During the Jeremy Lin craze last February, I highlighted the often overlooked stock of MSG, the home to the New York Knicks, Rangers, and much more. Even with the NHL lockout (which appears to have finally concluded), and Jeremy Lin signing with Houston, the stock is making new highs. True, the Knicks are doing great this year, likely driving up ticket sales. But MSG always has something going on, be it the circus, concerts, etc. If anything, it could easily be a macroeconomic proxy for the NY/NJ/CT Tri-state area.
As you can see below, the stock remains in a strong uptrend since breaking out last winter from well-defined resistance.
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