Comcast has been a nice performer since I first bought it. In fact, I eventually scaled back some of my position. The stock has come down some since then, but I'm still in the black. I own the Special Class A shares -- symbol CMCSK.
Jay Palmer has a positive piece on Comcast in this week's Barron's:
Says Tom Russo, who manages money for Lancaster, Pa.-based Gardner Russo & Gardner: "What excites me is that this company has so much money to spend on its own future. They will have $4 billion to spend between now and 2009 on operations that offer a very high return....The potential is staggering and largely ignored in the stock." But not by his firm, which owns 10 million shares.
Comments