Mad Money suggests CTC April 9 2008

Jim Crammer suggested a buy for CTC media. CTC Media, Inc. operates the CTC Network (CTC on Mad Money), a Russian television network offering entertainment programming targeted at 6-54 year-old viewers, and the Domashny (Home) Network, a Russian television network principally targeted at 25-60 year-old female viewers. (More about CTC on Reuters)

CTC Media is a Russian company and we always recommend readers to be cautious when dealing with foreign stocks. All foreign stock have an added element of RISK due to the fact that foreign government have huge impact on the markets as compared to US governments.

Having Said that: the stock will rise in coming months. Here are a few reasons we believe why: A key acquisition should lead to big savings for CTC. The company should be able to squeeze more out of men’s entertainment channel DTV and bring its 10% operating margin into line with CTC’s 41%.CTC is growing outside of Russia as well, moving into Soviet satellites like Kazakhstan and Uzbekistan. Cramer said he expects good things from both ventures.Cramer mentioned: Best of all, CTC’s expected to grow 30% over the long term, but the stock’s trading at only 18 times this year’s earnings.

Few other news:
CTC Media, Disney sign licensing deal
Russia's CTC acquires Channel 31

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