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Gannett Co. Inc (GCI) [hlAlert]

Rating:
Buy GCI
down 34.22 %

Gannett Co., Inc. (GCI) rated Buy

Posted on: Saturday,  Jan 12, 2008  11:34 AM ET by Barrons 12 Stocks for 2008

Barrons 12 Stocks for 2008 rated Buy Tegna Inc. (NYSE: TGNA) on 01/07/2008, when the stock price was $35.32.
Since then, Tegna Inc. has lost 34.23% as of 01/28/2016's recent price of $23.23.
If you would have followed this Barrons 12 Stocks for 2008's recommendation on TGNA, you would have lost 34.22% of your investment in 2943 days.

Gannett Co., Inc. is an international news and information company that publishes daily newspapers in the USA, including USA TODAY, the nation'slargest-selling daily newspaper. The company also owns in excess of 400 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. Gannett subsidiary Newsquest is the United Kingdom's second largest regional newspaper company. Newsquest publishes more than 300 titles, including 15 daily newspapers, and a network of prize-winning Web sites. Gannett also operates 22 television stations in the United States.

What did badly in 2007 might do well in 2008, because valuations in many depressed sectors are at multiyear lows. Single-digit price/earnings ratios are common in the financial sector, and stocks in many industries are trading at or near book value, a level that often proves to be a floor beneath stock prices.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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