Rebel Yell: Gigabit Internet On The Way
Most of us are surfing the internet as less than 50 megabits per second (Mbps). Some might even be accessing the internet with speeds as slow as 2 megabits. Yikes.
Now Comcast (CMCSA) has developed a way to surf the web at 1000 megabit or 1 gigabit. Below is the story we read over the weekend on this new technology. There are several important points found in this article.
Our scorecard on Comcast gives it a fair valuation to the price target but there is upside to the upper bound. The move to offering gigabit service could help jumpstart some earnings growth in 2016. Click on the scorecard to see full details.
Technically, Comcast has pulled back to support and is worth a look in 2016. Click on the scorecard to see full details.