In September 2021, Comcast's (NASDAQ: CMCSA) stock price was hovering around $60 per share. At the time, entertainment companies were doing particularly well as countless people found themselves spending more time at home due to the COVID-19 pandemic. Now Comcast is trading at roughly $40 per share -- a drop of 33%.

There are many reasons for the shift in Comcast's price, not least of which are domestic and international macroeconomic pressures. Despite this, there are signs Comcast's could make sense as a long-term investment.

Continue reading

Source Fool.com