Comcast Near 52-Week High After Q3 Release

Filed under: Earnings Reports, General Electric (GE), Comcast Cl'A' (CMCSA), Media World

Comcast Corporation (CMCSA) is pretty close to the 52-week high of $20.56, at least at the time of this writing. I saw a quote of $20.34 go by on my screen, a price that represents a gain of 3.6% from yesterday's close. Volume is strong.

The one-year chart shows some sideways action, but it also displays a stock that has been strong during the past twelve months. One does get the sincere impression that it wants to break out of its current levels sooner rather than later. It is difficult, however, to buy stocks that are at their highs of the year, especially with the way the economy and the markets have been acting.

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Comcast Near 52-Week High After Q3 Release originally appeared on BloggingStocks on Wed, 27 Oct 2010 15:00:00 EST. Please see our terms for use of feeds.

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