1 Growth Stock Down 33% to Buy Right Now
Comcast's (NASDAQ: CMCSA) stock is currently trading around $40 apiece, down from the roughly $60 it was swapping hands for less than two years ago.But with the company outranking rival entertainment stocks on Forbes' most recent Global 2000 list -- which considers market value, sales, profits, and assets -- there certainly are reasons why investors may want to consider Comcast for their portfolio.
In its fiscal 2023 first-quarter earnings call, Comcast revealed its theme parks unit had generated $658 million in earnings before interest, taxes, depreciation, and amortization (EBITDA), representing a 46% gain year over year.
The company cited its partnership with Nintendo and the popularity of Super Nintendo World in California, which opened in February 2023. Comcast said the success of the site has instilled confidence in the earnings potential of several more tie-in facilities, including a Donkey Kong experience that will open in Japan in 2024.
Source Fool.com
Comcast Corp. Stock
We see a rather positive sentiment for Comcast Corp. with 20 Buy predictions and 1 Sell predictions.
As a result the target price of 45 € shows a positive potential of 23.05% compared to the current price of 36.57 € for Comcast Corp..
