The Case for Tegna (NYSE:TGNA)

Television broadcasting is not a sexy industry.  In an era that is increasingly focused on digital media, cord-cutting, and over-the-top (OTT) content, many people no longer value the importance of local television broadcasting. It is not surprising then, that broadcasters have suffered from falling stock prices.  Tegna is certainly no exception – so why am I so bullish? … More The Case for Tegna (NYSE:TGNA)

Diversification & Risk

A portfolio should not be so heavily concentrated in any one particular area of focus or industry sector. Even the best ideas can turn sour or stagnate for long periods of time, so it is imperative to use various diversification methods to manage risk.

That being said, it is also critical to not over-diversify. The last thing you want to do is to hold so many different positions, across so many industries, that your portfolio is essentially its own index, mirroring the movement of the broader market. … More Diversification & Risk