Time To Sell ViacomCBS Stock After 200% Rally?
- Thursday, December 3, 2020, 7:12
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After almost 3.3x rise since its March lows of 2020, at the current price of $36 per share, we believe ViacomCBS stock is overvalued. VIAC stock has increased from $11 to $36 off its recent bottom, much more than the S&P 500 which increased about 60% from its March lows. The stock outperformed…