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December 22, 2004

SpeculatingStocks.com Stock Pick: Charter Communications, Inc. (CHTR)

Stock Price: $2.17


Charter Communications, Inc. is a broadband communications company providing a full range of advanced broadband services to the home. Charter provides cable television, business-to-business video, data and Internet protocol (IP) solutions through Charter Business(TM).

CHTR has finally began to bottom at the $2.00 level after dropping from its high of $5.69 in January. This may very well be the best time to get into CHTR.

We believe the company has significant problems, liabilities are equal to assets, yet the company is a major player in the cable space and should be able to bounce back especially with the backing of Microsoft co-founder Paul Allen.

Any good news could send this stock over $3.00.

 
     
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