Comcast Attracts Bullish Sentiment Following Latest Report

Comcast Corporation CMCSA reported earnings for the fourth quarter on Wednesday. Today, the company's shares hit a new 52-week high of $25.39 during the intraday session (there's still more than two hours left until the closing bell rings, so that high point could eventually change). The 52-week low for the cable business is $15.55. The one-year chart tracks the positive momentum of the equity. Will the stock break out to new heights from this juncture?I 'll tell you, the news seems to be good. According to TheStreet.com, adjusted profit of 35 cents per share went beyond the overall projection by three pennies. Free cash flow for the quarter soared 46%. The corporate press release says that, for the entire year, free cash flow jumped 22%. Continue reading the article.