Is Comcast Corporation (NASDAQ:CMCSA) a Long Term Growth Play?

Shaers of Comcast Corporation (NASDAQ:CMCSA) have been recommended as a long term growth pick according to Beta Research.  With the firm’s stock price currently trading around $37.69, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 18.90% earnings per share growth over the past 5 years and 7.60% revenue growth over that same time frame. 


Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Comcast Corporation (NASDAQ:CMCSA)’s stock was 9.17%.  Over the last week of the month, it was -1.59%, -3.41% over the last quarter, and  1.24% for the past six months. 

Over the past 50 days, Comcast Corporation’s stock is -10.24% off of the high and 3.43% removed from the low.  Their 52-Week High and Low are as follows: -10.64% (High), 25.55%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $46.00 on the equity.   Analysts have a consensus recommendation of 1.70 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

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