12 Best Long Term Low Risk Stocks to Buy Right Now

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11. Comcast Corporation (NASDAQ:CMCSA)

Number of Hedge Fund Holders: 72 

Comcast Corporation (NASDAQ:CMCSA) operates as a media and technology company worldwide. In the fourth quarter of 2024, Comcast reported revenues of $31.9 billion, a 2% increase from the same period last year. Adjusted earnings per share (EPS) rose by 11% to $0.96. The studio division contributed to a 7% revenue increase to $3.27 billion and an 85% surge in adjusted earnings to $569 million. In response to broadband subscriber losses, Comcast is focusing on its mobile business, aiming to bundle mobile and broadband services to attract and retain customers. Comcast has also announced plans to spin off its media and entertainment assets into a separate company, allowing the remaining entity to concentrate on core growth areas such as residential broadband, wireless, business services, and streaming.

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