Can News Corp’s Stock Rebound After An 8% Decline?

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News Corp stock (NASDAQ:NWSA) is down 8% over the past twenty-one trading days (one month). In comparison, the broader S&P500 index rose 3% over the same period. News Corp., a global, diversified media and information services company, beat both top and bottom in its fiscal first-quarter earnings on Nov. 4 and saw its stock rise nearly 4% since the Q1 release. The company’s revenue grew 18% year-over-year (year-over-year) to $2.5 billion, while its profitability increased 53% year-on-year to 33 cents — driven by significant revenue expansion and strong EBITDA growth across all operating segments. Is. However, the media company’s stock price is down 6% since then.

Now, is NWSA stock still on a downward trend? Based on our machine learning analysis of stock price trends over the past eight years, NWSA stock has a 58% chance of growth in the next month (twenty one trading days). View our analysis NWSA stock likely to rise for more information.

And if you are considering NWSA stock as an investment option over the longer time frame, you can find out our forecast news corp valuation

Too, News Corp Peer Comparison Summarizes how the company performs against peers on key metrics.

What if you’re looking for a more balanced portfolio instead? here is one high quality portfolio It has consistently outperformed the market since the end of 2016.

Returns Nov’21 MTD [1] YTD [1] 2017-21 [2]

NWSA Return -7% 19% 87%

S&P 500 Returns 1% 22% 105%

Trefis MS Portfolio Returns -3% 46% 297%

[1] Month-to-date and Year-to-date as of 11/29/2021

[2] Cumulative Total Return since 2017

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