 The Barchart Chart of the Day belongs to the media company ViacomCBS (VAIC). I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 11/5 the stock gained 129.72% ViacomCBS Inc. operates as a media and entertainment company worldwide. The company operates in four segments: TV Entertainment, Cable Networks, Filmed Entertainment, and Publishing. The TV Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and streaming subscription services. This segment also operates CBS Sports Network, a 24/7 cable program service that provides college sports and related content, as well as broadcast television stations. The Cable Networks segment creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, basic cable networks, international broadcast networks, and free streaming TV platform, as well as for licensing to third parties. The Filmed Entertainment segment develops, produces, finances, acquires, and distributes films, television programming, and other entertainment content. The Publishing segment publishes and distributes adult and children's consumer books in printed, digital, and audio formats; develops special imprints and publishes titles based on the products of the company, as well as of third parties; and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. The company was formerly known as CBS Corporation and changed its name to ViacomCBS Inc. in December 2019. ViacomCBS Inc. was founded in 1986 and is headquartered in New York, New York. 
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. Barchart technical indicators: - 100% technical buy signals
- 340.44+ Weighted Alpha
- 211.17% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 38.07%
- Relative Strength Index 77.62%
- Technical support level at 70.40
- Recently traded at 71.88 with a 50 day moving average of 50.44
Fundamental factors: - Market Cap $43.77 billion
- P/E 15.87
- Dividend yield 1.40%
- Revenue expected to grow 8.90% this year and an additional 2.40% nex year
- Earnings estimated to increase 7.60% next year
- Wall Street analysts issued 3 strong buy, 5 buy, 17 hold and 4 sell recommendations on the stock
- The individual investors following the stock on Motley Fool voted 357 to 83 that the stock will beat the market
- 43,650 investors are monitoring the stock on Seeking Alpha
The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stock are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis. | 
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