3 Reasons Why I Bought More Disney and Comcast Stock Last Week

I went to Comcast's (NASDAQ: CMCSA) new Epic Universe theme park this past weekend. It's a glorious celebration of next-gen ride technology, at least for the three flagship rides. There's a jaw-dropping eye for detail everywhere else. Through three days of previews, I got a taste of what will make the highly anticipated destination a major addition to the Central Florida tourism landscape. I also saw the flaws that will hopefully be addressed before the park officially opens to a wider audience.A couple of days before heading out to the new park, I added to a position in Comcast that I initiated earlier this year. I also increased my stake in long-term holding Walt Disney (NYSE: DIS), the one company that some may argue has the most to lose with the arrival of Epic Universe. I disagree. Let's dive into why I think both Comcast and Disney are compelling buys now.Investors have migrated away from most media stocks on this side of the pandemic. Go back one, three, or five years, and both Disney and Comcast are currently trading lower than they did at any of those starting lines. It's not fair. The businesses have grown in that time. Revenue at Disney and Comcast is 31% and 13% higher respectively than it was in fiscal 2019. Operating profits have also inched higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool