Comcast Corp. (CMCSA, Financial) (1.1%) (CMCSA — $46.26 — NYSE), is a broadband and television provider in the U.S., U.K., Italy, and Germany. CMCSA is also a leading media company through its ownership of NBCUniversal. Comcast launched Peacock, a new streaming service (with ad-supported tiers), in July. The firm is a strong free cash flow generator and its valuation is attractive at 8x 2021 projected EBITDA.
From Mario Gabelli (Trades, Portfolio)'s Gabelli Asset Fund third-quarter 2020 shareholder commentary.
