5 Most Profitable Mid-Cap Stocks Now

Page 1 of 5

In this piece, we will take a look at the 5 Most Profitable Mid-Cap Stocks Now. For more such companies, go to the 12 Most Profitable Mid-Cap Stocks Now.

5. Grupo Televisa, S.A.B. (NYSE:TV)

Net Income TTM: $3.01 billion

Headquartered in Mexico, Grupo Televisa, S.A.B. (NYSE:TV) runs a cable company and offers subscription-based satellite television services. The company offers 87,000 hours of paid and free-to-air content and also provides satellite television services in Mexico, Dominican Republic, and Central America. Furthermore, Grupo Televisa, S.A.B. (NYSE:TV) operates a network of more than 103,000 km of coaxial cable and over 67,000 km of fiber optics. Other businesses of Grupo Televisa, S.A.B. (NYSE:TV) comprises magazine publishing, casino sites and lotteries, soccer team, and feature-film distribution.

On February 14, 2023, Andres Cardona, an analyst at Citi, started covering Grupo Televisa, S.A.B. (NYSE:TV) with a price target of $8.50 and a Buy rating on the company’s stock. According to the analyst, the valuations in the cable sector of Mexico remain low, making the stock attractive.

As per Insider Monkey’s database, 21 hedge funds held stakes worth $376 million in Grupo Televisa, S.A.B. (NYSE:TV) in Q4 2022, compared to 19 funds in the prior quarter with a stake worth $347 million.

Page 1 of 5