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3 Reasons I Bought Comcast This Week

The Motley Fool·
3 Reasons I Bought Comcast This Week

Comcast announced plans to spin off NBCUniversal media assets, with shares jumping 18% on Monday. Despite the spike, the stock remains down significantly over longer periods. The author identifies three reasons for buying: undervaluation at 5x trailing earnings, strong theme park growth momentum, and an attractive 5.5% dividend yield ahead of the spinoff.

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