The Latest Breaking News from CMCSA

Cable and media giant Comcast Corporation (CMCSA) announced better-than-expected earnings and revenue despite the macroeconomic headwinds. The company is confident of achieving further growth despite the potential macroeconomic challenges this year. Analysts have upgraded the stock recently. Thus, it could be wise to buy the stock now. Read more….

Recessionary fears continue to weigh on investors’ sentiment as inflation is still soaring high, and the Fed is likely to continue with its aggressive interest rate hikes. With prospects of a mild recession next year, it could be wise to invest in fundamentally strong stocks Comcast Corp. (CMCSA) and Albertsons…

Strong demand for digital entertainment and the reopening of the economy should help the industry remain buoyed despite the macro headwinds. While Comcast Corp. (CMCSA) could be worth betting on now, fundamentally weak stocks, DISH Network (DISH), and WideOpenWest (WOW), might be best avoided. Keep reading….

Entertainment conglomerate Comcast (CMCSA) has remained resilient despite the transition in the entertainment industry. However, amid the heightened market volatility, the stock is trading more than 30% below its 52-week high. The stock is trading at a discount, so this might be an attractive investment opportunity. CMCSA’s strong fundamentals should…

Despite widespread macro headwinds, the U.S. economy and its tight labor market look resilient enough to sustain possible downturns in the upcoming term. Moreover, as the stock market is expected to make a comeback soon, Comcast (CMCSA), Elevance Health (ELV), and Waste Management (WM) could be no-brainer stocks to buy…

With concerns of an economic slowdown led by interest rate hikes rising, fundamentally strong and resilient stocks Comcast (CMCSA) and AT&T (T) are worth considering. Read on….

Leading TV and internet provider Comcast Corporation (CMCSA) beat the consensus revenue estimate despite macroeconomic headwinds in the fiscal third quarter. Moreover, the stock is poised to soar in the near term, given its new launches, long dividend-paying record, strong profitability, discounted valuations, and positive analyst sentiment. Hence, this stock…

While a remarkable improvement in inflation and a lower interest rate hike have boosted investors’ confidence, Fed’s recent comments indicate that rate hikes might continue. The Nasdaq Composite has witnessed a freefall amid market volatility this year. However, quality Nasdaq stocks PepsiCo (PEP), Broadcom (AVGO), and Comcast Corp. (CMCSA), which…

Shares in Charter Communications tumbled on its plans to hike capital spending while network equipment supplier Harmonic jumped on the news.

Inflation also cooled down in November, coming in lower than expected. With analysts expecting further decline in inflationary pressures, the Fed’s pace of rate hikes could also see a slowdown. Moreover, December has been a historically good month for U.S. stocks. Thus, this could be the right time to scoop…

With inflation finally showing signs of cooling down and the Fed hinting at less aggressive interest rate hikes, the stock market is experiencing a modest rally. Analysts believe the economy is resilient enough to avoid a recession and attain a soft landing. Therefore, investors could now invest in attractively priced…