Comcast Stock is Still a Buy After Reaching a New All-Time High, Here’s Why

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The company’s impressive growth strategies to boost its business have been attracting investors over the past year, as evident from CMCSA’s 35.7% gain during this period. In fact, CMCSA’s strategic joint venture with ViacomCBS Inc. (NASDAQ:VIAC), announced on August 18, led to the stock gaining 3.5% since the announcement to hit its all-time high of $61.80 on September 2.

Here’s what could shape CMCSA’s performance in the near term:

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