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Commentary: Hot August for media stocks


August 29, 2008 Media stocks outpaced the general markets in August for only the third month this year, with new and traditional media companies both participating in the rally. That's good news for Stanford analyst Frederick Moran, who again told clients to buy the stock on Aug. 6 at $14.77 after TW reported what he called a "solid" second quarter. The analyst, bullish on TW's plans to separate from its 85%-owned Time Warner Cable in favor of a $9.25 billion dividend, figures TW stock should rise another 22% in the next 12 months.

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