The 2 Best Cable Provider Stocks to Buy in 2017
In the pay-television market, the big keep getting bigger. The two industry leaders in cable, Comcast (NASDAQ: CMCSA) and Charter Communications (NASDAQ: CHTR), dwarf every other provider except for AT&T's DIRECTV, which has a major disadvantage in that, as a satellite company, it cannot directly offer cable broadband service.
The cable business has, of course, been struggling. Cord-cutting, the practice of people dropping traditional pay television in favor of streaming options, has increased. In 2016 alone, the industry lost nearly 800,000 subscribers, but that only tells a piece of the story.
Cable has been losing subscribers, but Comcast is an exception. Image source: Getty Images.
Source: Fool.com
AT&T Inc.. Aktie
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