Nov. 4 at 11:26 AM
$CMCSA Kinda been waiting (not necessarily hoping) for a meaninful trimming off the top of the big market movers.
Everything (but one segment) has had its time to run...excepttion "value" and mainly telecomms. Everything includes AI, quantum, specs, metals, oil and gas, crypto, etc. have all seen overextension at some point most recently.
Value names and coincidentally one of the only segments in the market trading at sub 10 p/e (some sub 5 p/e) active buybacks, FCF generators, money market beating divy, meet and beats and guidance confirmed.
10Qs and balance sheets ALWAYS eventually find price discovery when the hype and hysteria diminishes and folks realize that numbers are the only thing that matters in the moment.
I like "left for dead" telecomms here and fwiw, many weller known "value investors" have as well in times past
$BRK.B
$VZ $T $CHTR
Let's see...
