Wednesday, February 16, 2011

Stock Idea: Comcast Corp. New (CMCSA, $24.95)

(May 16, 2011 update: All future stock posts will appear on my new subscription-only website at Please visit!)

Comcast Corp. New (CMCSA)
is a provider of video, high-speed internet and phone services, serving 39 states and the District of Columbia.

Projected consensus eps growth is 17.6% and 17.0% for fiscal years 2011 and 2012. The dividend is $0.378 per share with a yield of 1.52%. The price/earnings ratio is 17.0, based on the current share price, and 2011 projected earnings of $1.47 per share.

Comcast stock has spent the last ten years traing between $13 and $29. Barring unforeseen market disruptions, it's likely to trade between $22 and $29 this year. Any investor who buys around $22/$23 and sells near $29 could be rewarded with a 20-30% return this year.


The Right Huff is Crista Huff's blog for politics and items of sociological or financial interest. Crista Huff also manages Goodfellow LLC, a subscription-only stock market website. We strive to identify financially healthy companies in which traders and investors can buy shares and earn dividends and capital gains. See disclaimer for the risks associated with investing in the stock market. See your tax advisor for the tax consequences of investing. See your estate planning attorney to clarify beneficiary and inheritance issues associated with your assets.

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