Monday, June 2, 2014

GCI: Positive article on Gannett in Barron's

We wanted to highlight a positive piece on Gannett (GCI) published in Barron's last weekend (5/31).  Pretty much everything we said about GCI in Jan. '14 was supported in that Barron's article.  Most of the buy-side guys that Barron's quoted also value GCI around $40/sh.  Link to the article: Gannett Could Rise 40%.  

GCI has reacted well to the story as it is up 3% on high volume; it is up only 4.2% since we published our opinion on it in late Jan. '14, compared to a 7.5% increase in the S&P 500 during the same period.    

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