Facebook Outlines Decelerating Growth Outlook

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Facebook (FB) shares are down 18% this morning following slightly weaker than expected 2Q18 earnings and more significantly a dramatic and totally unexpected slashing of its revenue growth and profitability outlook over the next several years.  Northlake sees FB shares trading in a range of $160-$200 looking ahead to the rest of the year with […]

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Comcast Strength Driven by Broadband

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If I told you Comcast had more almost 3% more subscribers today than a year ago, I bet you would think I was crazy.  Well, that is the truth.  Yes, the company is losing video subscribers to cord cutting in favor of Netflix, Hulu or skinny streaming cable-like channel bundles.  But broadband is still growing […]

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