E Daily Stock Pick: Comcast (CMCSA)

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of four technology sector stocks poised to join my Volio folio this week. One could be my forty-fourth pick for Volio!

That technology sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology and services, to the internet, scientific instruments, software, solar, and all such techno-marvels.

My subject today is a large cap information technology and services provider named, Comcast Corp. Its trading ticker is CMCSA. This is my second report on Comcast for this portfolio. I last featured it on December 6, 2019.

Comcast Corporation operates as a media and technology company worldwide.Comcast is made up of three parts. The core cable business owns networks capable of providing television, Internet access, and phone services to roughly 59 million U.S. homes and businesses, or nearly half of the country.

About half the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, several local NBC affiliates, Universal Studios, and several theme parks.

Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in exclusive and proprietary content to build this position. The firm is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania.

Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

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William K. 4 weeks ago Member's comment

While Comcast is a good investment financially, their reputation for service quality lead them to change their name, at least in my area. That tells the other side of the story.