1 Growth Stock Down 33% to Buy Right Now
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.
Source Fool.com
Comcast Corp. Stock
We see a rather positive sentiment for Comcast Corp. with 18 Buy predictions and 1 Sell predictions.
As a result the target price of 44 € shows a positive potential of 23.01% compared to the current price of 35.77 € for Comcast Corp..