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Barchart
Barchart
Sohini Mondal

Is Charter Communications Stock Outperforming the S&P 500?

Charter Communications CHTR CMCSA

Valued at a market cap of $49.1 billion, Charter Communications, Inc. (CHTR) operates as a broadband connectivity and cable operator company serving residential and commercial customers. Based in Stamford, Connecticut, the company offers its customers subscription-based Internet, video, mobile, and voice services. It also distributes news coverage and sports programming to its customers.

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Charter Communications’ fits this criterion perfectly. The broadband connectivity company and cable operator serves more than 57 million homes and businesses in 41 states through its brand Spectrum. 

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