Comcast (CMCSA) vs. CHTR and VZ: Can the Post-Versant Reset and Broadband Stabilization Drive a Re-Rating?

Is CMCSA a good stock to buy? We came across a bullish thesis on Comcast Corporation on Astute Optics – US’s Substack. The thesis was published on September 12^th, when the stock was trading at $25.20, and CMCSA lost less than 1% since then. CMCSA shares declined by 20% a few weeks ago due to concerns about intensifying broadband competition, pressure on subscriber numbers and pricing, and weaker theme park attendance, reinforced by KeyBanc’s downgrade. In this article, we will...