What’s the media stock to own going forward?
If there’s one stock to own it’s Viacom, says Pali analyst Rich Greenfield. The film division at Paramount is doing substantially better and their cable networks are improving on a sequential basis. I expect Viacom will have a nice Q4 and I’d be a buyer into the quarter.
And I also like Discovery Networks. Oprah is launching her own network for Discovery. I’d own that into earnings.
______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to fastmoney@cnbc.com.
Trader disclosure: On November 2nd, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Seymour Owns (AA), (AAPL), (BAC), (EEM), (SBUX), (F); Seymour Is Short (FXI); Terranova Is Long (GS); Finerman Owns (RIG); Finerman's Firm Owns (CLX) ; Finerman Is Long (BAC) Calls; Finerman's Firm Is Long (BAC) Call Spreads; Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Owns (FLS); Finerman's Firm Is Short (FLS)Calls; Finerman's Firm Owns (MSFT); Finerman's Firm Owns(NOK); Finerman's Firm Owns (PBR); Finerman's Firm Owns (PDE); Finerman Owns (PDE); Finerman's Firm Owns (RIG); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm Is Long (TGT); Finerman's Firm Is Long (WMT); Finerman's Firm Is Short (IJR); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (UNG); Finerman's Firm Is Short (USO)
For Jim Suva
Citi owns (PALM)
Citi Has Received Compensation from (MOT)
Citi Has Received Compensation from (PALM)
(MOT) Has Been Investment Banking Client of Citi
(MOT) Is A Client of Citi
(PALM) Is A Client of Citi
Citi is A Market Maker In Shares of (PALM)
Citi Is A Market Maker In Shares of (RIMM)
For Rich Greenfield
Pali Capital is A Market Maker in (DISCA)
Pali Capital is A Market Maker in (DWA)
Pali Capital is A Market Maker in (NCMI)
Pali Capital is A Market Maker in (NWSA)
Pali Capital is A Market Maker in (CMCSA)
Pali Capital is A Market Maker in (DTV)
Pali Capital is A Market Maker in (MCCC)
CNBC.com with wires