Or to be exact, an active one, according to last night’s list from the Wall Street Journal. For how long is open to question, as the Journal reports:
A.H. Belo Corp.’s (AHC, $3.56, -$0.14, -3.78%) shares slid as peers gained slightly, leaving analysts questioning the move. The stock has more than tripled since mid-July and is up 61% so far this year. Morningstar analyst Tom Corbett said the sector has seen a substantial rally since the last reporting period, driven by investors rewarding “trenchant levels of cost-cutting” that aren’t sustainable. He adds on that basis, stocks have gotten ahead of themselves and he wouldn’t be surprised at a pullback.
