| As one of America’s largest cable and internet providers, Comcast Corp. (Nasdaq: CMCSA) got through the upheaval of 2020 mostly unscathed. Demand for high-speed internet and digital entertainment had never been higher. Comcast’s stock price reflects that optimism. Shares soared to as high as $58.58 last month before settling to about $53 as I write this. That’s 66% higher than its 52-week low. And CMCSA may be setting up for another ride higher as President Biden’s $2 trillion infrastructure bill makes its way through Congress. Click here to see what Biden’s “internet for all” initiative could mean for this “Bullish” comms stock. 
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| He believes the market potential of a new crypto-based tech is 6X bigger than bitcoin… and most investors have no idea it exists. | |
Marijuana Market Update
The legal cannabis market is expanding at a rapid pace. And that’s a good sign for the future of the cannabis industry and its underlying stocks. In recent weeks, I’ve covered cannabis legalization measures across the country and in Washington, D.C. Today, I examine the future of markets in states where adult-use cannabis is either legal or nearly legal. I’ve noticed some promising trends. Check them out in my Marijuana Market Update. 
Suggested Stories: Newmont's Dividend Is Inflation-Proof — and Bullish to Boot Huge Semiconductor Demand Fuels This Stock's Growth
Chart of the Day
Inflation appears to be rising. In the most recent report, the Consumer Price Index jumped 2.6% compared to a year ago. When comparing prices to last year, some argue there should be an increase because the economy was at a standstill last spring. This makes year-over-year comparisons unreliable. But consumers are concerned about the impact of higher prices on their finances. Investors are joining them in that concern. And my chart today shows the S&P 500 performs worse during high inflation periods. The blue shading indicates times when the CPI exceeded 3.5%. Let’s see how inflation has impacted stocks in the past. 
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| 
1999: Wayne Gretzky announced his retirement from the National Hockey League. | |
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