It is crazy how cheap media firm ViacomCBS (VIAC) got in the early part of last year. I mean, the CBS and Paramount Pictures owner last featured here back in May 2020. It traded for circa $19 a share at the time. Prior to that, it was covered in late…
ViacomCBS (VIAC)
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I made the value case for ViacomCBS (VIAC) stock around two months back. At the time, the owner of Showtime, Nickelodeon and MTV traded for about $16 per share, or some 15% below the current $19 stock price. It is strange to think that the CBS/Viacom merger only completed last…
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Media firm ViacomCBS (VIAC), the owner of assets such as Paramount Pictures, CBS and Nickelodeon, is one in a long line of stocks now priced for destruction. It trades for 3x pre-COVID estimated 2020 underlying earnings of around $5.30 per share. That isn’t a typo by the way; the company’s stock has…