Alyssa Munley ’24 pitched Comcast (NASDAQ: CMCSA) on March 25, 2024. Comcast is a global media and technology company headquartered in Philadelphia, Pennsylvania. They are the largest multinational telecommunications and media conglomerate in America, offering video streaming, television programming, cable networks, high-speed Internet, film and television production, theme parks, and digital media.
Alyssa’s investment thesis focused on Comcast’s diverse revenue streams, their strong financial growth in a competitive environment, and their lucrative partnerships. SMIF voted to purchase approximately $52,000 worth of CMCSA, funded through the sale of XLC.