Disney World's Top Rival Gets Ready to Bounce Back

It's been a challenging year for Comcast (NASDAQ: CMCSA) in general, and its brand new Florida theme park in particular. The media stock has fallen 18% this year, an unflattering slide in an otherwise rising market. It's fair to say that investing in Comcast hasn't been easy.A lot was riding on the springtime opening of Epic Universe, expanding the footprint of Comcast's Universal Orlando resort. But the gated attraction's early performance isn't the reason for the stock's fall. There are more things for Comcast investors to worry about than early hiccups at the highly immersive theme park.Comcast is leaning on its cable TV and consumer broadband connectivity businesses to generate the lion's share of its cash flow. Historically it's been able to use that money to bankroll bets that don't have to pay off right away. Now the rules of engagement are changing, with its connectivity business joining its cable TV business in a gradual but definite state of decline. It can't afford to whiff when swinging for the fences. This brings us to Epic Universe. It has a problem. Comcast has to make sure it can fix it.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool