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3 Reasons Comcast Is a Buy After Q2 Earnings

·4 min read
3 Reasons Comcast Is a Buy After Q2 Earnings
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Comcast (NASDAQ: CMCSA) is having itself a year. Not that 2020 was bad -- revenue fell only 2%, propped up by lots of demand for broadband internet connections while subsidiary NBCUniversal's theme parks and movie business was mostly shuttered due to the pandemic. Broadband internet subscriptions are still rolling in at a steady pace, adding to the rally NBCUniversal (as well as Sky across the pond in Europe) is enjoying as the effects of COVID-19 gradually ease.