Viacom added to the SMA Portfolio

By on October 21, 2019

Viacom chartViacom Inc. (VIAB) was added to the SMA Portfolio today. VIAB now represents approximately 0.9% of the portfolio. Viacom will be merging with CBS sometime in the future. Since the merger announcement both stocks have been poor relative performers. VIAB is approximately 33% below its 52 week high. VIAB was purchased at $22.00 this morning.

VIAB trades at a PE of 6, has an Altman Z-score of 2.5, and its Piotroski F-score is 5 indicating it is financially stable and not in distress.

Disclaimer: It is very challenging to outperform a buy and hold strategy. Historically, investors have found themselves well-served over the long-term by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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