S&P Capital IQ Picks CBS Corp.

Published on Monday, 06 February 2012 13:51 Written by TradersHuddle Staff

Focus Stock of the Week

NEW YORK, Feb. 6, 2012 /PRNewswire/ -- CBS Corp. 'B' shares (NYSE: CBS: $29) have been picked by S&P Capital IQ as its Focus Stock of the Week.  CBS carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.  

"While CBS remains a likely strong beneficiary of an expected U.S. macroeconomic rebound, we believe a strong senior management team has made concrete early progress toward diversifying its revenue base," said Tuna Amobi, equity analyst at S&P Capital IQ.  "For example, the company recently began to aggressively cultivate and exploit higher-margin, non-traditional revenue streams such as through emerging platforms; retransmission consent and reverse compensation; digital local media; and international syndication." 

To view a video of Mr. Amobi discussing CBS paste the following link into your browser. 

http://link.delvenetworks.com/media/?mediaId=a4b9e1054dd84ca78b7e12c2b06e30bf&width=480&height=321&playerForm=LVPPlayer&autoplay=true

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