Top 5 Stock Picks of Randall Smith’s Alden Global

3. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)

Alden Global’s Stake Value: $6.963 million

Number of Hedge Fund Holders: 17

You may have heard of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) if you’ve seen the viral video of dozens of news stations regurgitating the exact same message. Recently, acclaimed journalist Chris Daniels agreed to join Sinclair Broadcast Group, Inc. (NASDAQ:SBGI).

On the investment front, Glassy Mountain Advisors Inc. purchased 7,250 shares of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) in the first quarter of 2022.