The Latest Breaking News from CMCSA

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…

Cooling inflation is raising hopes of a slower pace of rate hikes ahead. Moreover, experts now see chances of the economy avoiding a recession. Hence, investors could consider buying quality stocks, Comcast (CMCSA) and Vertex Pharmaceuticals (VRTX), to capitalize on their solid fundamentals. Read more.

Amid rampant macro headwinds, a recession seems imminent. However, following October's favorable inflation data, experts believe the chances of a 'soft landing' have increased. Moreover, bullish sentiment significantly improved over the past week. Thus, this could be the right time to scoop up shares of quality stocks Comcast (CMCSA) and…

Lingering macroeconomic issues have led to significant volatility in the market. While inflation is still at a multi-decade high, the October inflation report showing signs of cooling price pressures has raised optimism. Therefore, investors could scoop up quality dividend-paying stocks Comcast (CMCSA) and Texas Roadhouse (TXRH), trading under $100, to…

With the Fed approving the fourth consecutive 75-bps interest rate hike earlier this week and slower but surer hikes to follow, the market has begun testing its depth and investors’ patience yet again. However, this provides opportunities to load up on fundamentally sound stocks Johnson & Johnson (JNJ), PepsiCo (PEP),…

The Fed is expected to continue raising interest rates until inflation reaches its target level. However, as a sign of relief for the market, the labor market seems to be cooling. Given the continued market volatility, fundamentally strong dividend-paying stocks Johnson & Johnson (JNJ) and Comcast Corporation (CMCSA) could be…

Someone with a lot of money to spend has taken a bearish stance on Comcast (NASDAQ:CMCSA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.