WWE - Comcast: Opportunities Abound For This Dividend Growth Stock
- Income-oriented AT&T investors should be preparing a game plan for their portfolio, post spinoff of Warner Bros. Discovery.
- Warner-Discovery will house a number of strong brands, however the likelihood of price appreciation, let alone returning capital to shareholders, will be weighed down by the $58B in debt.
- For dividend investors with a longer time horizon, we offer up Comcast as a potential replacement for Warner Bros. Discovery, due to solid dividend growth and a recession-resistant business model.
- Comcast has several near-term catalysts with growth returning to the parks division and two upcoming Olympics.
- Furthermore, we speculate on some potential M&A opportunities for the company to transform their business.
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Comcast: Opportunities Abound For This Dividend Growth Stock