Comcast (CMCSA) Positioned for Resilience and Growth Amid Market Volatility and U.S. Tax Tailwinds

Comcast Corporation (NASDAQ:CMCSA) is one of the 10 best defensive stocks to buy in a volatile market. On July 7, Citi analysts said U.S. tax reforms—including full bonus depreciation and expanded interest expense deductions—are set to boost cash flows for North American telecom operators. These changes, part of a new fiscal bill signed by President Trump, are expected to lift industry-wide free cash flow by 10% in 2025 and improve long-term profitability.

Citi reiterated its “Buy” rating on Comcast, citing improved cash flow prospects and potential for accelerated buybacks. Alongside Verizon and AT&T, Comcast is expected to be a key beneficiary of the legislation, which also includes new spectrum access initiatives for the telecom sector.

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Disclosure: None. This article is originally published at Insider Monkey.