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5 Reasons Cable Stocks Are Crushing the Market in 2019

TheMotleyFool

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5 Reasons Cable Stocks Are Crushing the Market in 2019

One of the last sectors investors might have expected to do well this year are cable stocks. After all, isn't cord-cutting happening en masse? Since these cable companies get a large portion of their revenues from selling traditional cable bundles, one would think cable stocks would be suffering, not prospering.

Yet three of the leading cable companies -- Charter Communications (NASDAQ: CHTR), Comcast (NASDAQ: CMCSA), and Altice USA (NYSE: ATUS) -- have all bested the market over the past 12 months, and by a wide margin.