My ViacomCBS Journey
ViacomCBS (VIAC) is one of my intriguing investment stories in 2020/1. Through that journey, I would like to share with my fellow SA investors some of my takeaways.
In 2020 when I made my first VIAC purchase, my
ViacomCBS: My SOAP Model Guided Me Through Recent Volatility, And I Revisit It Now
Summary
- Guided by my valuation model on ViacomCBS, I weathered an initial 70% drawdown and exited my position recently at a decent profit.
- ViacomCBS, throughout its extreme volatility, remains a powerful and profitable media giant.
- ViacomCBS is currently within the fair price range, and I lay out my next stage game plan.
A private investor | ex-NYSE, Bridgewater, Bernstein.I examine companies at length, skip headlines, and analyze what truly matters. My goal is to be a part of your research process, offer your insights, and project what the future holds.
Analyst’s Disclosure:I/we have no positions in any stocks mentioned, but may initiate a long position in VIAC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
To be precise, I have a residual 10% position in VIAC and intend to increase my position if the price drops to my price target discussed in the article.
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