Not long ago, I wrote an article about one of my favorite stocks – SIRI (Sirius Satellite Radio). The link is below:
Not dissimilar to SIRI, I told a group of friends about CVC when it was around $22.00. In fact, I’ve been telling those close to me about this stock for years as it has several elements I like:
1) 5 million cable subscribers in the New York Metropolitan area!
2) A good management team along with a diversity of businesses.
3) A company that has shown boldness and risk.
4) A stock that has been volatile over the years which can be good for making profits.
A good friend acted on my recommendation. He purchased it in the low 20’s and today, it is in the $33-35.00 range. I’ve been doing well with CVC since the 1990’s and it has rarely disappointed.
If you want to consider CVC for your portfolio, I suggest that you do your own thorough research as my stock tastes may not be what you desire.
I’ll leave you with these parting words:
In my view, this stock is a very good one for the long term
For short term profits, it’s important to watch this stock closely if you want to do well
All the best with your investing and Happy Gswede Sunday!
There's no Cablevision in this part of the world - Southern Sweden by the sea.