Market Overview

CNBC's Contributor Carol Roth Sees Great Opportunity In Time Warner After The Stock Declines

Related TWX
Why Fox Could Try To Buy Time Warner...Again
Sony's 'Spectre' Grosses $188M Worldwide This Weekend
'Mockingjay,' boxing, Disney pacing strong holiday box office (Seeking Alpha)

CNBC contributor Carol Roth talked to Kelly Evans Tuesday about Twenty-First Century Fox's (NASDAQ: FOX) decision to withdraw the bid for Time Warner (NYSE: TWX) and said that she is not buying the story, but she is buying Time Warner stock.

She explained that this issue is not going away and that this proves that a lot of parties including the management value the company at a higher level than it is trading today.

Given the fact that Time Warner is selling off more than 10 percent in after-hours trading on this news, Carol Roth believes that this creates a great opportunity to buy the stock.

Roth added that if Time Warner doesn't take a proactive action to bulk itself up and buy some smaller media companies it will remain very vulnerable to takeovers from companies like Twenty-First Century Fox.

Posted-In: Carol Roth CNBC Kelly EvansCNBC Long Ideas Media Trading Ideas


Related Articles (FOXA + FOX)

Get Benzinga's Newsletters