StubWorld: News Corp Trading "Cheap" As REA Flags Surprise Buyback
Post 1H26 numbers, News Corp Class A (NWSA US) touches a 12-month low; and REA Group Ltd (REA AU) a two-year low.
The Trade:
Despite the somewhat messier takeaways from the News Corp results, I’d still tilt to News Corp here. The stub ops still have superior forward growth.
But it’s not a high conviction trade.
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