CBS - CBS Corporation

NYSE - NYSE Delayed Price. Currency in USD
51.69
+0.77 (+1.51%)
At close: 4:03PM EST
Stock chart is not supported by your current browser
Previous Close50.92
Open50.99
Bid0.00 x 1100
Ask52.20 x 1400
Day's Range50.60 - 51.69
52 Week Range41.38 - 59.59
Volume3,410,480
Avg. Volume3,223,422
Market Cap19.277B
Beta (3Y Monthly)0.99
PE Ratio (TTM)10.06
EPS (TTM)5.14
Earnings DateFeb 13, 2019 - Feb 18, 2019
Forward Dividend & Yield0.72 (1.42%)
Ex-Dividend Date2019-03-08
1y Target Est61.93
Trade prices are not sourced from all markets
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  • Why Keeping NFL Rights Looks Like Do or Die for CBS
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  • InvestorPlace2 days ago

    6 Hot Stocks For Goldman Sachs’ New Investing Strategy

    The tide is turning. Goldman Sachs is now calling an end to an investing strategy it first recommended two years ago."For the past two years we have consistently advocated buying strong balance sheet stocks, but we believe the risk-reward has shifted in favor of closing this recommendation," Goldman Sachs' equity strategist David Kostin wrote on Feb. 8. "We no longer recommend strong balance sheets."These "strong balance sheet" stocks include major names like Facebook (NASDAQ:FB), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Costco (NASDAQ:COST). So far this strategy has done very well for investors. Goldman Sachs' basket of 50 strong balance sheet stocks outperformed weak balance sheet stocks by 25 percentage points since early 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever the Federal Reserve's recent dovish commentary indicates that the hiking cycle may have come to an end. This should ease pressure on corporate balance sheets -- leading Kostin to say: "Our recent research showed that strong balance sheets are among the worst performing factors during the 12 months following the end of Fed hiking cycles, when U.S. Treasury yields typically also decline." * 7 Healthy Dividend Stocks to Buy for Extra Stability Plus the firm's optimistic outlook for the economy is also a boost to weaker balance sheet stocks. Investors tend to rotate to strong balance sheet stocks in times of weak or decelerating economic growth. So which stocks should you be looking at now? Here are six stocks from the firm's weak balance sheet basket. I also use TipRanks' data to see what the analysts are saying about these picks.Let's take a closer look now: Stocks To Buy: Delta Airlines (DAL)Despite the government shutdown costing Delta Air Lines (NYSE:DAL) $25 million in revenue for January, this stock still gets the thumbs up from the Street.The airline carrier recently reported fourth-quarter earnings that beat expectations thanks to strong travel demand. Delta's total revenue rose to $10.74 billion during Q4, up 5% year-over-year."2018 was a successful year for Delta with record operational reliability, increasing customer satisfaction, and solid financial results in the face of higher fuel costs" said CEO Ed Bastian. "As we move into 2019, we expect to drive double-digit earnings growth through higher revenues, maintaining a cost trajectory below inflation, and the modest benefit from lower fuel costs."As Tigress Financial's Ivan Feinseth (Track Record & Ratings) notes, a strong economy, low unemployment and increases in consumer spending are driving record levels of airline travel.That's reflected in the company's strong buy consensus and 21% upside potential.Want to learn more about Delta? Get the free DAL Stock Research Report. AT&T (T)AT&T (NYSE:T) is a leading provider of IP, broadband, video and wireless services. And through its recent Time Warner acquisition it is now a top-four producer of content globally.2019 is about positioning for better services growth in 2020 and beyond, says Oppenheimer's Timothy Horan (Track Record & Ratings). Horan, like most of the Street, currently has a buy rating on T stock. His bullish call comes with a $41 price target for 38% upside potential.T stock has the ability to integrate its services in unique ways and hassubstantial room to use virtualized technologies to greatly reduce operating and capital expenditures. "We believe that combined with TWX, FCF/share could grow 6% per year" writes the analyst. * 10 Smart Money Stocks to Buy Now Overall, T has a strong buy consensus with 11 buy ratings vs just three hold ratings. Get the T Stock Research Report. Mylan (MYL)If you haven't heard of Mylan NV (NASDAQ:MYL) before, listen up. This is a global healthcare company making high quality medicines available to everyone who needs them. In fact, Mylan is the U.S.'s second largest provider of prescription medicine with over 650 different products, including the EpiPen.One product in particular is generating attention right now. That's asthma drug Advair. "Long awaited generic Advair approval