BUSINESS
03/28/2008 02:45 am ET Updated May 25, 2011

Cramer: Why You Can't Own Big Media Stocks

No price is holding for media stocks again. Even though Time Warner (NYSE: TWX) (Cramer's Take) has some fabulous properties, properties that are doing well, even though it has a great growing business in telco-cable and, I believe, some momentum at AOL, this stock can't get out of its own way. This is after a monster buyback and tons of restructurings, including the exit of the music division that now looks brilliant.

Comcast (NASDAQ: CMCSA) (Cramer's Take) is little better, even with, again, a huge buyback. This despite the fact that the anti-cable people look like they are losing the FCC battle.

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