Sinclair Broadcast Group-A

Gabelli is out with its report today on Sinclair Broadcast Group-A (NASDAQ: SBGI), maintaining Buy. In a note to clients, Gabelli writes, "Buy. SBGI trades at 7.2x this year's estimated EBITDA and 6.1x 2012 projections with BCF multiples of 6.4x and 5.5x, respectively. The balance sheet is much...