Wednesday, August 15, 2007

The Street.com (TSCM) is a buy here

I put in a buy order for The Street.com (TSCM) at $9.80. This company will benefit greatly from current innovation in internet video advertising, is cheap at a trailing p/e of roughly 20 and the chart looks great. It's also Jim Cramer's company (of CNBC's Mad Money) and his analysis is a big draw in terms of audience. I may not get a piece of this company at my buy price because it's already up to $9.99 in after-hours trading...

12 months Ending 2006-12-31 12 months Ending 2005-12-31 12 months Ending 2004-12-31 12 months Ending 2003-12-31 12 months Ending 2002-12-31 12 months Ending 2001-12-31
EPS 0.47 0.22 0.13 -0.04 -0.38 -0.98


3 months Ending 2007-06-30 3 months Ending 2007-03-31 3 months Ending 2006-12-31 3 months Ending 2006-09-30 3 months Ending 2006-06-30
EPS
0.12 0.11 0.14 0.11 0.12

The companies earnings have been weak lately due to poor performance in subscription revenue. The company is already positioned to catch up in earnings growth fast due to it's focus on advertising revenue and growth in popular content.

Seeking Alpha has a good article on how the company is poised for growth after missing its recent earnings estimates.

Here's an example of The Street.com's content.



TheStreet.com, Inc. is a multimedia provider of business, investment and ratings content. The Company distributes its content to customers through properties, including Websites, e-mail services, print publications, and audio and video programming. It also syndicates content for distribution by other media companies.

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