Buy Comcast Shares: The Complete Guide
In the USA is cable TV a historical reality, even if for many it is now obsolete. Comcast has not fossilized on this technology and has managed to evolve by focusing on the future of telecommunications. So is buying Comcast shares a safe investment or is it a risk?
You will find out more by reading our guide. OnlineTradingCourse.net is renowned for the detailed analysis of the stock market and in order to offer reliable forecasts, we have made a precise evaluation of the company, of its turnover and of its investments.
But let’s go in order and see what steps are necessary to buy Comcast shares safely:
- Choose a CFD Broker that offers a safe and commission-free platform.
- Practice on the Demo account to be safe.
- Make a small deposit to invest on the real market.
Our ratings have led us to consider eToro the best trading platform to buy Comcast shares safely and without paying commissions.
Here are the best platforms where to invest:
Platform: Min. Deposit: 50€ License: Cysec |
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Platform: Min. Deposit: 100€ License: Cysec |
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Platform: Min. Deposit: 50€ License: Cysec |
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Platform: Min. Deposit: 250€ License: Cysec |
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Platform: Min. Deposit: 100€ License: Cysec |
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72.30% of retail CFD accounts lose money
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Platform: Min. Deposit: 250€ License: Cysec |
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Buy Comcast Shares: Real-time listing and pricing
Comcast: General Information
Comcast Corporation is an American telecommunications holding company headquartered in Philadelphia, Pennsylvania (USA).
Its numbers make it the second largest television company in the world and the largest pay-TV and cable television one. But Comcast is not only this, in fact, in the United States it is also a large provider of internet and telephone services.
Since 2011, it is also the owner of NBC Universal, in the production of videos of various kinds.
Comcast stock is listed on the New York Stock Exchange and is part of the prestigious NASDAQ index and the S&P 500, one of the most important stock indices in the world.
How to buy Comcast shares
We have seen that this is a giant television company, but how do you buy Comcast shares?
While being a stock listed on the New York Stock Exchange, it is not difficult to do it, you just need a CFD Broker who has some basic requirements:
- It must offer CFDs, contracts that allow you to trade on any stock both up and down (short selling).
- You don’t have to pay commissions
- It must have at least one license issued by FCA or CySEC
To buy Comcast shares (or sell them) on one of the platforms offered by these online brokers, you must – in practic:
- Buy the Comcast CFDs to earn if the shares go up.
- Sell the Comcast CFDs to earn if the shares go down.
When the price reaches the desired target, the operation is closed and any net profits are collected, without commissions.
Where to buy Comcast shares
These intermediaries, the CFD Brokers, are really practical and cheap but they are not all the same. To buy Comcast shares in total safety you have to select the best ones, but how do you do it?
It is necessary to evaluate the services they offer, the platform, the trading tools, the training, and the support and assistance provided to investors.
OnlineTradingCourse.net has made these assessments for you and believes that the best platforms where to buy Comcast shares are those by eToro, ForexTB and Trade.com. In the next paragraphs, you will be able to evaluate the main characteristics of these brokers and their trading platforms.
eToro: Security and speed to buy Comcast shares
eToro has achieved such a fame that it is now the leader of the market. Its reliability is proverbial and the FCA license only confirms it. The eToro trading platform is considered to be among the fastest and most intuitive ever.
In the screenshot below, you can see the Comcast CFD as it appears on the eToro trading platform:
To buy Comcast shares (or sell them), you have to click on “Invest”, decide whether to Buy or Sell the stock and how much invest in the operation.
The notoriety of eToro also derives from a very innovative automatic investment system: Copy Trading.
This unique patent allows you to copy the operations of the best investors in the world (chosen directly by the user on eToro), in a fully automated manner and at no additional cost.
Copy Trading works like this:
- Register on eToro
- In the section “people”, you can choose the traders to copy based on the performance.
- With a click, Copy Trading will copy exactly the same operations of the chosen traders in your account.
- At this point, you will get the same returns as these trading experts (of course, in proportion to your investment), without doing anything else.
Here are some of the best eToro Traders (which can be copied):
Click here and choose which trader to follow
Both Copy Trading as well as traditional trading can also be tested on a free Demo account, without taking real risks.
Click here and sign up for free
For more details you can read our full eToro review.
ForexTB: Operational support to buy Comcast shares
ForexTB has become very popular as an online broker, mainly thanks to the operational support it provides to its users. Furthermore, safety is guaranteed throughout Europe by the authorization of FCA.
To try to meet the needs of newbies and experts, this Broker offers the possibility to choose between two trading platforms, both free:
- The web platform is easy to use and can be entered from any browser without downloading any software.
- Metatrader 4 is more technical and full of professional indicators and meets the needs of the more experienced traders.
To buy Comcast shares (or sell them) simply select the Comcast CFDs, click on Sell or Buy and decide how much money to invest in the operation.
ForexTB’s famous trading support is based on the Free Trading Signals which are sent to all investors. These indications are very precise and are successful 70% of the time, an excellent support for online trading.
