Comcast Earnings Double, but It Still Gets No Respect


Comcast (CMCSA) is the Rodney Dangerfield of media companies.

No matter what the world's largest cable company says or what it does, it gets no respect. That's even the case when, like yesterday, the Philadelphia-based firm reported that fourth-quarter earnings more than doubled. How did Wall Street respond? It sent Comcast's shares down. And they're trading down again today (along with the rest of the market). It's baffling to some observers.