What's Wrong With Comcast Stock?

Comcast stock has fallen nearly 60% since 2021 due to declining cable TV and broadband subscriber bases. Cable TV customers dropped from 22 million to 10 million since 2012, while broadband customers fell from 32.3 million to 28.3 million. Despite these challenges, the stock's low P/E ratio of 7 and 5.8% dividend yield may present a buying opportunity, though growth prospects remain limited.