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Here's Why Charter Communications (CHTR) is a Strong Growth Stock

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why This 1 Growth Stock Should Be On Your Watchlist

Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

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Charter Communications (CHTR)

Charter Communications is the second largest cable operator in the United States and a leading broadband communications company providing video, Internet and voice services. The company served approximately 32.1 million residential and small and medium business customers as of Dec 31, 2021.

CHTR sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of A. Earnings and sales are forecasted to increase 21.7% and 4.5% year-over-year, respectively.

Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $29.78 per share for 2022. CHTR boasts an average earnings surprise of 15.1%.

On a historic basis, Charter Communications has generated cash flow growth of 15.7%, and is expected to report cash flow expansion of 7.3% this year.

CHTR should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.


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