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CBS Shares Up 20.1% Since SmarTrend's Buy Recommendation (CBS.A)
Feb 01, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for CBS (NYSE:CBS.A) on November 8th, 2012 at $34.92. In approximately 3 months, CBS has returned 20.12% as of today's recent price of $41.94.
In the past 52 weeks, shares of CBS have traded between a low of $28.97 and a high of $43.10 and are now at $41.94, which is 45% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.8%.
CBS Corporation is a multimedia company that operates broadcasting, television production, and publishing businesses. The Company operates television and radio stations, produces and syndicates television programs, publishes books, provides online content as well as provides outdoor advertising.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of CBS shares.Log in and add CBS (CBS.A) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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