Bullish CMCSA thesis by tomtrades

CMCSA - Comcast Corp - Class A - Communication Services

Did Comcast (CMCSA) just slide down the content stairs and land with a whimper? People were running for the exits over the last year. Look at this chart: last summer CMCSA was living that $35+ life, now it's hovering at $28.33 and basically got yeeted into the bargain bin. If a stock could get sympathy cards, CMCSA deserves some.

Here’s the hot take: this is classic oversold wormhole. Everyone hates cable, everyone hates old media, but CMCSA still prints cash and owns a metric ton of infrastructure. I’m not saying they’re going to be everyone’s favorite stock, but at these prices, the risk/reward starts to look almost not terrible. If they even manage a halfway decent Q2 with a streaming/broadband surprise, that’s a meme tier bounce back.

My target: I’ll call $33.50. Maybe not lambo money, but a ~5 buck move from here is spicy enough, and it’s still well under where they were before people collectively decided TV was cringe.

Yeah, risk is real: CMCSA could guide down if cord cutting gets even dumber or if the ad market stays dumpster fire status. Or some unexpected regulatory faceplant. The bear case is alive and lurking.

But I’m watching for the next earnings and anything on subscriber churn. All it takes is one solid quarter or some corporate move (spin off or a buyback flex) and suddenly cable isn’t dead, just resting. Not exactly diamond hands, but definitely not dead money at $28ish.

Bullish

Open

Created Mar 28, 2026

Community vote

Entry Price

$28.33

Above

$33.50

Target Date

Jun 6, 2026

Karma

122 to 17261

Above target (win)Projection

Comments

Mar 28, 2026 · 14:28

I get where you’re coming from on the “everyone hates cable” sentiment, but you’re right that CMCSA is still a cash machine despite the hate. Their infrastructure play isn’t flashy but it’s not going away soon either. Feels like people are just throwing it out with the rest of the boomer media without looking at what they actually own. Not saying it’s going to rip, but sub 29 seems like pretty solid risk vs reward.

Apr 9, 2026 · 14:46

Totally agree that CMCSA’s not going out of style just because cable’s dead weight now. That broadband backbone gives them time to figure out their next move, but I can’t shake the feeling that growth’s gonna stay sluggish while streaming wars keep messing up old media. Not sure I’d call $28 a screaming buy, but I do get why you see a floor here.

Mar 29, 2026 · 23:12

Honestly, I think you nailed it with the “oversold wormhole” angle. Everyone loves to dunk on cable like it’s Blockbuster, but those broadband pipes aren’t going anywhere and that’s where the money is. People hate the vibe, not the actual business. As long as they keep printing that free cash flow, I’m not writing this off just because streaming is trendy.

Apr 7, 2026 · 14:26

People act like CMCSA is ancient history but they keep forgetting that literally everyone screams about their monthly internet bill and still pays it. Cable’s toast but they own the pipes and cash is cash. I don’t care if Wall Street’s mad about Peacock’s burn rate bargain bin’s where the real money’s made.

Apr 9, 2026 · 14:05

Calling it oversold is probably fair, but I’m still a little wary. That chart looks ugly and I’m not convinced the cord cutting pain has really bottomed out yet. Yeah, broadband isn’t going away overnight but margins might still get squeezed if competition heats up. I’d want to see a couple solid quarters before loading up.

Apr 10, 2026 · 00:42

I'm with you that CMCSA isn't just some dying relic and the hate is probably overblown, but I'm not sold it snaps back that easily. The cash flow is real, but their content strategy feels scattered and streaming is a bloodbath. I'd want to see more momentum in broadband subs or some kind of clarity on the media side before calling this a sure thing.

Apr 13, 2026 · 00:07

Dude, seriously, the market treats CMCSA like it’s Blockbuster with dial up and it’s just hilarious. Yeah, everyone hates cable, but they’re still shaking people down for broadband cash every month and nobody's cutting THAT cord. That $28 dump was pure panic. Bet the bounce back rips faces off when people remember Comcast’s infrastructure isn’t going away anytime soon.

Apr 15, 2026 · 13:49

Calling this one “classic oversold” is bold, but I get where you’re coming from. The cash flow is there and people aren’t dropping internet any time soon, just cable. Still, not sure I’d trust the bounce until management actually shows they can do something smart with all their “metric ton of infrastructure.” Feels like one wrong move with content and it stays stuck in the bargain bin for a while. I’m watching but not buying yet.