The following commentary is from an investment professional with Clear Harbor Asset Management who is a participant in TheStreet's expert contributor program.
NEW YORK ( TheStreet) -- Cable stocks are often overlooked for a variety of reasons. For one thing, people tend to associate their cable provider with rising prices and bad customer service, and no one likes to get their monthly cable bill. Moreover, cable technology -- the big, ugly set top boxes, the annoying remote controls and the antiquated user interfaces -- is like a wet blanket in comparison to the warm and fuzzy feeling we get when using Apple's (AAPL) gadgets or Web sites like Amazon (AMZN), Google (GOOG) or Netflix (NFLX).
And what about cord-cutting -- the possibility that we could drop cable TV altogether and use online video sources for our information and entertainment needs? This threat has weighed on cable stocks and garnered widespread attention, but so far, it only seems to be happening on the margins -- particularly among young technophiles and penny-pinching types who don't watch sports.
Last week, I referred to
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