The analyst recommends Fox as a more intriguing investment in the media space compared to Newsmax. He highlights that Fox, which owns Fox News and Fox Sports channels, is a much more profitable business with a long history of generating shareholder value, offering a more stable and fundamentally sound option.
“Fox is publicly traded, that has Fox News and it also has the Fox Sports channels, too. So, two solid businesses there and that is a much more profitable business with much more history of generating a lot of shareholder value.”