BigPlaySnipers
Oct 22, 3:25 PM
$CHTR under the 200MA,
$250 intrinsic value , chart bottoming
$CHTR Charter Communications could be a major recovery play with a
$250 intrinsic value thesis. The stock is trading below its 200 day moving average, and the market is heavily focused on its internet customer losses, competition, and debt. But Charter still has a massive customer base, a growing Spectrum Mobile business, and billions in potential cost savings ahead. If internet customer losses slow, mobile growth continues, and spending drops as network upgrades finish, free cash flow could improve significantly. If the business stabilizes and investor sentiment turns around,
$CHTR could have substantial upside from these depressed levels.
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