New Communication Services Position in the Penn Global Leaders Club

This media giant's valuation is too compelling to ignore

The Communication Services sector has had a good year, up some 20% year-to-date on the backs of such names as Meta, Google, and Netflix. But it has been a bifurcated group, with strong growth companies accounting for the majority of the gains while deep value companies have struggled to remain in positive territory for the year. As we adjust our portfolios away from the high multiple names and toward lower-beta companies with fortress balance sheets, we see a number of hidden opportunities which are poised to have a breakout 2026. We just added one such company to our stalwart Penn Global Leaders Club (PGLC).