Try the Trefis machine learning engine above to see for yourself how Comcast stock is likely to behave after any specific gain or loss over a period.Īnswer: If you buy and hold Comcast stock, the expectation is over time the near term fluctuations will cancel out, and the long-term positive trend will favor you – at least if the company is otherwise strong. In comparison, the S&P 500 has an average return of 3.1% over the next 21 trading days under Case 1, and an average return of just 0.5% for Case 2 as detailed in our dashboard that details the average return for the S&P 500 after a fall or rise. Is the average return for Comcast stock higher over the subsequent month after Case 1 or Case 2?ĬMCSA stock fares better after Case 1, with an average return of 1.9% over the next month (21 trading days) under Case 1 (where the stock has just suffered a 5% loss over the previous week), versus, an average return of 0.6% for Case 2. Question 1: Is the average return for Comcast stock higher after a drop?Ĭase 1: Comcast stock drops by -5% or more in a weekĬase 2: Comcast stock rises by 5% or more in a week Some Fun Scenarios, FAQs & Making Sense of CMCSA Stock Movements: But will Comcast’s stock continue its upward trajectory over the coming weeks, or is a correction in the stock more likely? As a measure to enhance shareholder returns, the management also increased the dividend by 9% in January 2021 which boosted the stock. With ad spend by corporates also expected to rise in 2021, this trend will benefit Comcast as it is beefing up its advertising-selling technologies – One Platform and NBCUniversal Identification. The company’s streaming, broadcast television, broadband, and business service divisions continue to grow.
Though the recent surge in Covid cases could delay this recovery, it should not be a major concern for Comcast as these two divisions together account for a little over 10% of total revenue. The gradual lifting of lockdowns and successful vaccine rollout led to expectation of recovery in the company’s theme parks and studio businesses. Comcast’s CMCSA broadband division, which accounts for 20% of its top line, grew by 10% in 2020 as the number of people suddenly working from home surged amidst lockdowns. The company has ventured into streaming with the launch of Peacock in mid-2020, at a time when demand for streaming shot up due to home confinement during the pandemic. There are multiple factors behind this rally. (Photo by AaronP/Bauer-Griffin/GC Images) GC ImagesĬomcast stock (NASDAQ NDAQ: CMCSA) increased close to 26% in the last six months and is currently trading at $54 per share.
UNIVERSAL CITY, CA - APRIL 27: General views of the Comcast NBC Universal corporate offices on April.
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