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Cablevision has the right assets for the digital age

Posted Dec 2nd 2009 5:20PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

Much-maligned Cablevision Systems Corporation (CVC) is getting its act together, which is one reason I'm reiterating my buy rating for the company share's, first recommended on May 29, 2009 at a price of $19.03. If you bought CVC in May, you're up about 30%.

Look for a 2-4% revenue increase for CVC in 2010, led by telecom subscriber increases, but weighed-down by below-trend cable TV subscriber growth.

Continue reading Cablevision has the right assets for the digital age

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