Comcast Cable
is a subscriber cable television provider and publicly traded corporation. Shares of the company's stock trade on the Nasdaq stock exchange under the ticker symbols CMCSA and CMCSK, which are two different classes of Comcast stock. Follow these steps to buy Comcast stock and invest in the company.
Instructions
1. Determine why you want to invest in Comcast Cable and research the company's financial performance for the last two or three years. What are the prospects for cable providers in the near-term and long-term? Consider factors such as other competitors, which include satellite TV providers and online streaming content providers. Skilled investors understand the business model of the companies they invest in.
2. Set up a stock account with an online broker, or shop around for a broker and financial adviser through the telephone directory. Novice stock buyers also join investment clubs to make group decisions about buying and selling shares of different companies.
3. Deposit money into your stock account.
4. Place an order through your broker or online account to buy shares of Comcast Cable. For example, if the stock is selling on the Nasdaq for $14.31 per share at the moment you wish to buy 100 shares, you should be prepared to invest $1,431 to buy the stock, plus the commission or fee you must pay for executing the trade.
5. Decide what you wish to accomplish with your investment and build a strategy for success. Will you sell the shares when they reach a certain price? To what low price would they have to fall to compel you to sell? Alternatively, would you want to increase your holdings of Comcast Cable if the share price falls for no apparent rational reason (such as fluctuations in the broader Nasdaq market on turbulent trading days)?
