ViacomCBS Inc. (VIAC)

12.43
NASDAQ : Consumer Services
Prev Close 12.76
Day Low/High 11.92 / 13.12
52 Wk Low/High 10.10 / 53.71
Avg Volume 12.82M
Exchange NASDAQ
Shares Outstanding 561.47M
Market Cap 8.02B
EPS 5.40
P/E Ratio 1.66
Div & Yield 0.96 (6.57%)

Latest News

Top 10

* Financials and Tech dominate my top individual holdings I have been continually buying the weakness in Facebook . The shares have recently moved into my Top 10 individual long holdings. Alphabet and Amazon - two other FANG components - reside in t...

PENN Sold, Adding to 5 Others

I sold out my trading long rental on Penn Gaming  based on the announcement of a refinancing. More later. I added to , , , and this morning.

Mission Impossible?

* I am adding further to VIAC From Stifel (who is bullish on the ViacomCBS unsecured debt offering) Note (in boldface) the optionality of VIAC selling out to a larger tech or strategic player with substantially greater financial resources: ViacomCBS...

Subscriber Comment of the Day

In trying to understand the weakness in ViacomCBS over the last two months, I have mentioned National Amusements as a possible seller (they were not!). In The Great Decession of 2007-09 I believe the Redstone family (largest shareholder of VIAC) had...

Managing Volatility, Watching Jobless Claims and Trading Notes

Managing Volatility, Watching Jobless Claims and Trading Notes

Profiting from Zoom, adding to Verizon and watching Microsoft as we wait for data on employment and how the fiscal support bill will play out.

Some Morning Observations

* At the current price of about $151, I cannot easily find such an attractive entry point as Goldman Sachs . (Was -$7 and now almost flat after being +$19 Tuesday). * In just a few minutes just rallied by more than +$2 from my incremental purchase! ...

Now Comes the Hard Part

Should the stock market continue to follow through after Tuesday's historic advance traders and investors will be faced with some tough decisions: * Does one sell off the trading layer of our portfolios? * Should we maintain our longer term investme...

The Best Bounces Occur in Bear Markets

The Best Bounces Occur in Bear Markets

But don't get caught thinking volatility is in the past and we're all clear.

I See a Smorgasbord of Possible 'Generational' Opportunities: Constructing an Investment Portfolio for the Next 1-3 Years

* Before you read this opening missive be sure you understand your risk appetite and profile as well as your time frame * I see a possible "generational" investment opportunity developing and I am now even more aggressively buying for the intermedia...

Buys Today

, , , , , , , , , .

VIAC Insider

Insider (Redstone) buying in ViacomCBS  last week - at prices much higher than the current price.

Adding to 6 Stocks

I have added to  , , , , , longs this morning.

TGIF

Thanks so much for reading my Diary today and all week. I hope you found value in my musings (ex-ViacomCBS ). I am pleased that we had respectful debate on the markets and our respective methodologies in our Comments Section. That's a good thing. En...

Restating the Objectives of My Diary

"You've got to be very careful if you don't know where you are going because you might not get there." -- Yogi Berra For 23 years I have endeavored to write hard-hitting, non-consensus and contrarian analysis that is transparent and, hopefully, prof...

Market Structure Will Haunt Our Markets Throughout the Year

* The S&P Index will likely record its first down week since my Bar Mitzvah * The first (mini) 'Flash Crash' occurred on Thursday - there will probably be more to come in 2020 * Too many (especially of an ETF- and Risk Parity - kind) are on the same...

Jim Cramer: The Market Took a Breather. Expect More to Come

Jim Cramer: The Market Took a Breather. Expect More to Come

While some 'pruning' can be necessary, Thursday was a strange day to get clipped.

Research Next

Thanks for reading my Diary today. As I write the market has continued to rally - and now S&P futures are an even 30 handles above the morning's lows. Market breadth (18-11) is almost exactly where it stood an hour ago. I am immersed in better under...

My Recent Moves

I thought it might be helpful to briefly summarize some of my more meaningful moves in the market over the last few weeks: * I eliminated Goldman Sachs around $240 (my year end 2020 target price) and reduced the size of my , and longs. Lower interes...

VIAC Trade

Despite my continued protests, Mr. Market continues to climb with dip buyers conspicuous and relentless in their actions. Breadth is a good 2-1 advancers over decliners. My only trade today was the purchase of more ViacomCBS at an average cost of $3...

Down Goes VIAC

ViacomCBS miss and weaker guidance is materially impacting the stock. I will be working on this one most of the day.

Checking VIAC

ViacomCBS is at an important technical juncture now ($35.70).

More Trades

In addition to adding to , I have added to my short at $357.11 and to my short at $325.06.

Today's Trade

I added to ViacomCBS under $35.

VIAC Buyers

I am seeing multiple large, vanilla institutional buyers in ViacomCBS all day.

On Becoming Risk-Averse, Sinking Baltic Dry Index, Fed Speak, Trading iQIYI

On Becoming Risk-Averse, Sinking Baltic Dry Index, Fed Speak, Trading iQIYI

We play the game in front of us. We try to excel in the environment provided.

New Buy (and Short) Levels

* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." - Walter Deemer "When the t...

Friday Morning Update

Good morning and welcome to this Friday edition of Doug's Daily Diary! I'm Chris Versace, and I will once again be sitting in for Doug. We've got a number of earnings reports to be had this morning, including Canada Goose , CNH Industrial   and a fe...

Now, I Look to You for the Answer...

Question to subs and contributors: Does anyone know why ViacomCBS is trading higher in the after market? I don't see anything. If you know, please comment in our comments section.