Should You Invest in ViacomCBS?

PHOTO CREDIT: ViacomCBS

OVERVIEW

ViacomCBS Incorporation is a company based in the United States. The company offers a wide range of entertainment products in markets around the world. The company produces news and sports broadcasts, TV shows, movies, and many other forms of entertainment. The company was founded in 1986.

Why You Should?

  1. ViacomCBS is a great reopening play in an investor’s portfolio. The company saw some headwinds in the production of new movies and shows due to pandemic restrictions around the world. However, once the pandemic is over, the company will continue to produce new content for its audience. This will also benefit investors.

Why You Should Not?

  1. The company faces tough competition in the entertainment industry. Some of these competitors include Fox, Disney, Netflix, and many others. This competition might hurt the company and its investors in the future.

MY OPINION

I think that ViacomCBS is a decent long-term investment option due to its position as a good reopening play, positive impacts from the pandemic, its release of a DTC platform (Paramount+), and its position as a cheap investment option. However, tough competition, the Bill Hwang investment failure, and better investment options might hurt the company and its investors in the future.