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Broadband Costs Surging? Buy These 3 ISP Stocks to Profit
InvestorPlace· 2024-04-17 17:06
You may have noticed increased broadband costs recently. Many ISP stocks adjust prices annually based on inflation rates like the Consumer Price Index (CPI) or Retail Price Index (RPI). Companies pass these costs on to consumers to maintain their profit margins.Additionally, the growing reliance on high-speed internet for remote work, online entertainment and e-commerce has created sustained demand for ISP stocks. ISPs are then well-positioned to capitalize on this ongoing need.The good thing about investin ...
Comcast launches prepaid and month-to-month internet and phone plans
CNBC· 2024-04-17 16:00
Comcast announced Wednesday that it is launching a prepaid and month-to-month low-cost internet and phone plan program called NOW.The new plan is designed to be simple for customers to opt into or cancel at any time using Xfinity and unlimited 5G. Comcast said NOW offers more flexibility than fixed wireless options at a low cost.The program includes four different offerings:NOW Internet, where customers choose between 100 megabits per second, or Mbps, for $30 per month, or 200 Mbps for $45 per month, both i ...
Investors Heavily Search Comcast Corporation (CMCSA): Here is What You Need to Know
Zacks Investment Research· 2024-04-17 14:01
Comcast (CMCSA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this cable provider have returned -9%, compared to the Zacks S&P 500 composite's -1.1% change. During this period, the Zacks Cable Television industry, which Comcast falls in, has lost 9.3%. The key question now is: What could be the stock's future direction?While media releases or rumors abo ...
Nasdaq Deals: 3 Stocks Trading Way Below Their True Value
InvestorPlace· 2024-04-16 19:10
With the innovation space enjoying tremendous gains over the past year, the concept of targeting undervalued Nasdaq stocks seems to clash against reality. After all, the technology-centric index has been an outperformer relative to other benchmarks.Nevertheless, a rising tide doesn’t always lift every single boat. With thousands of publicly traded opportunities available on the Nasdaq, it’s impossible for investors to assess them all. Therefore, it’s practically inevitable that at least a few ideas will fal ...
Is Comcast (CMCSA) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research· 2024-04-16 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Comcast (CMCSA) .Comcast currently has an average brokerage recom ...
Wonya Lucas, Former CEO Of Hallmark Media And TV One, Joins Comcast Board Of Directors
Deadline· 2024-04-15 21:07
Wonya Lucas, a veteran TV exec who held the post of CEO for Hallmark Media and TV One, has been appointed to Comcast‘s board of directors. Lucas will serve as an independent director, the media company said in an SEC filing. She has not yet been appointed to serve as a member of any board committee. The Walt Disney Co.’s recent proxy battle and Paramount Global’s pending efforts to swing a complicated M&A transaction have put the issue of board composition under a brighter spotlight than usual. For Comcast ...
Comcast (CMCSA) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-04-12 23:06
Comcast (CMCSA) ended the recent trading session at $39.37, demonstrating a -1.92% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.46% for the day. At the same time, the Dow lost 1.24%, and the tech-heavy Nasdaq lost 1.63%.Coming into today, shares of the cable provider had lost 6.26% in the past month. In that same time, the Consumer Discretionary sector lost 2.31%, while the S&P 500 gained 1.6%.The investment community will be closely monitor ...
Why Comcast (CMCSA) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-04-10 23:21
In the latest market close, Comcast (CMCSA) reached $39.72, with a -1.07% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.The cable provider's shares have seen a decrease of 7.03% over the last month, not keeping up with the Consumer Discretionary sector's loss of 0.94% and the S&P 500's gain of 1.78%.The upcoming earnings release of Comcast will be of great interest to investors. The com ...
Will Comcast (CMCSA) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-08 17:17
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Comcast (CMCSA) . This company, which is in the Zacks Cable Television industry, shows potential for another earnings beat.This cable provider has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 9.95%.For the most recent q ...
Comcast (CMCSA) Offers Latest Technology to Seaport Stays Hotel
Zacks Investment Research· 2024-04-04 16:16
Comcast’s (CMCSA) division Comcast Business recently announced that it is offering Seaport Stays several technology solutions, including Ethernet Dedicated Internet, Business Internet and X1 for Hospitality.Seaport Stays is a distinguished collection of boutique hotels and long-term rental properties nestled along the captivating coastline of North Wildwood, NJ. Seaport Stays, owned by BG Capital, leverages Comcast Business’ advanced technology solutions to redefine guest experiences and streamline internal ...