ViacomCBS Inc. Class B (VIAC)

Prev Close 37.78
Day Low/High 36.93 / 37.86
52 Wk Low/High 27.40 / 101.97
Exchange NASDAQ
Shares Outstanding 646.52B
Market Cap 24.43B
P/E Ratio 21.00
Div & Yield N.A. (N.A)

Latest News

Largest Longs

My second largest long is now .  As mentioned previously, my largest long is  .

3 Long Adds

I have added to the following longs - , and .

Adding to 4 Longs

I have also added to the following longs: , , , and .

Several New Moves...

I sold an odd lot of November $324 calls short at $8.20. Frankly I don't like the entry price here and I am hopeful that the market rallies and I will leg into more. In addition:  - I have added to at $139.50. - Adding to and longs. - I just covered...

Going Longer ViacomCBS and Cannabis

I've added to ViacomCBS , Tilray , ETFMG Alternative Harvest ETF and AdvisorShares Pure US Cannabis ETF

My Stock of the Year for 2022 (By Far!) Is ViacomCBS

* VIAC trades at only $40/share compared to a 'sum of the parts' value of $75/share * Viacom's operating results in 2022-23 will likely exceed consensus expectations * With a 12-month downside of only about -$3/share and upside of at least +$25/shar...

Tuned In to More VIAC

I'm adding to ViacomCBS at $40.42.  

The Reward vs. Risk In Viacom Is Very Attractive

My largest position is Viacom .   Despite my analysis that a deal with Comcast is increasingly likely (albeit in late 2022/early 2023), my Gnome, high above the Alps, has been hearing that a large technology company (I'm guessing Apple , Google or A...

Streaming Right Along

Streamers are hot today. Adding to Viacom common now.    

Desperately Seeking Viacom

Given the improving fundamentals and the optionality of a takeover, I want more leverage to the upside in Viacom over the next year. As a result, I have converted my entire common stock position in ViacomCBS into a larger and more leveraged call pos...

Tweet of the Day (Part Four)

ViacomCBS's  chart looks bueno: $VIAC has one of the nicest base / consolidation that we've seen in a long time and it still offers decent premiums when we short #options. We'll continue to do it for next week by shorting:$VIAC PUT OCT (1 OCT) 39 @ ...

ViacomCBS Presents

ViacomCBS appeared at the Goldman Sachs conference today: Presenters: Robert M. Bakish, President and CEO, presented at the 30th Annual Communacopia Conference. Bottom Line: ViacomCBS gave a positive update on the outlook for its Paramount+ service,...

Quiet on the Front

It has been a quiet day on the trading and investing front.  I increased my call short position on early strength, and added to my SPY put short position on the pullback.  I also added to ViacomCBS and Newmont Mining .

Adding to VIAC

Buying/bidding for more in premarket trading.

Adding to ViacomCBS

Based on my research input this week (improving fundamentals), I am now adding to my at $40.22 and raising my buy level to $40.50 from about $38.

Just in Case

Buying Viacom calls -- "just in case."

Buying More VIAC

As noted yesterday I am accelerating my ViacomCBS buying on weakness.

Small Long VIAC

Though slightly above my buy level of $37.50, I have reestablished a small long in ViacomCBS at $38.85. I have a scale lower to buy - getting more aggressive the lower the stock goes.

ViacomCBS Takeover?

I posted this late yesterday afternoon.  Again, if accurate, it confirms my concern that there may be no ViacomCBS   takeover until 2023, at the earliest: Sep 01, 2021 ' 05:15 PM EDT DOUG KASS Subscriber Comment of the Day (Part Deux) This is import...

ViacomCBS Preferred Position

Though I recently sold my ViacomCBS common, this morning the ViacomCBS preferred traded back into my buying range and I picked up a small position. Besides the global media franchise, I am attracted to the 8.5% yield.

Subscriber Comment of the Day (and My Response)

I am now out of ViacomCBS .  Tom  Dougie, re: VIAC. Liz Clayman had on Charlie Gasparino yesterday. Charlie said private equity may be a player for VIAC, but that it would likely, due it's size, require a joint venture. dougie kass Tom  thank you fo...

I'll Be Out of ViacomCBS by Day's End

With the market clearly moving in the short term from growth to value, ViacomCBS may continue to get a bid as a beneficiary of that rotation. The shares were just mentioned positively on Fast Money Halftime.  But, given my view on the likelihood of ...

Reducing VIAC

I am further reducing my ViacomCBS holdings on the strength:  Aug 24, 2021 ' 10:38 AM EDT DOUG KASS Reducing ViacomCBS As recently discussed, my expectation is that ultimately Comcast (CMCSA) is the groom to bride ViacomCBS (VIAC) But, also as forec...

Reducing ViacomCBS

As recently discussed, my expectation is that ultimately Comcast is the groom to bride ViacomCBS   But, also as forecast, this would likely a late 2022/early 2023 event.  VIAC is quite a valuable media franchise, but given these expectations - combi...

A Viacom Acquisition May Be Delayed Until Late 2022

* I continue to be of the view that in a setting of accelerating industry consolidation, Viacom/CBS is an extraordinarily valuable media franchise * This week's announcement of a European streaming deal between Comcast and Viacom may very well incre...

Discretion Is the Better Part of Valor

I just sold my short dated ViacomCBS calls into the ramp today. I am not a fan of directional call buying and felt uncomfortable paying the relatively large premium. It is my continued view that a technology company will ultimately buy ViacomCBS and...

I Wouldn't Be Surprised...

With Viacom going to the whip, I would not be surprised if laggard Discovery plays "ketchup."

From The Street of Dreams

Wells Fargo moves from neutral to overweight on ViacomCBS and raises its price from $45 to $60. Analyst Cahill cites that VIAC's streaming efforts are "bearing fruit and have impressed us" and he is moving from being "an historical bear to a constru...