|Day Low/High||23.42 / 24.91|
|52 Wk Low/High||20.93 / 31.96|
If timed properly, CBS has been a profitable investment, at times, over the last few years. We initially purchased the stock in the high $30s and sold it around $50-$51. Until yesterday (when I re-initiated a long position) I have avoided the shares...
Traders would do well to find another stock to trade right now.
Headline blur. What channel to watch? Who to listen to in real time? How to trade it? Should you trade it? Is anyone even trading anything?
Despite its combination with Viacom, CBS has been a weak contender in the media world, and now is stacked up against offerings from Disney, Netflix, Apple and others.
Things that make you go hmmm ahead of the Viacom merger.
The media giant's technical signals hint at an upside move in its stock.
We also take a look at the charts of Costco Wholesale and Viacom to check out potential plays in both stocks.
DIS is one of the best in creating worlds. That separates it from other media companies.
There is probably no franchise or stock as admired as Disney . Day after day, commentators gush optimistically about this familiar name. I have continued to short more Disney this week -- as the shares of old media continue to make new lows (e.g. CB...
I was quite active in my trading and investing over the last two days (while I was on the West Coast and not writing in my Diary). Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . * I have reesta...
Subscriber growth for this quarter will be more of a focus than it ever has been.
With its reported $9.99 price point and big cash to spend on new shows, AAPL could squeeze the likes of Netflix off the table.
CBS has been a nice winner over the last several years. I sold my position at $51-$52 earlier in the year (the stock was on my Best Ideas List for several years) and I would not bottom fish with the stock -$2.70. From my perch the combined entity (V...
A drop in shares doesn't necessarily mean it's time to turn the channel on Viacom, as details of expected merger with CBS will prove 'paramount.'
Armed with Showtime, lots of cartoons and other mainstream shows, the CBS/Viacom merger appears to fit in between Disney Plus' family-friendly shows and Netflix's darker offerings -- but expect some drama for investors.
Viacom shareholders may finally be rewarded this week for their patience.
Collateral damage from the trade war is clearly causing ripple effects across global markets.
Let's look at the charts of VIAB this afternoon.
I recently sold CBS shares at $51-$52. Since then CBS stock has retreated to $47.25. I have maintained the stock on my Best Ideas List because I intended to reestablish my long under $46.50. However, given the turmoil at Viacom (which I anticipated ...
If you can survive this hell week you can pretty much survive anything.
We never thought, 24 hours ago, that it could possibly be this good.
Apple shares could use another jolt. A blockbuster buyout would certainly do the trick.
Apple hasn't answered all of its critics after Monday's presentation.
What would the people who help determine AAPL's stock price really want?
Leading investment experts highlight their top ideas for exposure to the media sector.
The selloff in Alphabet presents opportunity, and I think this cash machine is ripe for a small long position.