5 Best Telecom Companies to Invest In

2. CHARTER COMMUNICATIONS INC

Number of HFs: 73

CHARTER COMMUNICATIONS share returned nearly 20 percent YTD as compared to T-Mobile 6.41 percent returns and AT&T’s 11 percent loss during the same period.

In its Q3 2023 investor letter, the Weitz Conservative Allocation Fund provided insights and commentary on Charter Communications, Inc. (NASDAQ: CHTR).

“We swapped the Fund’s Liberty Broadband Corporation (NASDAQ:LBRDK) shares back to Charter Communications, Inc. (NASDAQ:CHTR) (Charter is by far Liberty Broadband’s largest asset), and the combined position was the most notable quarterly contributor. Investor sentiment around broadband’s competitive position became less negative, and the stocks rebounded nicely from what we considered oversold levels. “