Jim Cramer Discusses Comcast (CMCSA)’s Shares

We recently published 8 Stocks Jim Cramer Discussed & Mentioned An Important Quantum Computing Development. Comcast Corporation is one of the stocks Jim Cramer discussed.

During the show, CNBC’s parent Comcast Corporation also came on Jim Cramer’s radar. He has mentioned the firm several times over the past couple of months. For instance, on October 30th, Cramer remarked that Comcast Corporation had dropped significantly ever since it announced the decision to spin off its cable networks. In this appearance, he discussed the firm’s valuation:

Copyright: buchachon / 123RF Stock Photo

“Look, my advice to Comcast, not that that matters, has ever mattered, but the stock has bottomed ever since you started talking about this. Now most of the stocks in the S&P have bottomed at 4.75, that’s exactly where it bottomed. No one else has come under five for P/E, but that stock has, since you started talking about them, doing something. People are beginning to take a look at it and I think that’s important to point out, and I do have a lot of stock, whatever.”

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This article is originally published at Insider Monkey.