This top media and entertainment company remains a Wall Street favorite, and it is a member of the BofA Securities US 1 list of top stock picks. Comcast Corp. (NASDAQ: CMCSA) is the largest U.S. provider of cable services, with over 22 million basic and nearly 27 million broadband subscribers. Through its acquisition of Sky, Comcast now has direct customer relationships with 53 million subscribers.
Comcast now also has a foothold in the European market (Germany, Italy and the United Kingdom) in addition to its U.S. operations. Comcast owns NBCU, which includes the NBC TV networks, Telemundo, MSNBC, USA, SyFy, Bravo, E!, CNBC, Universal Films and Universal Theme Parks.
Comcast has invested in technology to build an advanced network that delivers among the fastest broadband speeds and brings customers personalized video, communications and home management offerings.
Shareholders currently receive 2.01% dividend. The company is expected to lift the dividend to $0.27 a share from $0.25.
Deutsche Bank has set a $62 target price, but the consensus target is higher at $63.01. Comcast stock traded at $50.55 a share early Monday.
This consumer staples leader is a safe bet for nervous investors. Kimberly-Clark Corp. (NYSE: KMB) is a manufacturer of tissue, personal care, and health care products. Global brands include Huggies, Kotex, Kleenex, Cottonelle, Viva, Scott, Depend and Poise, as well as Andrex in the United Kingdom.
Last year, the company notified U.S. and Canadian customers about plans to increase net selling prices for most of its North American consumer products business. The percentage increase in prices were in the mid-to-high single digits. Almost all the price increases came into effect by the end of last June via changes in list prices. In addition, Kimberly-Clark’s baby and child care, adult care and Scott bathroom tissue businesses were affected by this move.
Investors now receive a dividend of 3.18%. The dividend is expected to rise to $1.21 per share from $1.14.
The $155 Jefferies price target is well above the $137.95 consensus target for Kimberly-Clark stock. The share price of $143.30 Monday morning was also higher.
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