和期货和谐相处Gray Television well placed for U.S. election ad deluge: Barron's

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期货和谐相处a child h和期货和谐相处olds up a Trump 2020 和期货和谐相处election campaign flag at Independence Day celebrations in Washington, D.C., U.S., July 4, 2019. REUTERS/Tom Brenner

NEW YORK (Reuters) - Broadcasting company Gray Tele和期货和谐相处vision Inc (GTN.N) is well placed to profit from an anticipated deluge of political advertising ahead of U.S. elections in 2020, according to Barron’s.

The U.S. financial newspaper said good ratings in its local TV markets would be attractive to congressional, senatorial, gubernatorial and presidential campaigns looking to place adverts.

“For investors, that potential pickup in revenue and a discounted stock price make for a winning ticket,” Barron’s wrote.

Shares in Gray Television are up around 15% so far in 2019 but are down 25% in the last three months, giving the company a market capitalization of $1.7 billion.

A representative for Gray Television did not immediately respond to a request for comment on the Barron’s report.