Cable Still Seen as Defensive, But Faces More Competition -- Market Talk
Dow Jones2025-04-12
1433 ET - Cable operators are typically a defensive play during recessions, driven by their utility- and subscription-based offerings and limited competition, Bank of America analysts say in a research note. The companies face a tougher setup now, though, with more broadband and video competition compared to prior recessions, the analysts say. "This backdrop challenges the traditional perception of Cable companies as safe havens during an economic downturn," but cable will likely still outperform companies more dependent on advertising as tariffs drag on economic growth, the analysts say. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
April 11, 2025 14:33 ET (18:33 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments