Next up in our notes from Invest For Kids Chicago is Kelly Cardwell of Central Square Management. He was part of the emerging manager panel.
Cardwell's Pitch on Nexstar Broadcasting (NXST)
• Stock could double based upon increasing retransmission revenues among others
• Balance sheets in good position with small and middle markets
• 45% of revenue are from local content generated by the stations
• 18% of revenue are retransmission fees
• Firm just bought Newport TV
• Can go on offense now with better balance sheet
For the rest of the hedge fund presentations from the event, head to notes from Invest For Kids Chicago.
Thursday, November 8, 2012
Kelly Cardwell Pitches Nexstar Broadcasting: Invest For Kids Chicago
blog comments powered by Disqus
