CMCSA is a turnaround opportunity; current undervaluation makes it a good buy given consistent dividend growth and profitability.
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The next one is Comcast. The Comcast has been kind of a very interesting story here because the company has gone through some issues here. But the but I want to point out this has remained a very profitable company but it did have a big drop in earnings and expected for this year which hasn't actually been booked yet obviously and that's created stress on the stock.
Now we're starting to see some recovery. The company itself has paid 18 consecutive years of dividends, 17 consecutive dividend increases. Its dividend growth rate has been about 15% the average over this period of time.
And once again, you see the consistency of the dividend line. Regardless of what these prices have been doing, the dividend continue to increase.
So as long as you were prudent in your purchase, you could have bought the stock when it was fairly valued. And even here when it's massively undervalued, you still earn about a 10% rate of return including dividends.
But the company grew earnings at 12% during this time. The the disparity here has to do with the undervaluation that the stock is currently trading at. But that makes it a turnaround situation and an opportune time to buy it.
What this channel has said about $CMCSA
FAST Graphs has only this one call on this stock.