Fun Fact: Google Tops Entire Newspaper Industry in Valuation — Almost
From this week’s Barron’s: “The $82 billion stock-market value of Google tops that of the 12 largest newspaper publishers combined.”
Ouch. That’s a low blow, boys. The article does go on to argue that newspaper stocks are undervalued, and specifically recommends Gannett, Tribune, and Knight Ridder. Personally, I think I’ll just hang on to my Belo stock.