Greenlight's Comcast Play: A Cautionary Tale for Value Investors Greenlight Capital's second quarter 2026 investor letter has left many in the investment community perplexed by its decision to add Comcast (CMCSA) to its portfolio.
The move may seem like a straightforward value play, given CMCSA's market capitalization of $3. 51 billion and 52 week trading range of $21. 28 to $32.
86, which suggests that the stock has been undervalued for some time. However, Greenlight's commentary on CMCSA reveals a more nuanced picture.