5 Best Media Stocks To Own Right Now: Comcast Corporation(CMCSA)
Comcast Corporation, together with its subsidiaries, provides entertainment, information, and communications products and services in the United States and internationally. Its Cable Communications segment provides video, high-speed Internet, and phone services to residential and business customers. As of June 30, 2011, its cable systems served approximately 22.5 million video customers, 17.5 million high-speed Internet customers, and 9.1 million phone customers. The company?s Cable Networks segment operates cable entertainment networks, such as USA Network, Syfy, E!, Bravo, Oxygen, Style, G4, Chiller, Sleuth, and Universal HD; news and information networks, including CNBC, MSNBC, and CNBC World; cable sports networks comprising Golf Channel and VERSUS; regional sports and news networks; international entertainment, and news and information networks, such as CNBC Europe, CNBC Asia, and Universal Networks International portfolio of networks; cable television production oper ations; and digital media properties consisting primarily of brand-aligned Websites and other Websites, such as DailyCandy, Fandango, and iVillage. Its Broadcast Television segment operates the U.S. broadcast networks, NBC and Telemundo; 10 NBC and 15 Telemundo owned local television stations; broadcast television productions; and related digital media properties. The company?s Filmed Entertainment segment operates Universal Pictures, which produces, acquires, markets, and distributes filmed entertainment and stage plays worldwide in various media formats for theatrical, home entertainment, television, and other distribution platforms. Its Theme Parks segment operates Universal Studios Hollywood park and Wet ?n Wild water park, as well as licenses intellectual properties and provides services to third parties that own and operate Universal Studios Japan and Universal Studios Singapore. Comcast Corporation was founded in 1963 and is based in Philadelphia, Pen! nsylvania.
Advisors' Opinion:- [By Wallace Witkowski]
Big names in the sector reporting earnings this week include Ford Motor Co. (F) and Comcast Corp. (CMCSA) on Tuesday, and Amazon.com Inc. (AMZN) , Viacom Inc. (VIA) (VIAB) , and Chipotle Mexican Grill Inc. (CMG) on Thursday.
- [By Alex Planes]
The seven shares Denton purchased were originally worth $1,078, or $154 per share. Had he held these seven shares for six decades, he would have wound up with a stake in enough spinoffs to have need of a good tax attorney when he wanted to cash out. Between 1951 and 1984, his seven shares became 84 shares worth roughly $5,500, not counting any reinvested dividends. The 1984 Bell System divestiture gave Denton a stake in seven Baby Bells, which have since been reabsorbed into either AT&T or Verizon. He also holds a stake in Alcatel-Lucent and NCR thanks to the two 1996 spinoffs, as well as a stake in Comcast (NASDAQ: CMCSA ) thanks to that company's acquisition of AT&T Broadband, which was spun off in 2002. Through it all, AT&T has kept paying out dividends, as have many of its spinoffs and divested Baby Bells.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-media-stocks-to-own-right-now-2.html
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