comes and at a key time" cheered RBC Capital's Randall Stanicky (Track Record & Ratings) recently. While overdue, MYL received FDA approval for its generic Advair (Wixela Inhub) on Jan. 30. Shares jumped 7% on the news.Stanicky has a buy rating on the stock with a $50 price target, suggesting 56% upside lies ahead. "MYL remains one of the 'cheapest' generic stocks" enthuses the analyst. That's because its high-value pipeline comes with push-back over (i) low P&L visibility and (ii) governance concerns.That said, valuation is very compelling with multiple catalysts that could surprise to the upside. Bottom line: "Stronger remaining core base combined with emerging complex generic pipeline should position shares for an upward move."However not all analysts are so positive. The Street is currently divided between buy and hold ratings. Get the MYL Stock Research Report. CBS Corp (CBS)Even though mass media stock CBS Corporation (NYSE:CBS) just reported a Q4 earnings miss, analysts are staying firmly on side. From top analysts the consensus remains a strong buy. Plus, CBS shares are up 15% since the beginning of this year.Top Barrington Research analyst James Goss (Track Record & Ratings) has reiterated his CBS buy rating with a $72 price target. That indicates compelling upside potential of 41%. "We view CBS as one of our best value media ideas" Goss writes.While the lack of syndication deals was largely known going into the quarter, Goss believes consensus had failed to adjust estimates for this high-margin revenue stream. The result: a roughly $100 million revenue and 3-cent EPS miss.But even so, CBS has just announced that it has hit its 8 million OTT subscriber goal. Prepare yourselves, because this is about two years ahead of schedule. * 7 Financial Stocks With Accelerating Growth "At this point, even with the uncertainty at the top and the potential for M&A, CBS trades at a paltry 7x 2019E OIBDA, at a discount to our broadcast affiliate peer group despite owning better stations and all of the content, plus a thriving OTT business" concludes the analyst. Get the CBS Stock Research Report. General Motors (GM)"Motoring into 2019" cheers RBC Capital's Joseph Spak (Track Record & Ratings). He made the comment following the General Motors Company's (NYSE:GM) solid 4Q18 earnings results.The details of the quarter -- which were strong -- should lead investors to have more confidence in 2019 EPS says Goss. For example, management guided the tax rate to 16%-18% versus the expected 20%.Plus the analyst continues to view GM's transformation as underappreciated. "Recent restructuring actions that should lead to ~$4.5bn savings run-rate in 2020 significantly improves GM's positioning" he writes.And it seems like the Street agrees. If we zero in on top-performing analysts, we can see GM holds only buy ratings right now. Get the GM Stock Research Report. Allergen (AGN)Botox maker Allergan (NYSE:AGN) is one the highest-quality companies in the Pharma industry. It is also one of the most-innovative. Allergan is currently advancing a number of key pipeline products through late stage clinical trials, including new oral drugs for migraine, rapastinel for major depressive disorder and CVC for NASH.However shares have underperformed, with prices sinking 15% in the last year. That's down to a disappointing revenue outlook for 2019 and increasing competition for drugs including botox.Plus billionaire hedge fund manager David Tepper is now suggesting the company should sell itself. His Appaloosa hedge fund owns 1.5 million shares in AGN -- down 842,591 shares from Q3. So far Allergan has refused Tepper's suggestion to split the chairman and CEO roles, currently held by Brent Saunders.However, analysts still see a buying opportunity at hand. Mizuho Securities' Irina Rivkind Koffler (Track Record & Ratings) is a top-rated analyst according to TipRanks. She has a buy rating on the stock with a $200 price target. That indicates 45% upside potential from current levels. Koffler cites the company's 4Q18 top and bottom-line beat, down to better Restasis durability, share buybacks and strong injectables. * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? "We valued AGN solely via DCF analysis of 2018-2025 cash flows. We utilize a weighted average cost of capital of 11% and a 3% terminal growth rate. This analysis generates a valuation of $213 per share, and supports our Buy rating" explains the analyst. Get the AGN Stock Research Report.TipRanks.com offers exclusive insights for investors by focusing on the moves of experts: Analysts, Insiders, Bloggers, Hedge Fund Managers and more. See what the experts are saying about your stocks now at TipRanks.com. As of this writing, Harriet Lefton did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post 6 Hot Stocks For Goldman Sachs' New Investing Strategy appeared first on InvestorPlace.

