These Cable and Satellite Stocks Are Near 52-Week Lows

If you're aiming to buy low and sell high, then it makes infinite sense to start your search with bargain-priced stocks. Regularly reviewing a list of stocks trading near their 52-week lows can be a great first step.

In this series, I do the initial legwork for you. To prevent us from being inundated with scores of disparate companies, I conduct my search by industry. This allows us to make some initial comparisons among semi-related companies.

Today, let's look at the cable and satellite space. Following are the seven cable and satellite stocks that are within 20% of their 52-week lows and have market caps above $200 million.


Recent Price

52-Week Low

52-Week High

P/E Ratio (Trailing)

Shaw Communications (NYS: SJR) $20.13$18.92$23.2419.6
Cablevision Systems (NYS: CVC) $15.14$14.45$38.0810.1
Time Warner Cable (NYS: TWC) $62.48$57.19$80.8614.4
AMC Networks (NAS: AMCX) $33.49$29.66$44.2119.8
DIRECTV (NAS: DTV) $45.53$39.12$53.4015.0
Knology (NAS: KNOL) $14.23$12.19$16.1326.8
Virgin Media (NAS: VMED) $24.77$20.87$33.3275.7

Sources: S&P Capital IQ and Yahoo! FInance.

Note that Shaw Communications and Knology have both traded in tight ranges over the past year. However, the company with the lowest P/E ratio in the group, Cablevision Systems, is at less than half of its 52-week high. Shares that were already low plunged another 12.5% Friday after a rough earnings announcement, which followed an earnings miss by Time Warner Cable. However, beware -- our CAPS community rates Cablevision just one star out of five.

If you're interested in continuing your research on a stock mentioned here, add it to My Watchlist to stay abreast of all of our Foolish analysis.

At the time this article was published Anand Chokkaveludoesn't own shares of any company mentioned. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story