Comcast Stock To Go Up?

Discussion in 'General Trading Discussion' started by Rainman, Sep 28, 2015.

  1. Rainman

    Rainman Senior Investor

    Jun 2014
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    At a time when companies such as Comcast shouldn't be doing that well it appears that they are trying to make the company even more profitable. To gain their objective, Comcast intends to buy a 51% stake of Universal Studios Japan. Do you think this will positively impact their stock?
  2. baudwalk

    baudwalk Senior Investor

    May 2015
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    Comcast isn't terribly interesting to me as an investor. For me, the P/E is a bit high and the dividend yield isn't exciting. The company faces pressure from federal and state regulators, cord cutting millennials, and the likes of Netflix/Amazon/Apple producing unique content. I would think Comcast, as owner of NBC Universal, is dabbling in Universal Studios Japan to keep its studio program production options open. I just can't generate the enthusiasm to pull the triggerand join the bandwagon. But that's me.

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