Filed under: Comcast Cl’A’ (CMCSA), Stocks to Buy

It’s a difficult call, but I’m Reiterating my Buy rating for Comcast Corp. (NASDAQ: CMCSA), first recommended on April 22, 2009 at a price of $14.05,

Comcast posted a decent rebound in subscriber growth in Q3, but concerns about intensifying competition in cable television, broadband, and advanced video services persist. In particular broadband competition from telephone/telecom companies, who are offering cheaper DSL services represent the biggest threat. Moreover, as these telecom companies build-out fiber-based video and broadband services, they’ll begin to chip away at Comcast’s (and other cable companies’) conventional cable television services.

Continue reading Comcast’s stock continues to meander

Comcast’s stock continues to meander originally appeared on BloggingStocks on Fri, 06 Nov 2009 14:00:00 EST. Please see our terms for use of feeds.

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