Hedge fund managers in the US released some of their favourate stocks for the year ahead with NWS being one of them.
"People think it's a cyclical business with lots of advertising. It has lots of steady fees," he said. "It's a business with massive pricing power. It shouldn't be trading at four times EBIT (earnings before interest and taxes)."
One of the quotes from the Hedge Fund managers.
NWS was a common theme as being under valued.
Add to this the most recent news that NWS is taking a 49% stake in "YES" and the details of the split to be anounced next month, I suspect we will see NWS start to lift significantly!
NWS Price at posting:
$21.72 Sentiment: Hold Disclosure: Held
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