  • CBS Corporation Announces Redemption Of 2.300% Senior Notes Due 2019
    PR Newswire3 days ago

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    NEW YORK , Feb. 20, 2019 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced the full redemption of its outstanding 2.300% senior notes due August 15, 2019 . The redemption date is March ...

  • CBS Corporation Announces $500 Million Senior Notes Offering
    PR Newswire3 days ago

    CBS Corporation Announces $500 Million Senior Notes Offering

    NEW YORK , Feb. 20, 2019 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced the pricing of a debt offering of $500 million of 4.200% senior notes due 2029. The sale of the senior notes ...

  • CBS Corp. Is a Buy
    GuruFocus.com3 days ago

    CBS Corp. Is a Buy

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  • Moody's3 days ago

    CBS Corporation -- Moody's assigns Baa2 rating to CBS Corporation's proposed notes issuance

    Moody's Investors Service ("Moody's") assigned a Baa2 rating to CBS Corporation's ("CBS" or "the company") proposed senior unsecured notes offering of benchmark size and maturity. The outlook factors in our assumption that CBS will continue to defend its market position by continuing to invest in its businesses and produce valuable original content.

  • The 10 Best Cheap Stocks to Buy Right Now
    InvestorPlace4 days ago

    The 10 Best Cheap Stocks to Buy Right Now

    With the market up 18% since the late-December low, the argument that stocks -- at least some stocks -- are back to being overvalued and overbought holds at least a little water. Others argue that the rebound rally has only just begun, and valuation isn't yet a problem.The truth is, as usual, somewhere in the middle of the two extremes.For a surprising number of names, however, it's a debate that's largely irrelevant. Some stocks are simply (still) too cheap to overlook, poised to make gains whether or not the broad market's tide helps out in the foreseeable future. For deeply undervalued equities in anything but a wildly bearish environment, the bigger risk is being on the sidelines rather than in a position.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Financial Stocks With Accelerating Growth To that end, here's a rundown of 10 of the market's best cheap stocks to buy right now. In some cases the per-share price is just oddly low. In other cases, prices compared to earnings are well into single-digit territories. In most cases, both qualities apply. In no particular order…Source: NASA Blueshift via Flickr CBS Corporation (CBS)CBS Corporation (NYSE:CBS) may have missed last quarter's revenue and earnings estimates, but shares rallied following the Q4 report anyway because the television giant improved in a big way where it needed to the most … streaming. By 2022, it should have 25 million streaming customers in tow.It's only a sign of the current paradigm shift in how video is delivered to consumers. It's also the reason we've seen a frenzy of M&A within the film and TV arena, the most notable of which is the Walt Disney (NYSE:DIS) acquisition of Twenty-First Century Fox (NASDAQ:FOXA). CBS has also jockeyed to acquire Viacom (NASDAQ:VIAB).With CBS stock priced at only 7.7 times this year's expected earnings though, the company would also make for a dirt-cheap entry or expansion into the entertainment industry.Source: Karen Neoh via Flickr Air Lease (AL)Air Lease (NYSE:AL) relies on at least a decent economy to drive demand for passenger jets, and recently, investors have seen what they think are too many red flags.Take a closer look at all the data, though, and matters aren't as dire as they may seem. While global economic growth may be running into a near-tern headwind in the wake of plenty of political drama, in the bigger picture, airlines still desperately need new aircraft to satisfy demand. In November of last year, and for the 12 months ending then, enplanements and total miles flown once again reached record levels. Boeing (NYSE:BA) believes that between now and 2037, the world's airlines will take delivery of more than 42,000 new aircraft. * 10 Hot Stocks Leading the Market's Blitz Higher Given that trend and outlook, Air Lease is undervalued at its trailing P/E of just above 5. Micron Technology (MU)Add Micron Technology (NASDAQ:MU) to a list of cheap stocks to buy before it's no longer cheap.It's not an easy idea for some investors to get behind. The ramp-up of computer memory production has created a price-cutting glut, and it took a toll on Micron's most recently-reported quarter's bottom line. The previous quarter's gross margins of 59% were further projected to slip to between 50% and 53%, versus estimates of 55%.This is a cycle investors have seen over and over again, however, with the same end result every time. That is, producers will curtail production, abating supply and restoring pricing power. Rivals Samsung Electronics (OTCMKTS:SSNLF) and SK Hynix, in fact, have already decided to slow their DRAM expansion plans, and Micron has vowed to cut capital expenditures by more than $1 billion this year. It could take a while for tempered production to restore DRAM prices, but trading at only 6.5 times this year's projected per-share profits, MU stock is worth the wait. It has been every time before.Source: Shutterstock Citigroup (C)Citigroup (NYSE:C), like most bank stocks, had a rough 2018, and though it has bounced this year, the 2019 rally to-date has been subpar. The stock is trading at a trailing P/E of 9.6, and a forward-looking earnings multiple of 7.5 … cheap even by current banking stock standards, which have been abnormally low.The reason for the mismatched price and forecasted earnings is understandable enough. That is, enough investors are convinced interest rates are going to become