Stock Tips for Today: CBS Corp.

During the last three days  of the week, the market experienced a significant recovery. In technical terms have not seen a significant improvement. However, there was a rise in percentage favorable. On Friday, the DJ-30 closed at 12,922 points, up 0.11%. The SP-500 increased 0.36% and the Nasdaq Comp. was increased by 0.60%. While these increases are not large, some stocks individually grew significantly.
Our Stock Picks System found several stocks that made good breakouts. Become rich with Breakouts. One such case is CBS Corp. Class B (CBS). On Friday, this stock closed at US$ 30.81 experiencing a rise of o.88%. Its volume was 6.89 Millions of shares, about the same level of what is traded daily. CBS has a Market Cap. of US$ 20 Billions, a P/E of 16.21 and an EPS of 1.90. This company has 649 Millions of shares, of which 81% is owned by institutional investors. The most notable of this sock, is the breakout done and is seen very clearly in a week frame. CBS broke a price base formed from July last year. That is a price structure of 8 months. The stock begins an important way up.

CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, sports, and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; produces and distributes theatrical motion pictures across various genres; and operates online content networks for information and entertainment. Its Cable Networks segment owns and operates multiplexed channels that offers subscription program services, including recently released theatrical feature films, original series, documentaries, boxing, mixed martial arts and other sports-related programming, and special events; and CBS College Sports Network, a 24-hour cable program service related to college sports. This segment also owns and manages Smithsonian Networks, which operates Smithsonian Channel, a basic cable service in the United States. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, audio, and digital formats. Its Local Broadcasting segment owns 29 broadcast television stations; owns and operates 130 radio stations in 28 U.S. markets and related online properties; and owns local Websites that combine television and radio local media brands online to provide the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews. The company’s Outdoor segment sells advertising space on various media, including billboards, transit shelters and other street furniture, buses, rail systems, mall kiosks, stadium signage, and in retail stores. CBS Corporation was founded in 1986 and is headquartered in New York, New York.