In the case of Viacom, there's nervousness among the content creators because of the cord cutters. There's nervousness in Viacom because of the recent flops produced by Paramount Pictures. And then there's the ongoing uncertainty with the corner office.
This is creating an opportunity for investors like me. I think content is king and Viacom is producing a lot of content. I'm currently watching the stock in this company to try to determine where the next bottom is. And what I'm seeing is support for VIAB in the $35-$37 area so that's where I'll put my buy points. At that price I believe I can get an estimated 30% increase on my investment over the next year along with a 4% growing dividend. And that would be a sweet deal.