Analyst Favorites With Strong Buyback Activity: CBS Corp Ranks As a Top Pick

A study of analyst recommendations at the major brokerages shows that CBS Corp (Symbol: CBS) is the #28 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.

CBS operates in the Television & Radio sector, among companies like Charter Communications Inc (CHTR) which is off about 2% today, and Spotify Technology SA (SPOT) trading lower by about 2.7%. Below is a three month price history chart comparing the stock performance of CBS, versus CHTR and SPOT.

CBS,CHTR,SPOT Relative Performance Chart

CBS is currently trading down about 3% midday Monday.

Top Analyst Picks With Strong Stock Buyback Activity »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics


Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More