Archive for September, 2015

CBS Musings – Update

September 21st, 2015

At the time of our last update, CBS was trading at $50.34, now its $42.71.  CBS market cap dropped from $22.4B to $19B.  Its 52 week price range is $40.75 to $63.95.

What happened?  The China meltdown/devaluation and the Federal Reserve decision to keep interest rates unchanged in September.

Although we need to be careful not to catch a falling knife, we believe the bottom is in on CBS.  We like this stock for day/swing trades (long) and expect it to trade in a range of $41.50 to $44.50 over the short term.  Results of these trades will be posted on Twitter @GrowthSavvy.

CBS pays a dividend of 1.4%, has short interest of 3.35% and has a trailing PE of 18.

Twitter Musings – The Twitter Tattoo Challenge

September 14th, 2015

Twitter_birdAfter in-depth research this weekend I am so convinced Twitter will not be bought out by Google, Facebook, Apple, Microsoft or Amazon, that I am issuing the Twitter Tattoo Challenge:  If Twitter gets bought out, I will get my first ever tattoo (the Twitter logo) live on periscope…….but only if this hashtag goes a little viral…so please help with that.  #TwitterTattooChallenge

 

Twitter Musings – Screen Real Estate

September 10th, 2015

There are many reasons why Twitter will survive and thrive, but the example below (from Bloomberg) is the most important.  The sharing of news and events has consolidated down to two majors, FB and TWTR.Screen Shot 2015-09-10 at 7.34.54 AM