"A pull back may or may not occur with this stock so I may start a small buying program at this current $51.21 price level. Obviously I'd love to have bought this stock earlier this week at prices below $50.00 so any pull back to that level will only encourage me to load up on this stock. I believe this stock has the potential to move well into the 60s."
The Company
Comcast Corporation (CMCSA) operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international channels; and cable television production operations, as well as owns digital media properties. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, and broadcast television production operations, as well as owns digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes live-action and animated filmed entertainment under the Universal Pictures, Focus Features, and Illumination names. The Theme Parks segment operates theme parks; studios; Island of adventures; and a dining, retail, and entertainment complex. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania. (Daily Chart) (Weekly Chart) | 1 September 2014 Price $54.72 1yr Target $62.71 1yr Cap Gain 14.60% Dividend $0.90 Yield 1.64% 1yr Tot Return 16.24% 5yr DGR 26% 3yr DGR 28% Payout Ratio 31.69% Beta 1.24 EPS (ttm) $2.84 EPS next yr $3.28 P/E 19.27 PEG 1.13 ROA 4.80% ROE 14.70% |
The Fundamentals
Finally, considering that the stock has 3 and 5 year dividend growth rates of 28% and 26%, this stock becomes a dividend growth investor's dream.
Conclusion