Comcast Stock: Buy, Sell, or Hold?
One such stock is Comcast (NASDAQ: CMCSA), a seemingly undervalued company that also has a key asset with an uncertain future and a division that is performing very well. According to Statista, Hulu generated almost $2.5 billion in 2020, making it the most successful ad-supported video-on-demand (AVOD) service operating across North America. The analytics firm projects Hulu will continue to dominate the AVOD space for a while yet, estimating the platform will exceed $5 billion in revenue by the end of 2024.