Chart of the Day - Scripps Networks Interactive (SNI)

The "Chart of the Day" is Scripps Networks Interactive (SNI), which showed up on Monday's Barchart "All-Time High" list. Scripps on Monday posted a new all-time high and closed +1.11%. TrendSpotter just turned long again on Monday's close of $58.10. In recent news on the stock, Scripts networks on Aug 2 reported Q2 EPS of 93 cents, better than the analyst consensus of 87 cents. Goldman on July 12 upgraded Scripps Networks to Buy from Sell and raised the target to $63 from $50 due to strong TV ratings. Scripps Networks Interactive, with a market cap of $8 billion, is the leading developer of lifestyle-oriented content for television and the Internet. The company's media portfolio includes: Lifestyle Media, with popular lifestyle television and Internet brands HGTV, Food Network, DIY Network, Fine Living Network and country music network Great American Country (GAC); and Interactive Services, with leading online search and comparison shopping services, Shopzilla and uSwitch.