Prev Close | 29.35 |
Open | 29.00 |
Day Low/High | 27.62 / 29.64 |
52 Wk Low/High | 27.84 / 101.97 |
Volume | 16.86M |
Prev Close | 29.35 |
Open | 29.00 |
Day Low/High | 27.62 / 29.64 |
52 Wk Low/High | 27.84 / 101.97 |
Volume | 16.86M |
Exchange | NASDAQ |
Shares Outstanding | 647.41B |
Market Cap | 22.68B |
P/E Ratio | 21.00 |
Div & Yield | N.A. (N.A) |
Street bull - and my buddy in East Hampton, LI - Jessica Reif reduces target from $53 to $39 and moves from buy to neutral - citing that her previous bullish thesis was based on the company being a potential attract target amid a wave of media conso...
Goldman Sachs lowers its ViacomCBS price target from $65 to $54. As you can see in the EPS revisions in the chart below - the 2022/23 downgrades are meaningful, reflecting higher than expected streaming content spend: ViacomCBS Inc. (VIAC): 4Q21 R...
I'm going to try to trade my way out of the entertainment giant as I'm out of patience with the soon-to-be Paramount Global.
* I sold out my entire VIAC position - common, preferred, calls and short puts - on Monday as I was fearful of a miss to profits * The company's results raise the issue of "profitless prosperity" in streaming * Everyone's new "value play" is looking...
There is a good reason, if estimates are close, to believe that consumer-level inflation has peaked or is peaking.
* Higher streaming costs will likely lead to weak 4Q2021 EPS results - to be reported tomorrow - and will likely dull and limit overall EPS growth in 2022-24 * Barring a merger, which seems increasingly unlikely - see below, the shares could be rang...
* Phew! Here is a review of my trades today: * I covered my short and actually went long (on average $452.84) some SPY against my short SPY calls - as it was premarket and puts/calls were not trading! - bringing me back to market neutral. * I adde...
Still out of the office. But I made some moves on whoosh lower: - Covered short with a big profit and moved back to market neutral - Selling a large portion of my Viacom long, adding to .
* For now it is "profitless prosperity" as streaming industry content costs will weigh on Viacom and other companies' profitability * Viacom's 4Q2021 EPS report will likely be weak and EPS could be pressured further in 2022 As a long-time investor...
The PlayStation maker likely will introduce a subscription service later this year, hence the planned buyout of "Destiny" developer Bungie.
NFLX may be able to maintain its prime position, but its crown appears not as safe as it once was.
NFLX is growing, but it's not a 'growth' stock and had been priced like one. That's over.
ViacomCBS continues to be the "world's fair."
There are other areas to trade as well, but know what you are trying to accomplish.
We're seeing laggards rise, while some S&P stars are sliding.
We don't know where the market will be a year from now, but we will have plenty of ups and downs to trade if we stay focused.
Added to , and . (If nothing else I am consistent).
Fiscal and monetary policy is no longer unbounded and we're likely well past the points of peak economic activity and peak liquidity.
There are numerous reasons why I selected DIS, and the day that nobody lives in fear of the pandemic any longer... everyone is going to Disney World. I mean everyone.
* The setup for 2022 is far different than 2021. * After a lengthy period of unbounded fiscal and monetary largesse we are exiting peak economic activity and peak liquidity * Sell strength and buy weakness? * The growth and narrow market performance...
Morgan Stanley reiterates a market neutral position on ViacomCBS , lowering target price from $42 to $37. The price target represents a reasonable 8x 2023 EBITDA. Morgan Stanley's bull case on VIAC yields a price target of $52 share. To the broke...
I have added to , and .
* I have covered my short at $467.41. * I covered my short at $157.94. * Broad-based increase in my and individual cannabis names. * Added to at $30.36. * Added to at $59.90. * Bidding for more under the market.
Added to at $61.87 and to at $31.08. Shorted more at $468.87.
I honestly want to aggressively expand my ViacomCBS and cannibas exposure right here, right now - at today's prices. My investment thesis on ViacomCBS. And on cannibas - here is the key to the "SAFE": A Pathway to Pardons ¿¿ ¿@weldon_angelos¿ ¿@D...
ViacomCBS in The Hollywood Reporter today.
It appears that the wallstreetbets/reddit community is rediscovering ViacomCBS .
In case you missed it, I posted this late in the day about ViacomCBS in the Comments Section: dougie kass • 12 hours ago Viacom insider buys after close: Bakish 39,855 shares VP jones 1868 shares VP Phelps 2629 shares VP Phillips 3,288 shares VP lea...