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Actionable news in CMCSA: Comcast Corporation,

Netflix Victory Is Comcast's Loss

Summary

The recent deal between Netflix and Comcast is a major step forward for these two companies.

The FCC has pushed for increasing openness for set-top boxes.

On this news, being short CMCSA makes sense.

In early July, as investors saw Netflix (NASDAQ:NFLX) shares begin to tumble on news of a downgrade by Needham, the share price quickly reversed when the company announced that it had entered into a deal with sometimes rival Comcast (NASDAQ:CMCSA) to allow users of the X1 system to...


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