Comcast Stock Fits The 10x EBT Rule Nicely (Rating Upgrade)
Comcast(CMCSA) Seeking Alpha·2024-04-24 22:33
SweetBabeeJay Comcast stock: Still a buy despite recent rallies I last wrote about Comcast Corporation (NASDAQ:CMCSA) about a year and a half ago. In that article, I argued for a BUY thesis based on Warren Buffett's rule of 10x EBT (earnings before taxes). In particular, I argued that: As a leading stock in the telecom sector, Comcast is trading at its secular bottom valuations. Under current conditions, it’s equivalent to a 10%+ equity bond with coupon growth built-in if you consider their perpetual gr ...