Cramer Remix: Why this stock could be red hot [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
show chapters While the failed merger between Walgreens and Rite Aid has led to the pharmacy chains struggling to find their footing, their rival CVS has had the chance to shine, CNBC's Jim Cramer said. When the FTC blocked the Walgreens-Rite Aid merger, they actually laid the groundwork for less competition, because the delay and subsequent confusion ending up crushing Rite Aid, the Mad Money host said. They thought they were preventing the industry from becoming an effective duopoly, instead they turned it into one. And the biggest winner here is CVS: it's a best-of-breed stock with a lot more room to run. Walgreens announced its acquisition of Rite Aid in 2015, but it became clear in the following year that the Federal Trade Commission had its concerns about the deal for anti-trust reasons. Instead, Walgreens settled for buying almost 2,000 Rite Aid stores. Rite Aid then tried to sell itself to Albertsons, but that deal went up in smok
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CMCSA
News
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- Comcast’s Partnership with Town of Sharon Expands Fast, Reliable Internet to Previously Unserved AreasBusiness Wire
- What We Know About Tonight's Met Gala: Backed By TikTok, With Zendaya And More Co-Chairing ‘Garden Of Time' Themed Event [Forbes]Forbes
CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website