AdvisorNet Financial Inc has raised its stake in Comcast Corporation by 10.6%, bringing its total holdings to 12,267 shares. This increase suggests growing confidence in Comcast’s performance and underscores its position as a leading cable giant.

RBC Capital Markets has initiated coverage of Comcast, assigning a neutral rating largely due to fierce broadband competition. The report, published on Investing.com, indicates a wait-and-see approach regarding Comcast’s market position in the face of strong industry rivals.