As ad companies throughout the U.S. continue to enjoy positive growth from a recovering economic situation, we see the best opportunities as those in the billboard industry. There has been a major shift from print to online advertising, which is slowly draining newspaper and magazine companies. Broadcasting has held up better than print, but we see the infusion of online streaming video - and social networks that compete with television - as playing a key role over the long term. The niche market that is outdoor and billboard advertising is unlikely go away anytime soon, as it has already gone through a major digitization in recent years.
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