Charter Communications, Inc. (CHTR) operates as a broadband connectivity and cable operator company serving residential and commercial customers. With a market cap of $53.7 billion, Charter Communications operates in 41 states with services available to more than 58 million homes and businesses in markets of all demographics and sizes.
Companies worth $10 billion or more are generally described as "large-cap stocks," Charter Communications fits this bill perfectly. Given the company's extensive customer base, its valuation above this mark is not surprising. It is the second-largest cable operator in the U.S. and the country's largest and fastest-growing rural internet provider.
