Comcast Is a Large Diverse Business. But There Are 2 Simple Reasons Why I Won't Buy Its Stock.
With business operations in telecom infrastructure, media, film studios, theme parks, and more, (NASDAQ: CMCSA) is one of the largest and most diverse businesses in the world. The total market value of the company is nearly $150 billion, making it one of the largest public companies in the world as well. This combination of scale and diversity makes it an attractive investment target for many.
But it's not attractive to me. For all of its virtues, Comcast stock is one that I'm not buying. There are two simple reasons why.
To be clear, growth isn't the only factor that helps stocks perform well over the long term. In fact, growth can be detrimental when it moves a business into a more competitive, lower-margin operation. But for the most part, growth is a big factor for stocks that outperform the S 500.
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 slightly positive potential of 19.57% compared to the current price of 36.8 € for Comcast Corp..