just a little too high against a backdrop of just a little too much economic weakness. The concern is largely manifested in the flattening yield curve, which is particularly problematic for banks. * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? As was the case with Air Lease though (and will be for several others below), the worry isn't fully merited.Source: Flickr NCR Corporation (NCR)You may know the company better as National Cash Register Corporation, even though it changed its name years ago to NCR Corporation (NYSE:NCR). The less-limiting moniker reflect the fact that point-of-sale devices are now much more than a means of completing a sale. Since then, the company has expanded into areas like ATM machines, self-service kiosks and full-blown inventory management platforms.It's certainly a move in the right direction, although it's arguable the market isn't giving the new NCR enough credit. Shares are priced at only 8.8 times this year's projected profits.That might have something to do with the fact that outfits like Square (NYSE:SQ) and Paypal (NASDAQ:PYPL) are encroaching in NCR's turf. It's a legitimate concern too. There's a huge subset of companies, however, that will prefer to do business with a long-established name like NCR.Source: Oleg Zaytsev via Flickr Timken (TKR)Timken (NYSE:TKR) is anything but a household name. The company makes ball bearings and industrial transmissions to supply mechanical power where it's needed in a manufacturing environment.It's anything but a riveting (pun fully intended) business. But, it's a business that's starting to grow in earnest again as America's industrial engine revs. After rolling over in 2015 as the nation started to fully transition to a service-oriented economy, the United States began making more goods again in 2016. It's never looked back. * 9 U.S. Stocks That Are Coming to Life Again The paradigm shift has proven to be a boon for Timken, which has grown revenue at a double-digit pace since early 2017. Better still, the new revenue trend has set the stage for earnings growth this year that translates into a projected P/E of only 8.2. General Motors (GM)There's no denying General Motors (NYSE:GM) ran into a headwind three years ago, when "peak auto" became a reality. Though a victim of its own rampant success -- subsequent comparisons have all looked lackluster -- investors tend to only care about how current results stack up against the recent past.Those investors, however, may be unfairly harsh with their treatment of GM stock and its peers. While it remains unclear when we'll see another automobile purchase growth cycle again, General Motors is still a solid cash cow, yielding 3.9% while it sports a dirt cheap trailing P/E of 7.2.Regardless, the car maker continues to impress regardless of the stock's valuation. Nicolas Chahine commented earlier this month "The 2018 barrage of tariff headlines made GM stock a tough trade as it fell sharply off its January 2018 highs. This year so far it has been the total opposite. GM management clearly gave Wall Street reason to rejoice and buy the stock and investors ate it up. This morning, they backed up their claim…"Source: Flickr Lumentum Holdings (LITE)Don't worry if Lumentum Holdings (NASDAQ:LITE) is an unfamiliar name -- most investors probably haven't heard of it. The company makes communications equipment and industrial lasers, and has a big presence in the fiber optic industry.There has never been a time when the world has needed such high-speed connectivity. As more and more wireless devices compete for a finite amount of radio frequency bandwidth, middlemen are looking for easier and faster ways to offload some of that traffic to physical infrastructure. Fiber optic lines are more than up to the task. * Buy These 5 Stocks to Play the Megatrend of the Century The market doesn't seem to see it yet, pricing LITE stock at a forward P/E of 9.4 despite this year's expected revenue growth of 28% and next year's 27%. As time passes though, Lumentum's role in the future of telecom will become clearer.Source: Shutterstock Terex (TEX)Name any piece of mobile machinery, and Terex (NYSE:TEX) probably makes it. From backhoes to cherry pickers to tracked conveyers to cranes, Terex has solutions for almost any industrial application.That diversity hasn't helped revenue in a while, with the top line peaking in 2014. The stock has been hit-and-miss since then … more misses than hits.The doubters may have overshot their pessimism though, sending TEX stock to a forward-looking P/E of 10.5 following what should be nearly 17% revenue growth for 2018. While sales growth is expected to slow this year, the company more often than not topped sales and earnings estimates in 2018. It may hold a few pleasant surprises in store this year. Capital One (COF)Last but not least, add credit card company Capital One Financial (NYSE:COF) to your list of cheap stocks to consider here.Like Citigroup, Air Lease and others, investors have been fearful that a slowing economy -- maybe even a shrinking one -- could work against Capital One. In fact, rising interest rates could hit Capital One particularly hard in that situation, as its target market of risky borrowers could be the first to underpay of stop payments altogether should the global economic condition sour. * 7 Financial Stocks With Accelerating Growth It's another case, however, where the doubters may have overshot. COF stock is now priced at only 7 times this year's expected profits, making it one of the cheapest stocks to own in the financial sector. The worst-case scenario is more than priced in.As of this writing, James Brumley held a long position in CBS Corporation. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post The 10 Best Cheap Stocks to Buy Right Now appeared first on InvestorPlace.

