NAS:CMCSA

Comcast Corporation – Class A Common is rated a buy with the stop loss at $22.50

Comcast Corporation – Class A Common plans to spin off its NBCUniversal and Sky businesses into a new publicly traded company, just months after completing its separation of the Versant brands.

CMCSA:NAS is under Algo Engine buy conditions, and at 10x earnings, the valuation is not demanding.

Peacock revenue increased by 57%, surpassing $1B in quarterly revenue for the first time; Peacock paid subscribers increased nearly 50% year over year to 31M.

Full Year 2023:Total Return of Capital of $15.8B

• $11.0B in share repurchases
• $4.8B in dividends

Comcast Corporation – Class A Common is under Algo Engine buy conditions. We suggest watching for a cross above the 10 day moving average within the $41 to $49 price range. We’ll update you on the blog when the condition occurs.