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CMCSA is currently trading 22% below its all-time high of $61.80, which it hit on September 2, 2021.
However, CMCSA resumed its share repurchase program in May 2021, reflecting its confidence. And during its third quarter of fiscal 2021, it paid $1.20 billion in dividends. Furthermore, it reported the most wireless net additions in the third quarter since the launch of Xfinity Mobile in 2017. And its NBCUniversal results continue to be driven by the ongoing recovery at its domestic theme parks. So, CMCSA’s near-term prospects look promising.
