2 Cable Stocks You Don't Have to Babysit
While the overall pay-television industry has to worry about cord-cutting, the two top cable companies have figured out how to ride out that storm.
It's not that Comcast (NASDAQ: CMCSA) and Charter Communications (NASDAQ: CHTR) are immune to the growing trend. It's that both companies have been able to minimize losses in cable while growing in broadband.
Going forward, these companies still have to worry about customers opting to drop their pay-TV packages, but they have various ways to deal with that. Both have enough subscribers to demand flexibility from content partners and that, along with the ability to grow in broadband, should make Comcast and Charter stocks that you can hold without having to worry.
Source: Fool.com
Comcast Corp. Stock
€21.94
0.710%
With 31 Buy predictions and 4 Sell predictions Comcast Corp. is one of the favorites of our community.
With a target price of 30 € there is a positive potential of 36.77% for Comcast Corp. compared to the current price of 21.94 €.
