McCain stock: Income investors 'prefer' Comcast (CCW)


This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.

"For his entire career, John McCain has been a friend of big communications companies; one income-oriented play on this industry that would benefit from a McCain vicotry is Comcast Corp 7% Preferred (NYSE: CCW)," says Roger Conrad, in The Utility Forecaster.

"John McCain has been an opponent of attempts to regulate how communications companies do business. With McCain as president, companies will enjoy less regulation over how they manage their networks.

"One good play on the industry now is Comcast Corp 7% Preferred, which at recent prices now yields nearly 9%.

"Dividends are backed by the company's strong free cash flow -- cash flow less capital spending -- which more than tripled in the second quarter of this year.

"Comcast has been battling the current Federal Communications Commission on how it manages broadband access, and more flexibility will mean greater profitability.

"The preferred shares have come off in the current financial crisis and present compelling value. Buy up to 22."

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

Symbol Lookup
IndexesChangePrice
DJIA+6.5112,890.46
NASDAQ+11.372,927.23
S&P 500+1.991,351.95

Last updated: February 10, 2012: 01:18 AM

Hot Stocks

General Electric

19.13-0.11(-0.57)

Alcoa

10.64-0.03(-0.28)

Apple Inc

493.17+16.49(+3.46)

Google Inc 'A'

611.46+1.61(+0.26)

Bank of America

8.18+0.05(+0.62)

Wal-Mart Stores

61.96+0.34(+0.55)

Exxon Mobil Corp

84.88-0.44(-0.52)

Ford

12.69-0.15(-1.17)

Citigroup

33.66-0.57(-1.67)

IBM

193.13+0.18(+0.09)

Yahoo

16.00+0.22(+1.39)

Starbucks

49.20+0.48(+0.99)

Microsoft

30.77+0.11(+0.36)

Home Depot

45.27+0.10(+0.22)

DailyFinance Headlines

Benzinga Headlines

    TheFlyOnTheWall.com Headlines

      BioHealth Investor Headlines

      WalletPop Headlines

      DailyFinance BlackBerry App

      My Portfolios

      Track your stocks here!

      Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

      BloggingStocks Partners

      More from AOL Money & Finance

      BioHealth Investor Headlines

      Page Loaded in 1328854694330 ms.