1 Reason Why Investors Should Buy The New York Times After Its Q1 Results
The New York Times (NYSE: NYT), after reporting digital subscriber growth in the first quarter of 301,000, saw a somewhat muted reaction from Wall Street. It's very possible, however, that analysts were disappointed with this number, especially following an extraordinary 2020 in which the company added 2.3 million net new digital customers.
But shrewd investors understand that in order to make sound financial decisions, we must dig beneath the surface and think independently. It's always wise to keep the long-term story in mind, particularly when a business is undergoing a strategic shift that is already starting to pay off.
Source Fool.com
