Time Warner Cable Inc (TWC) in Focus: Stock Jumps 10.0%

0
Time Warner Cable Inc (TWC) in Focus: Stock Jumps 10.0%

Time Warner Cable Inc. (TWC) was a big mover last session, as the company saw its shares rise almost 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $116.88 to $123.51 in the past one-month time frame.

Play Quizzes 4

This popular cable TV company has seen 7 negative revisions in the past one month. The Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can last.

Time Warner Cable currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

London Value Investor Conference: Joel Greenblatt On Value Investing In 2022

The first London Value Investor Conference was held in April 2012 and it has since grown to become the largest gathering of Value Investors in Europe, bringing together some of the best investors every year. At this year’s conference, held on May 19th, Simon Brewer, the former CIO of Morgan Stanley and Senior Adviser to Read More

Comcast Corporation (CMCSA), which carries a Zacks Rank #2 (Buy), is the only better-ranked stock in the cable TV industry at the moment. However, investors interested in the broadcast-radio/TV industry may also consider stocks like Belo Corp. (BLC) and Phoenix New Media Limited (FENG). While Belo Corp retains a Zacks Rank #1 (Strong Buy), Phoenix New Media carries a Zacks Rank #2.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

BELO CORP (BLC): Free Stock Analysis Report

COMCAST CORP A (CMCSA): Free Stock Analysis Report

PHOENIX NEW MED (FENG): Free Stock Analysis Report

TIME WARNER CAB (TWC): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Updated on

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were audited and attested by Baker Tilly, an independent accounting firm.
Previous article The case for staying totally invested By David Rosenberg
Next article Almost Family Inc (AFAM) Jumps: Stock Up 6.8%

No posts to display