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Cablevision is getting its business right, one customer at a time

 Sep 22, 2009 10:40 PM UTC
Return Risk
+1.12% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CVC Positive 09/22/09 +2.11% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

It looks like Cablevision Systems Corporation (NYSE: CVC) is starting to get-it-in-gear. Hence, I'm reiterating my Buy rating for CVC, first recommended on May 29, 2009 at a price of $19.03. If you purchased CVC then, you're up about 30%.

Even ignoring the potential spin-off of sports arena Madison Square Garden, Cablevision's positives have always been compelling: fifth-largest cable t.v. operator (about 10.4 million revenue generating units), with a strong presence in a lucrative market (New York City area, 3.1 cable t.v. subscribers); included in that are about 2.8 million premium cable t.v. subscribers, called iO Digital; nearly 2.5 million high-speed internet subscribers; and 1.9 million internet voice (telephone) subscribers.

Continue reading Cablevision is getting its business right, one customer at a time

Cablevision is getting its business right, one customer at a time originally appeared on BloggingStocks on Tue, 22 Sep 2009 17:40:00 EST. Please see our terms for use of feeds.

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