Considering investing in cable stocks? While the best cable stocks depend on your portfolio and investment goals, we've identified some cable stocks that are worth keeping an eye on in the television sector. Keep reading to learn more about cable stocks and how to start investing.
9 popular cable stocks to watch
We round up a selection of stocks in or related to the television industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Spectrum Brands (SPB.US) | (data unavailable) | $1.4 billion (USD) | NYSE | (data unavailable) | Buy now |
| Comcast (CMCSA.US) | -35.53% | $98.5 billion (USD) | NASDAQ | 27,648,740 | Buy now |
| AMC Entertainment (AMC.US) | -52.14% | $1.2 billion (USD) | NYSE | 11,196,803 | Buy now |
| Verizon Communications (VZ.US) | -4.35% | $173.3 billion (USD) | NYSE | 19,897,815 | Buy now |
| Cable One (CABO.US) | (data unavailable) | $660.4 million (USD) | NYSE | (data unavailable) | Buy now |
| Netflix (NFLX.US) | -88.59% | $455.9 billion (USD) | NASDAQ | 53,593,403 | Buy now |
| Discovery (DISCA.US) | (data unavailable) | $12.4 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Walt Disney Company (DIS.US) | -8.74% | $187.8 billion (USD) | NYSE | 12,628,914 | Buy now |
| DISH Network Corporation (DISH.US) | (data unavailable) | $3.1 billion (USD) | NASDAQ | (data unavailable) | Buy now |
What to look for when investing in cable stock
The television industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering cable stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in cable stock
- Research the television industry. Before investing, learn about the cable stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the cable stock(s) to buy. Search by company name or ticker symbol, like SPB or CMCSA. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy cable stocks
Are cable stocks a good investment?
While it's possible to turn a profit investing in cable stocks, keep in mind that—like any investment—cable stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the television industry, so carefully vet your picks before you invest.What are the best cable stocks?
A lot of factors go into picking the best cable stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong cable stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular cable stocks in or related to the television industry to help narrow down your options:
- Spectrum Brands (SPB)
- Comcast (CMCSA)
- AMC Entertainment (AMC)
- Verizon Communications (VZ)
- Cable One (CABO)
- Netflix (NFLX)
- Discovery (DISCA)
- Walt Disney Company (DIS)
- DISH Network Corporation (DISH)
Keep in mind that this is not a "best" list or a recommendation. It highlights some cable stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each cable stock below. Keep reading to decide if any of these companies are the right investment for you.
Spectrum Brands (SPB)
Spectrum Brands Holdings, Inc. operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions. The company operates through three segments: Home and Personal Care (HPC); Global Pet Care (GPC); and Home and Garden (H&G).
| Market Capitalization | $1.4 billion |
|---|---|
| Gross profit (TTM) | $1 billion |
| Profit margin | 3.56% |
| Revenue (TTM) | $2.8 billion |
| Earnings per share (TTM) | $3.85 |
| 52-week stock price range | $49.58 – $93.70 |
Comcast (CMCSA)
Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.
| Closing stock price | $27.43 |
|---|---|
| Market Capitalization | $98.5 billion |
| Gross profit (TTM) | $88.6 billion |
| Profit margin | 18.33% |
| Revenue (TTM) | $123.3 billion |
| Earnings per share (TTM) | $6.02 |
| 52-week stock price range | $25.75 – $41.87 |
AMC Entertainment (AMC)
AMC Entertainment Holdings, Inc. , through its subsidiaries, engages in the theatrical exhibition business in the United States and Europe. It owns, operates, or has interests in theatres.
| Closing stock price | $2.35 |
|---|---|
| Market Capitalization | $1.2 billion |
| Gross profit (TTM) | $728.3 million |
| Profit margin | -13.16% |
| Revenue (TTM) | $4.9 billion |
| Earnings per share (TTM) | -$1.47 |
| 52-week stock price range | $2.05 – $5.56 |
Verizon Communications (VZ)
Verizon Communications Inc. , through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).
| Closing stock price | $40.67 |
|---|---|
| Market Capitalization | $173.3 billion |
| Gross profit (TTM) | $81.7 billion |
| Profit margin | 14.43% |
| Revenue (TTM) | $137.5 billion |
| Earnings per share (TTM) | $4.69 |
| 52-week stock price range | $35.79 – $45.09 |
Cable One (CABO)
Cable One, Inc. , together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home.
| Market Capitalization | $660.4 million |
|---|---|
| Gross profit (TTM) | $1.1 billion |
| Profit margin | -29.78% |
| Revenue (TTM) | $1.5 billion |
| Earnings per share (TTM) | -$80.59 |
| 52-week stock price range | $96.67 – $423.86 |
Netflix (NFLX)
Netflix, Inc. provides entertainment services. The company offers television (TV) series, documentaries, feature films, and games across various genres and languages.
| Closing stock price | $103.96 |
|---|---|
| Market Capitalization | $455.9 billion |
| Gross profit (TTM) | $20.9 billion |
| Profit margin | 24.05% |
| Revenue (TTM) | $43.4 billion |
| Earnings per share (TTM) | $2.40 |
| 52-week stock price range | $82.11 – $134.12 |
Discovery (DISCA)
Warner Bros. Discovery, Inc. , a media company, provides content across various distribution platforms in approximately 50 languages worldwide.
| Market Capitalization | $12.4 billion |
|---|---|
| Gross profit (TTM) | $7.6 billion |
| Profit margin | 8.25% |
| Revenue (TTM) | $12.2 billion |
| Earnings per share (TTM) | $1.38 |
Walt Disney Company (DIS)
The Walt Disney Company operates as an entertainment company in Americas, Europe, and the Asia Pacific. It operates in three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
| Closing stock price | $106.77 |
|---|---|
| Market Capitalization | $187.8 billion |
| Gross profit (TTM) | $35.7 billion |
| Profit margin | 13.14% |
| Revenue (TTM) | $94.4 billion |
| Earnings per share (TTM) | $6.85 |
| 52-week stock price range | $79.76 – $124.69 |
DISH Network Corporation (DISH)
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages.
| Market Capitalization | $3.1 billion |
|---|---|
| Gross profit (TTM) | $5.3 billion |
| Profit margin | 7.81% |
| Revenue (TTM) | $15.6 billion |
| Earnings per share (TTM) | $1.90 |
Compare trading platforms to buy cable stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding cable stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of cable stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the television industry to know when to buy, sell or hold.Frequently asked questions about cable stocks
Sources
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