Positive
Seeking Alpha
23 days ago
Graham Holdings: Waiting For A Catalyst
Graham Holdings remains a 'Hold,' as recent double-beats and steady returns outpace the S&P, but upside is limited near term. GHC's diversified portfolio saw strong growth in healthcare, Kaplan, and manufacturing, offset by weakness in TV broadcasting and automotive segments. Capital allocation includes strategic acquisitions (Arconic, Honda dealership), divestitures, and a robust buyback program, but management remains conservative.