RedHotStocks

Comcast holds great potential for the second half of 2019

Long
NASDAQ:CMCSA   Comcast Corporation
COMCAST CORP. NASDAQ (CMCSA) HAS OUTPERFORMED ITS PEERS FOR SOME TIME AND HAS REWARDED INVESTORS WITH A 30% RETURN IN 2019 WHILE ALSO HAVING A HEALTHY DIVIDEND OF 2% .
INITIAL PANIC OVER THE SKY DEAL HAS EASED.
COMPANY IS HIGHLY DIVERSIFIED WITH MULTIPLE REVENUE STREAMS.
LOW VULNERABILITY TO TRADE DISPUTE.
GREAT TRACK RECORD OF DOUBLE DIGIT REVENUE GROWTH ANNUALLY.
VERY REASONABLE VALUATION.
STOCK IS IN A VERY BULLISH CONSOLIDATION, BREAKOUT EXPECTED VERY SOON IF THE MARKET SENTIMENT CONTINUES TO BE BULLISH

AVERAGE ANALYSTS PRICE TARGET $48.14
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 16.5
SHORT INTEREST 1.5%

COMPANY PROFILE
Comcast Corp. is a media, entertainment, and communications company, which engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Corporate and Other. The Cable Communications segment provides video, Internet, voice, and security and automation services under the Xfinity brand. The Cable Networks segment consists of national cable networks, regional sports, news networks, international cable networks, and cable television studio production operations. The Broadcast Television segment includes NBC and Telemundo broadcast networks. The Filmed Entertainment segment involves in the production, acquisition, marketing, and distribution of filmed entertainment. The Theme Parks segment consists of Universal theme parks in Orlando, Florida; Hollywood, California; and Osaka, Japan. The Corporate and Other segment includes operations of other business interests, primarily of Comcast Spectacor. The company was founded by Ralph J. Roberts in 1963 and is headquartered in Philadelphia, PA

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