Comcast Has Finally Fallen Low Enough To Get Interesting

Max Greve4K FollowersFollow5ShareSavePlay(13min)Comment(1)SummaryComcast trades at a strikingly low P/E of 5, reflecting deep investor pessimism despite Mobile subscriber growth remaining robust.CMCSA is finally addressing broadband competition with lower pricing and increased marketing, but EBITDA will remain pressured through 2026.Costly sports rights deals at NBCUniversal are eroding profitability and shifting content strategy. Cutting scripted content to fund sports is a mistake.While missteps abound, much bad news may be priced in; I am becoming intrigued but prefer to wait for further downside. JHVEPhoto/iStock Editorial via Getty Images As we get into the meat of the new year, Comcast (CMCSA) is beginning to show some signs of life after almost a decade in the doldrums. As someone who’s been urgingThis article was written byMax Greve4K FollowersFollowMax Greve is a graduate of Northwestern University with a quadruple major in History, Economics, Political Science, and International Studies. Max is a full-time writer and in addition to stock market trends also writes articles on government, current events, macroeconomic trends, and last but not least, the ongoing inefficiencies of professional sports.Analyst’s Disclosure: I/we have a beneficial long position in the shares of VZ, TMUS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.