Charter Communications Inc Class A (CHTR): Today's Featured Services Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Charter Communications Inc Class A ( CHTR) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.5%. By the end of trading, Charter Communications Inc Class A fell $1.71 (-1.3%) to $126.56 on average volume. Throughout the day, 1,206,860 shares of Charter Communications Inc Class A exchanged hands as compared to its average daily volume of 1,118,000 shares. The stock ranged in price between $119.41-$127.74 after having opened the day at $127.48 as compared to the previous trading day's close of $128.27. Other companies within the Services sector that declined today were: Tiger Media ( IDI), down 16.6%, Empire Resorts ( NYNY), down 14.0%, Newlead Holdings ( NEWL), down 12.3% and Dex Media ( DXM), down 11.5%.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications Inc Class A has a market cap of $13.0 billion and is part of the media industry. Shares are up 68.0% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Charter Communications Inc Class A a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Charter Communications Inc Class A as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and disappointing return on equity.

On the positive front, China Yida ( CNYD), up 75.7%, Mecox Lane ( MCOX), up 60.4%, Liberty Media Corporation Class A ( LMCA), up 31.1% and Point.360 ( PTSX), up 15.3% , were all gainers within the services sector with Nordstrom ( JWN) being today's featured services sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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