Comcast Stock Will Go Much Higher, Says Jim Cramer
Comcast is one of Jim Cramer's favoriate media plays, and he thinks the stock will climb higher.
AT&T (T) - Get Report has unveiled DirectTV Now, its video streaming service, and TheStreet's Jim Cramer says people are worried about the kind of competition that will be created in the streaming space. But he says those worries are overdone. AT&T's new service will launch later this month. In terms of media plays, Cramer says he owns Comcast (CMCSA) - Get Report in his Action Alerts PLUS Charitable Trust Portfolio. Cramer predicts Comcast will go much higher thanks to its technology and "amazing cash flow."
