Cramer A Radio Fan
• In case you missed it, the overly caffeinated Jim Cramer of CNBC’s Mad Money spent nearly ten minutes during his show last Friday loudly defending his bullish position on the radio industry while touting the power and promise of the impending CBS Radio and Entercom merger, and the company’s potential against iHeartMedia.
Cramer points out that the radio business has more potential than investors think and added that the Entercom/CBS merger is a fabulous buying opportunity. If you haven’t already watched it, the segment is posted online.