Analyst Rates Comcast, Cablevision As Buys - Multichannel

Analyst Rates Comcast, Cablevision As Buys

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Fulcrum Global Partners media analyst Richard Greenfield initiated coverage of the MSO sector, placing "buy" ratings on Comcast Corp. and Cablevision Systems Corp. while rating Cox Communications Inc., Charter Communications Inc., Mediacom Communications Corp. and Insight Communications Co. at "neutral."

In a report, Greenfield wrote that Comcast was a "must-own" stock in the sector because of its size and scale.

Comcast is the largest MSO in the country, with about 21.5 million customers.

Cablevision made the buy list because of what Greenfield called a "vast improvement" in management decision-making over the past nine months.

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