CBS Corporation (NYSE:CBS) are being monitored closely by investors today as the name is currently priced at $44.22, a -0.29% difference from where it most recently opened. So where is the stock headed from here? We will take a quick look here at how the stock has performed recently.
Active investors are constantly faced with tough decisions when managing their own stock portfolios. Deciding when to sell a certain stock may be just as vital as choosing which stocks to buy in the first place. There are bound to be extremes on both sides when analyzing buy and sell decisions. Maybe a well researched stock hasn’t seen the gains that were expected at the outset. When emotions take over, the investor may not be able to part with the stock. They may hold on to the equity with the hopes that someday it will bounce back. Of course this may happen eventually, but the situation could also worsen and the stock may keep losing. The same decisions sometimes have to be made when dealing with a winning stock. After a big run, the investor may have to decide whether to take the profits or hold off to see if the stock will continue to push upwards. These are no easy decisions for the individual investor. Being able to make the proper portfolio moves may take some time to master, but it may end up being highly important for continued, long-term success.
After a recent check, shares of CBS Corporation (NYSE:CBS) have been seen trading -17.67% off of the 50-day high and 2.93% away from the 50-day low. In terms of the stock price in relation to its moving averages, company shares are -10.46% away from the 20-day moving average and -11.75% off of the 50-day average. If we take a wider approach, shares have been trading -11.47% away from the 200-day moving average.
It is no secret that most investors have the best of intentions when diving into the equity markets. Making sound, informed decisions can help the investor make the most progress when dealing with the markets. Often times, investors may think they have everything in order, but they still come out on the losing end. Investors may need to figure out ways to keep emotion out of stock picking. Sometimes trading on emotions can lead to poor results. Making hasty decisions and not paying attention to the correct data can lead to poor performing portfolios in the long-term.
Over the last year, CBS Corporation (NYSE:CBS)’s stock has performed
-16.53%. For the last six months, the stock has performed -12.56%. From the start of the calendar year, shares have been 1.14%. Zooming in closer, company stock has been -8.47% for the quarter, -12.78% over the past month, and -7.95% over the past week.
Investors looking to chalk up healthy returns in the stock market may need to pay attention to avoid common pitfalls. When the good times are rolling, investors may be highly tempted to move a lot of money into certain stocks that have been churning out returns. One problem with this approach is that a stock that has been hot for a few months might not be hot over the next three months. It is always important to remember that past performance does not guarantee future results. Getting into a stock too late may leave the average investor pounding the table as a former winner turns into a current loser.
Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.