Comcast oversold and undervalued

CMCSA beat earnings last week but a potential run higher was thwarted by the overall negative news/low confidence in the market. Average analyst 1yr target is $51 and most of the bearish commentary on CMCSA is around the company's $100 billion debt. Long term performance outlooks are bearish but there is definitely some room for short term profit and indicators are suggesting a potential entry point here. Watching for a confirmed bottom and return of bullish momentum.