Each month, Neil Macneale selects one stock to add to his model portfolio at 2-for-1 Stock Split Newsletter. Each new buy recommendation is chosen exclusively from stocks that have announced upcoming splits.

Our choices among stocks continues to be limited due to the ongoing lack of split announcements, but it seems there is almost always a last minute reprieve.

This time, it was the 2 for 1 split announcement from Comcast (CMCSA) on January 26th. Comcast's split shares began trading at their new split price on Tuesday, Feb. 21st.

I would rather have several candidates to choose from and, as you know, I’m willing to go back to the splits from over the previous six months to be sure I have the best company. But, in this case, Comcast is just what we’re looking for.

Comcast is a name we all know for good reason. The company supplies over half of all the broadband connections in the country and over 20 percent of the pay TV market.

This is a big business ($180 billion market cap). While obviously not satisfying my liking for “under the radar” stocks, there are several other criteria that give CMCSA a good score on the 2 for 1 ranking algorithm.

Sales and earnings growth are very healthy for CMCSA, yet its price-to-earnings ratio is well below that of the telecommunications sector and the overall market.

Its 1.66% dividend yield isn’t overly generous, but it is secure and has been growing at a 20% annual rate for the last five years.

Volatility is only very slightly over that of the overall market. Debt is higher than that for the average 2 for 1 stock but lower than its industry average. In sum, Comcast will be a safe, stable anchor for the 2 for 1 portfolio.

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