Depending on your ideological views, you may either love or hate Fox Corp (FOXA), the parent company of Fox News and other broadcasting programs. Obviously, Fox has been at the forefront of the most heated political controversies, particularly the ugly defamation case involving Dominion Voting Systems. As well, Fox cut ties with conservative firebrand Tucker Carlson, setting off a thunderous wave across the media landscape.
With another presidential campaign upon us, it’s incredibly difficult to find someone who doesn’t have an opinion about Fox and its role in shaping public discourse. And that’s quite a backdrop because FOXA stock presents an intriguing idea for speculative investors. Suffering a sharp 6.29% loss last Friday, dark clouds appear to be forming over the broadcasting giant. Nevertheless, intrepid buyers might be able to snag a discount here.
