“Hey guys, CHTR is currently about 1.4% of my portfolio. I bought just under a year ago around $320. It ran up into the $450s & now it’s just under $300. The debt they carry is terrible but I’m pretty sure with their earnings growth that they have forecasted, they will be able to work towards paying it off.
They don’t have a dividend but they buy back very large percentages of their shares. I prefer this over dividends.
I think they’ve reduced their share count by 1/3 over the last 5 years. I’ve been wanting to add to this and maybe make it 2-2.5% of my portfolio for awhile and I think this 25% drop over the last few days may be a great opportunity to go ahead and make that move.
Let me know what you think or if you think this debt is out of control.
I hope Steve has a speedy recovery.
A big thank you to Justin and Luke filling in full time in his absence.”
ROUDYFN via Apple Podcasts ·
United States of America ·
02/07/24