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Relatively High Forward Earnings Yield Detected in Shares of Viacom Inc-B in the Movies & Entertainment Industry (VIAB, RDI, CNK, MCS, FOX)

By David Diaz

Below are the three companies in the Movies & Entertainment industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Viacom Inc-B ranks highest with a forward earnings yield of 16.8%. Following is Reading Intl-A with a forward earnings yield of 11.4%. Cinemark Holding ranks third highest with a forward earnings yield of 7.1%.

Marcus Corp follows with a forward earnings yield of 6.0%, and Twenty-First - B rounds out the top five with a forward earnings yield of 5.6%.

SmarTrend recommended that subscribers consider buying shares of Viacom Inc-B on November 19th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $23.44. Since that recommendation, shares of Viacom Inc-B have risen 3.3%. We continue to monitor Viacom Inc-B for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward earnings yield viacom inc-b reading intl-a cinemark holding marcus corp twenty-first - b

Ticker(s): VIAB RDI CNK MCS FOX