Comcast Forays Streaming Arena With Smart TV Launch


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • Comcast Corp (NASDAQ:CMCSAcollaborated with the Chinese manufacturer Hisense Home Appliances to launch XClass TV, intensifying rivalry with Roku Inc (NASDAQ:ROKU) and Amazon.com Inc (NASDAQ:AMZN).
  • The new TV prices are $298 for a 43-inch model and $348 for a 50-inch.
  • The sets go on sale this week in select Walmart Inc (NYSE:WMT) stores.
  • Smart TVs have become famous for making it easier to watch services like Netflix Inc (NASDAQ:NFLX), Bloomberg reports. Roku and Amazon sell streaming devices that connect to TV sets.
  • The smart TV marks the cable provider's first product offer directly to consumers beyond its territories, including Philadelphia, Houston, and Chicago, inviting competition with Samsung Electronics Co Ltd (OTC:SSNLF) and VIZIO Holding Corp (NYSE:VZIO).
  • The report added that Smart TVs could drive Comcast's advertising business with greater visibility into people's viewing habits. It could also provide a distribution boost to the company's streaming service, Peacock.
  • When customers buy an XClass TV, they get Peacock Premium, which costs $4.99 a month, free for a year. 
  • Price Action: CMCSA shares closed higher by 1.92% at $54.24 on Tuesday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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