  • Benzinga4 days ago

    Guggenheim Raises CBS Price Target On Multi-Year Growth Outlook

    CBS Corporation (NYSE: CBS ) provided updated guidance, reflecting combined direct-to-consumer subscribers of 25 million by 2022, high-single-digit revenue CAGR over the next three years and strong content ...

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of CBS earnings conference call or presentation 14-Feb-19 9:30pm GMT

    Q4 2018 CBS Corp Earnings Call

  • TheStreet.com5 days ago

    CBS Shares End Higher Despite Earnings Missing Analysts' Forecasts

    ended Friday higher as the New York-based entertainment company reported earnings that were short of analysts' forecasts but said revenue rose. Analysts had been expecting per-share earnings of $1.54 and revenue of $4.19 billion. For the full 2018 year, CBS said revenue increased 6% to $14.51 billion from $13.69 billion, driven in large part by an 8% gain in political advertising sales from the 2018 midterm elections, which came despite the absence of "Thursday Night Football," which went to Fox Sports last year.

  • Should You Consider CBS Corporation (NYSE:CBS)?
    Simply Wall St.5 days ago

    Should You Consider CBS Corporation (NYSE:CBS)?

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  • Markit7 days ago

    See what the IHS Markit Score report has to say about CBS Corp.

    CBS Corp NYSE:CBS.AView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CBS.A with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CBS.A. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $403 million over the last one-month into ETFs that hold CBS.A are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. CBS.A credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Business Wire8 days ago

    CBS CORPORATION INVESTIGATION UPDATE by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of CBS Corporation - CBS

    Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC , announces that KSF continues its investigation into CBS Corporation .

  • GuruFocus.com8 days ago

    CBS Corp (CBS) Files 10-K for the Fiscal Year Ended on December 31, 2018

    CBS Corp is a media company. It operates businesses within the media and entertainment industries, including cable networks, content production and distribution, television and radio stations, Internet-based businesses, and consumer publishing. The dividend yield of CBS Corp stocks is 1.42%.

  • Benzinga8 days ago

    Analysts Aren't Cutting CBS Despite Earnings Miss

    CBS Corporation (NYSE: CBS ) rose Friday despite posting a fourth-quarter earnings miss Thursday. Content licensing, retransmission and subscription revenue were stunted by sales and renewal timing, and ...

