Comcast Is On The Verge Of A Rebound (Technical Analysis)

  • Comcast's stock is showing signs of a bullish reversal despite a six-month downtrend, with technical indicators suggesting a potential bottom and near-term recovery. Recent earnings were mixed, with a slight revenue decline but strong operating cash flows and improved EPS, indicating business resilience. The stock appears undervalued, with a P/CFO ratio at three-year lows, suggesting investors are overly pessimistic despite robust fundamentals.