We recently published 10 Stocks on Jim Cramer’s Radar. Comcast Corporation (NASDAQ:CMCSA) is one of the stocks Jim Cramer recently discussed.
Cramer doesn’t frequently discuss Comcast Corporation (NASDAQ:CMCSA), the media, telecommunications, and entertainment giant that is also CNBC’s parent. Previously, he has commented on the firm’s forward price-to-earnings ratio. This time, he discussed CNBC’s spinoff and other strategies:
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“Well it’s going to, I mean look, I am a friend of Comcast. I am a friend of Brian Roberts. Mr. Cavanagh, and it’s Philadelphia’s own, I was against the plan to spin us off. I was very vocal about that. I know stocks, I don’t know cable. I know stocks, I don’t know fixed wireless. The stock was at $43.20 when they announced the deal and now it’s at $27. And I rest my case.”
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Disclosure: None. This article is originally published at Insider Monkey.
