With a market cap of $58.3 billion, Charter Communications, Inc. (CHTR) is a leading broadband connectivity and cable operator serving residential and commercial customers across the United States. The company provides subscription-based internet, video, mobile, and voice services, while also offering advertising, enterprise IT solutions, and regional sports and news networks.
Shares of the Stamford, Connecticut-based company have significantly outperformed the broader market over the past 52 weeks. CHTR has surged 52.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 10%. Moreover, shares of Charter Communications are up 20.6% on a YTD basis, compared to SPX’s marginal decline.