Click here and download the trading course for free
ForexTB tries to help above all novice traders and for this reason, it has created for free a Trading Course considered among the best in its category. This ebook summarizes the basics of online trading and allows you to learn technical analysis in a simple way and with practical examples.
Click here and download the trading course for free
Trade.com: Free training to buy Comcast shares
Trade.com is one of the most popular online brokers in the world and its trading platform is one of the most complete. Full of high-level tools and indicators, it allows you to invest like a true professional.
It is a safe intermediary, which can boast a FCA license for the UK. Here’s what the Comcast CFD looks like on the Trade.com trading platform:
To buy (or sell) Comcast shares, you need to click on Buy (buy) or Sell (sell) and decide how much to invest in the single operation.
Click here to sign up for free
Trade.com relies heavily on training, which is necessary to improve the performance of its users. The notions of technical analysis are the basis of a good profit in trading and this Broker has created a very complete trading course, a pdf that can be downloaded for free using the link below:
Download the free Trade.com course by clicking here
To open a real account with Trade.com you need at least 100 Euros, an amount lower than the average. However, to get started there is always the totally free and unlimited Demo account.
Click here to sign up for free
Comcast business model
The Comcast business model is organized into various subsidiaries, such as Xfinity cable TV, Comcast Business, a commercial service provider, Xfinity Mobile for telephony, and various television channels such as NBC, Telemundo, TeleXitos and Cozi TV.
Productively, Comcast operates the Universal Pictures Studios, the Dreamworks, and the Universal Theme Parks.
From October 2018, it also acquired the European group Sky which allowed it to reach 53 million subscribers between the United States and Europe.
Below, you can see the numbers that show the recent performance of the company:
- Revenue: $ 108.942 billion
- Net profit: $ 13.057 billion
- Number of employees: 190,000
Is Buying Comcast Shares Worth It?
This is the crucial question of the whole guide: Is it worth buying Comcast shares?
The answer is much more complicated than the question, because there are many factors that come into play in the performance of a stock. Let’s start taking a look at the historical trend of Comcast shares and immediately, we will see a strong upward trend that has developed over the last 10 years:
Many believe cable TV is dead or outdated, but Comcast has rapidly evolved into numerous other industries and is now able to compete on equal terms with the world’s largest networks.
Most of its business lines have been negatively affected by the coronavirus pandemic, but to evaluate this investment we need to look far. The crisis will – sooner or later – end and this giant of telecommunications will probably be successful thanks to the diversification of its business model. .
It is this diversification that makes Comcast an attractive investment, especially looking at the long term.
Comcast competitors
Comcast is not alone in this battle of television networks and the crisis we are going through can mess up the cards of these great entertainment giants:
- AT&T
- Disney
- Netflix
- Amazon
- Dish
- Spectrum
Comcast shares: Forecasts
Comcast acquired NBC and Universal in 2011, merging a television and film group with a full-fledged entertainment medium. The company combined fixed network service with broadband and cable service to create a truly diverse and very strong conglomerate.
Looking at the performance of the Comcast stock over the last 6 months, the trend is quite clear and the turbulence generated by Covid-19 already seems to be easing, or at least starting to give a break.
- Pivotal Research raised the Comcast stock price target from $ 52.00 to $ 60.00, confirming the “buy” rating on the cable giant’s shares.
- Morgan Stanley raised its Comcast price target from $ 47.00 to $ 49.00 and gave the company an “overweight” rating.
- Sanford C. Bernstein upgraded Comcast from a “market performance” rating to an “outperform” rating and raised the target price for the company from $ 48.00 to $ 52.00.
- Deutsche Bank raised its target price on Comcast from $ 47.00 to $ 53.00.
- BidaskClub has upgraded Comcast from a “pending” rating to a “buy” rating.
- Benchmark reaffirmed a “buy” rating and issued a $ 54.00 target price on Comcast stock.
Buy Comcast shares: Target Price
Leading Wall Street analysts have posted pretty positive ratings for Comcast. Their twelve-month target price is $ 60.00, predicting a substantial upside on the stock within a year.
Conclusion
Our guide started with the analysis of the Comcast business model, then moved on to the historical performance of the stock and to the future prospects and diversification of the company. Buying Comcast shares, given these factors, looks like a very good investment, especially looking at the long term.
If you have little experience in online trading, it is advisable to start with a Demo account, practice with the chosen platform, then make the minimum deposit required and move on to trading with real money, which certainly offers greater satisfaction.
Here are the official links of the free Demo accounts offered by the best trading platforms:
- Practice the eToro Demo account for free by clicking here
- Register for free on ForexTB and access the Demo account from this link
- Access the Trade.com Demo account for free from this link
Yes, but the duration of the investment must be carefully evaluated. Read our guide for more details.
CFD brokers offer a safe and affordable way to buy Comcast shares.
The 12 Month Target Price for Comcast stock is $ 60.00 per share.
The best platform where to buy Comcast shares safely and without paying commissions is that of eToro.