VIACA - ViacomCBS: A Great Streaming Pick For Income Investors
- Overall, this has been a solid quarter. The company has solid financials, plenty of cash to keep investing and the dividend looks safe with a payout of 23.64%.
- The stock plummeted over 65%, but nothing has changed. The company now has much more cash than it did on Q1 and the economy is reopening.
- $47 is my PT and $40 is my PT with margin of safety (15%). Hence, between $40 and $47 the company is a buy, under $40 is a bargain.
- I will be discussing any further movements in ViacomCBS (offerings, earnings reports, M&A, etc) on Twitter, as always.
For further details see:
ViacomCBS: A Great Streaming Pick For Income Investors