel grabbed an award for Outstanding Supporting Actress in a Miniseries or Movie that went to Judy Davis in The Starter Wife. Its Bravo channel also received an Outstanding Reality Program Award which was granted to Kathy Griffin: My Life On The D-List. General Electric has a P/E of 19.41, a PEG of 1.73, and pays a yield of 2.8%.

Walt Disney Co. (DIS), owner of ABC, tied for second place, with six awards, including James Spader in Boston Legal, who won Outstanding Lead Actor in a Drama Series, Sally Field in Brothers & Sisters who won Outstanding Lead Actress in a Drama Series, and America Ferrera, the star of Ugly Betty, who won Outstanding Lead Actress in a Comedy Series. The stock has a P/E of 15.4, a PEG of 1.28, and pays a yield of 0.9%.

The company that tied with Disney was Time Warner Inc. (TWX), which owns HBO, which also was a recipient of six awards. HBO won awards for The Sopranos as Outstanding Drama, and Ricky Gervais in Extras for Outstanding Lead Actor in a Comedy Series. The stock has a P/E of 11.34, a PEG of 1.38, and pays a yield of 1.3%.

Next was Cablevision Systems Corp. (CVC), which owns AMC, winner of three Emmys, including Robert Duvall in Broken Trail for Outstanding Lead Actor in a Miniseries or Movie. The stock has a P/E of 47.74, and a PEG of 10.84.

CBS Corp. (CBS), the purest network television play, did very poorly, with only one award for The Amazing Race as Outstanding Reality/Competition Program. The stock has a P/E of 18.46, a PEG of 1.97, and pays a yield of 3.2%.

Viacom, Inc. (VIA), the owner of Comedy Central, also didn't do so well, winning only one award for The Daily Show with Jon Stewart as Outstanding Variety, Music or Comedy Series. The stock has a P/E of 17.56, and a PEG of 1.18.

Last but not least was News Corp. (NWS), owner of FOX, which didn't win any awards, however, they were the ones who broadcast the Emmys. The stock has a P/E of 19.28, a PEG of 0.92, and pays a yield of 0.6%.

Disclosure: The author owns DIS and TWX.