Investing in turnaround situations is usually risky. But when a company is already showing signs of major progress, it's wise to take notice.
Accepting the fact that its print and advertising revenue was in permanent decline, The New York Times Company (NYSE: NYT) is now starting to benefit greatly from a vital strategic shift made years ago.
This is now an online-first business focused on subscriptions, positioning it well in today's digital media ecosystem . Investors need to pay attention: The company's best days are yet to come.
For further details see:
Here's Why the Best Is Yet to Come for The New York Times