Out Fox The $treet

Summary Viacom continues to trade at yearly lows despite results that grew over last year. The company maintains the large stock buyback plan that will benefit the stock more after the recent declines. The current 15% Net Payout Yield is a strong buy signal. The stock of Viacom (NASDAQ: VIA ) (NASDAQ: VIAB ) remains in a major downtrend despite the massive stock buyback program of the company. The latest quarterly results are a prime example of the situation with the entertainment company beating analyst estimates while the stock sits at recent lows. Viacom even trades at a generally attractive valuation though the market doesn't seem to want the stock. Read the full article on Seeking Alpha. Disclosure: Long VIAB. Please review the disclaimer page for more details. 

The amazing part about the current rally is that the slow growing industries such as utilities and cable companies have led the rally. For the most part though, the rally hasn't been based on any fundamental changes in those industries. Most notably the move has been based on an investor chase for yield. Stocks paying 4% dividend yields are attracting investors getting next to nothing in 10-year Treasuries. So why has Comcast Corp. (CMCSA) followed in that rally? The current yield of 1.8% shouldn't be enough to attract investors with the stock trading at nearly 17x next year's earnings. In comparison, Time Warner Cable (TWC) pays 2.3%, while communications providers AT&T (T), V erizon Communications (VZ) , and Vodafone (VOD) pay over 4%. Read the full article at Seeking Alpha. Disclosure: Long VOD. Please review the disclaimer page for more details.