Buy Comcast Now Before Everyone Else Does (CMCSA)
I know that value investors feel a bit of frustration right now.
What with this correction so far seeing a peak 12.4% decline and now the market appears to be ripping higher again.
The market is now just 7% from its highs and tech stocks are, at least for the moment, screaming higher.
Does this mean the “buy the dip” crowd has won? It depends on your time frame.
- in the long-term buy the dip is always a good idea
- because stocks always go up if your time frame is long enough
In 2022 it’s possible that we’ll still see a 15% or even 20% correction, though it might not happen in the first half of the year.
But guess what? Amazing dividend growth blue-chips like Comcast (CMCSA) are still in a bear market and NOT screaming higher… yet.
Remember that it’s always