Stocks

$100 in Comcast Shares 15 Years Ago Equals $700 Now

Published February 1, 2024

A long-term investment in Comcast Corporation CMCSA could have yielded significant returns for investors. Focusing on the company's performance over the past decade and a half, evidence suggests that Comcast has consistently outperformed the market. An initial investment of $100 in CMCSA stock fifteen years ago would have grown to approximately $700 today, marking a noteworthy increase in value.

Comcast's Market Performance

Specifically, Comcast has overtaken the broader market averages with an above-average annualized return. Over the 15-year period, the media and technology company has delivered an annualized outperformance of 1.19%, culminating in an average annual return of 13.58%. This robust performance reflects Comcast's sustained growth and adaptability in a dynamic industry.

Understanding Comcast's Market Value

In terms of market presence, Comcast, under the ticker CMCSA and including shares of its Comcast Holdings Corp. CCZ, has achieved significant growth in market capitalization, which now stands at $187.69 billion. The company's substantial market capitalization underscores its status as a major player in the media and telecommunications sectors, as well as its financial strength and investor confidence.

Investment, Performance, Growth