At this time, many on Wall Street feel that equities should ultimately turn down because of an unpromising macroeconomic outlook in the U.S. However, at least for the time being, it looks as though equities will continue to rise. While I continue to proceed with caution, I also continue to find solid stock selections in strong industries.
One company that fits the bill is
, which I wrote about in
my first column after my return to
. I continue to marvel at its ability to grow and make money.
Fueled by the release of its triple-play service in early 2006, Comcast enjoys continued double-digit growth. While rivals such as
unveiled their own versions of triple-play, the mainstream phone companies have yet to impede too much on Comcast's growth path.
During the market's furious rally last week, Comcast lost ground because of investor concerns over new competition; overall, though, I believe Comcast should be the type of stock that investors look to in just about any market condition.
In this day and age, people rely on their cable, phone and Internet, and with Comcast offering all three for a favorable rate, it has continued to increase its subscriber base. Furthermore, with $2.3 billion of levered free cash, the company possesses the means to deal with any competition by improving its system.
This leads me to today's deep-in-the-money play. I will place a limit order to buy 10 April 20s (CCQDD) at $4.80 or better.
Game of Life
"Actions speak louder than words," your mother used to tell you. Often, we can understand a feeling by a posture or expression -- slumped shoulders or wide eyes, for example. There is no need for explanation, because the words are uttered as she blinks back a tear or as she sighs with relief.
Silence is a phenomenon we don't usually experience in the hustle-and-bustle attitude of modern society. Sure, the library is a quiet place, and sitting at home alone on a rainy day can be quiet, but even then, it's often accompanied by your television set. Most social interactions, if not all, entail verbal communication to deliver a message. What if we could communicate effectively without ever uttering a word?
Marcel Marceau, the acclaimed French mime, achieved such a feat. His passing on Saturday provides an opportunity for us to reflect upon and appreciate the importance of his legacy.
Dressed in his costume of white face paint, a hat with a red flower and soft shoes, Marceau expressed human emotions on stage for more than 50 years ... without ever uttering a word.
He named his onstage persona "Bip." Bip made appearances around the world, from China, to South America, to Australia, to the U.S and all across Europe. Even at the fragile age of 84, Bip found a way to appear, still with the utmost exuberance and poise.
Marceau was a survivor of the Holocaust and lost his father in Auschwitz. He once told reporters, "Among those kids was maybe an Einstein, a Mozart, somebody who
would have found a cancer drug. That is why we have a great responsibility. Let us love one another." Marceau realized the importance of the relationships in our lives, and expressed his passion in a way that to some may have seemed juvenile or foolish, yet nonetheless was always moving and inspirational.
The loved artist once explained his work in a few words: "Do not the most moving moments of our lives find us without words?" His actions illustrated the complexity and profundity of the human emotion far more effectively than the gibberish of verbal communication. Too often, we say what we don't mean, and mean what we don't say. Marceau understood the depth of a feeling and personified the essence of an intangible notion.
The Players Club recognizes that life embodies a myriad of emotions that often go unnoticed. Who would have thought that silence could speak more loudly than words? By providing membership to an elite club to professional athletes, we strive to develop a microcosmic world in which to exist, making life more relaxing and less stressful.
Take the advice of Marceau to love each other, and always remember that actions speak louder than words.
Always remember: Life is a journey; enjoy the ride!
At the time of publication, Dykstra had no positions in stocks mentioned.
Nicknamed 'Nails' for his tough style of play, Lenny is a former Major League Baseball player for the 1986 World Champions, New York Mets and the 1993 National League Champions, Philadelphia Phillies. A three time All-Star as a ballplayer, Lenny now serves as president for several privately held businesses in Southern California. He is the founder of The Players Club; it has been his desire to give back to the sport that gave him early successes in life by teaching athletes how to invest and protect their incomes. He currently manages his own portfolio and writes an investment strategy column for TheStreet.com, and is featured regularly on CNBC and other cable news shows. Lenny was selected as OverTime Magazine's 2006-2007 "Entrepreneur of the Year."