  • Netflix Stock Is All About The Innovator’s Dilemma
    InvestorPlace8 days ago

    Netflix Stock Is All About The Innovator’s Dilemma

    The rally since the December lows has certainly been impressive. But as for Netflix (NASDAQ:NFLX), it has made this bull move look kind of tame. Since late December, the shares have soared from $234 to $360 -- or about 53%.Source: Netflix Now, NFLX stock has a pretty good track record anyway. Consider that for the past decade the average annual return has been a blistering 51.8%!This really goes to how important major changes can be with large markets. It's essentially about the innovator's dilemma -- a concept developed by Harvard professor and entrepreneur Clayton Christensen in the 1990s -- where the incumbents cannot react quickly enough. The main reason is fear of cannibalizing the existing business.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut this can prove fatal. Over the years, we've seen how industries can be disrupted, such as with Amazon.com (NASDAQ:AMZN) in e-commerce, Uber with the taxi cab business and Salesforce.com (NYSE:CRM) with enterprise software.With Netflix stock, the main catalysts for the disruption opportunity have been the availability of high-speed internet access and pervasiveness of smartphones. But there has also been a move towards affordable subscriptions. The result is a secular change in how people consume entertainment content. * 10 Hot Stocks Leading the Market's Blitz Higher The trend is clearly evident with cord-cutting. According to research from eMarketer, about 50 million Americans will abandon cable and satellite TV by 2021, up from 20 million this year.By being a first mover, Netflix has some significant competitive advantages that should last for quite some time. The company's name has become of top-of-mind for streaming. The company also has a lead in critical areas like AI, which has allowed for more effective content creation. And yes, there is the scale of the user base. There are currently about 139 million subscribers across 190 countries. In other words, Netflix is winning the "land grab" of the streaming opportunity.To put things into perspective, look at some of the findings from Lab42, a market research firm. About 89% of streaming subscribers are customers of Netflix and the renewal rate is 93%. By comparison, AMZN's is at 75% and Hulu's is 64%.With high levels of customer loyalty, NFLX has been able to build a substantial recurring revenue stream. It also means the company is in a position to periodically increase the pricing. Bottom Line On Netflix StockNo doubt, there are notable risk factors for Netflix stock. The competitive environment is getting more intense. Some of the rivals include Disney (NYSE:DIS), CBS (NYSE:CBS), Amazon, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Apple (NASDAQ:AAPL).Although, interestingly enough, the most recent Netflix shareholder letter notes that the wildly popular game, Fortnite, is much more of a competitor! The reason is that it is essentially a big draw on people's attention.Another nagging issue is that content development can be dicey. Even with the power of analytics, there could still be a string of flops. Zynga (NASDAQ:ZNGA) is definitely an example of this. Despite having a large user base and large amounts of data, it has had a tough time creating engaging new titles.But for NFLX, there are few signs that the company is losing its touch in creating standout content. For example, its movie Bird Box has been streamed in 80 million homes.True, Netflix stock is far from cheap, with the forward price-to-earnings ratio at 54X. But then again, as we've seen over the years, this hasn't been much of a factor anyway, especially as the company should remain a leader in the disruption of the entertainment market.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Netflix Stock Is All About The Innovatora€™s Dilemma appeared first on InvestorPlace.

  • CBS's Setbacks Are Offset By Smart Streaming Plans
    Bloomberg8 days ago

    CBS's Setbacks Are Offset By Smart Streaming Plans

    CBS’s programming prowess always seemed inextricably linked to Moonves, who remained deeply involved in the creative side of the TV network in a way that other media CEOs aren’t. Removing Moonves from his post will never have not been the right decision. CBS reported fourth-quarter results late Thursday, its first full operating period without Moonves.

  • CBS pursuing NFL to extend contract past 2022
    American City Business Journals8 days ago

    CBS pursuing NFL to extend contract past 2022

    CBS Corp. is championing its case to keep its deal with the National Football League as it fends off the likes of Amazon.

  • CBS Corporation (CBS) Q4 Earnings & Revenues Increase Y/Y
    Zacks8 days ago

    CBS Corporation (CBS) Q4 Earnings & Revenues Increase Y/Y

    CBS Corporation (CBS) fourth-quarter 2018 results benefit from its strong content portfolio across it traditional and over-the-top (OTT) platforms.

  • The Zacks Analyst Blog Highlights: Nvidia, Apple and CBS
    Zacks8 days ago

    The Zacks Analyst Blog Highlights: Nvidia, Apple and CBS

    The Zacks Analyst Blog Highlights: Nvidia, Apple and CBS