Red-Hot Comcast Stock Keeps Climbing

Comcast stock is up nearly 16% in 2021

facebook X logo linkedin


When we last checked in with Comcast Corporation (NASDAQ:CMCSA) the media stock was fresh off a new record high. A little more than a month later, CMCSA has turned in another record peak of $60.72, a far cry from its Nov. 2 annual bottom of $40.96. 

Comcast stock has now racked up a 15.8% year-to-date lead, and is up 35.4% in the last 12 months. Along the way, pullbacks have been contained by the shares' ascending 80 and 100-day moving averages. Comcast Corporation offers a forward dividend of $1.00 and a dividend yield of 1.68%.

CMCSA Stock Chart

Unfortunately for contrarian traders, there isn't much pessimism leftover to be unwound. The majority of analysts rate CMCSA a "buy" or better, while a slim 1.5% of the stock's total available float is sold short.

From a fundamental perspective, Comcast stock remains a decent value stock, even at its current highs. CMCSA trades at a price-earnings ratio of 22.27, which is promising given its huge market cap of $274 billion. Comcast Corporation’s sheer size implies that there is a strong level of security and opportunity potential. In addition, Comcast stock has a forward price-earnings of 21.28, signifying that a slight improvement in earnings is expected. Overall, although Comcast stock may retreat from its highs at some point, allowing for a better buying opportunity, it likely won’t make much of a difference in the long-term.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI