Top Picks Update
Comcast (CMCSA)
From DRIP Investor
Comcast (CMCSA) is up more than 20% so far in 2017, well outpacing the gains in the S&P 500 Index. The firm’s first-quarter results were solid, and we look for profits to continue to beat expectations. The company’s revenue streams of theme parks, movies, cable, Internet, and network broadcasting should continue to drive healthy cash flow and record results. We continue to rate the stock a Buy.
Charles A. Carlson, CFA, DRIP Investor, www.dripinvestor.com, 800-233-5922, June 19, 2017