Summary
- President Trump has long appended the adjective "failing" to the New York Times, but the company is far from failing after its Q4 earnings beat.
- The New York Times is now trading near 13-year highs, and was a Portfolio Armor top ten name on Thursday.
- In the event my site ends up being wrong about it, I present two ways of hedging the stock. I also discuss how my site decides which hedge to use.
- Looking for more? I update all of my investing ideas and strategies to members of Bulletproof Investing. Get started today »
The New York Times building in New York City (Photo by Scott Eells/Bloomberg via Getty Images).
The New York Times: Far From Failing
Starting during his campaign, as exemplified by the tweet below, President Trump frequently derided The New York Times (NYT) as "failing".
After NYT shares hit a 13-year high following the company's Q4 beat, critics on Twitter such as Eric Wishart, below, were quick to contrast its results with the President's characterization of the paper.
