Paramount Global has been going through mixed speculations over the past days. The company enjoyed a
3.9% surge after its last Earnings Report and continued outperforming competitors on active trading days. It earned more attention when New Age Alpha Advisors LLC bought 1,940,000 shares, and
Loomis Sayles & Co. L P maintained stock holdings worth $40.32 million. These actions have resulted in great momentum surrounding the company. Despite rumors of legal issues surrounding Paramount's $8B merger, optimism remains as certain investors see Paramount as an attractive Arbitrage Play and a top-ranked Value stock. Furthermore, believers in Paramount assert it's the best Entertainment and News and Digital Media Stock to invest in, even amidst falling markets. However, bears maintain a cautious attitude with UBS retaining a sell rating and an $11 target. Some uncertainty follows the
announcement of a dividend and question marks over Paramount/Skydance deal. Still, Paramount is seen as a strong buy among value, momentum, and streaming service stocks alike. Despite going through a 31% plunge last year and a slip in the college football field, Paramount maintains a strategic edge in robust content creation.
Paramount Global Stocks News Analytics from Mon, 08 Jul 2024 07:00:00 GMT to Sun, 30 Mar 2025 01:55:05 GMT -
Rating 3
- Innovation -2
- Information 7
- Rumor 4
