Charter Communications (CHTR) is one of the largest cable TV and broadband providers in the county. I have owned the stock for about a year, initially buying it because it seemed like a quality business that was out of favor and trading at a reasonable valuation multiple. The stock recovered a bit, until recently CHTR announced a decline in broadband subscribers which have caused a 9% selloff. Given the recent price moves and the fact I’ve held the stock for a while, I thought it would be a good idea to reevaluate its fair value.
what are you thoughts on chtr now? its at $280/share. It seems the capex is much higher than predicted? And the debt under higher for longer isn't helping either.
what are you thoughts on chtr now? its at $280/share. It seems the capex is much higher than predicted? And the debt under higher for longer isn't helping either.