Comcast Is Still A Buy After Its Q4 2017 Earnings Release

Comcast Corporation (CMCSA) released its fourth quarter 2017 earnings report with lots of positives. The company's top and bottom lines continue to grow thanks to its strong demand from its high-speed internet segment. In addition, the company is expected to benefit further from the tax reform bill with an estimate of 24% to 26% tax rate. Furthermore, the company announced its plan to return cash to its shareholders with a 21% increase in its dividend payment and a minimum of $5 billion of share buybacks in 2018. Despite the concern about its video subscriber loss in the past quarter, the company's plan to bundle its services should help reduce the subscriber loss in its video segment.

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