ViacomCBS Allocation Increased in the SMA Portfolio

By on February 21, 2020

ViacomCBSDisappointing quarterly results has created an opportunity to increase the position size of the ViacomCBS (VIAC) in the SMA Portfolio. VIAC currently yields approximately 3.3% and trades at a PE of about 5.

While the overall U. S. stock market has recently been hitting new highs, value stocks have been underperforming dramatically. ViacomCBS is considered by many to be the most undervalued large cap stock in the US. For value investors this appears to be an opportune time to add to this name.

Cash available was used to increase the allocation to VIAC in the SMA portfolio from 0.6% to 2.3%. VIAC was purchased at $28.93.

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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