5 Best Buy-the-Dip Stocks to Invest In Now

3. Charter Communications Inc. (NASDAQ:CHTR)

Charter Communications Inc. (NASDAQ:CHTR) is one of the 12 best buy-the-dip stocks to invest in now.

On June 5, Charter Communications Inc.’s (NASDAQ:CHTR) Spectrum brand made the announcement to expand its extensive network of fiber broadband. This will allow the company to deliver its Voice, TV, Mobile, and Internet offerings across areas that had been unserved or were minimally served. This entails 840+ additional residential and commercial customers.

The company’s Kentucky Management Area Vice President, Heather Day, reflected on the company’s multi-year ambition covering the rural sites. He attributed such ambition to massive private investment worth roughly $7 billion by the management. It clearly indicates a strong commitment towards a fiber infrastructure that would include more than 100,000 miles of additional capacity. Moreover, the management is confident about serving 1.7 million additional locations within the country, at highly efficient multi-gigabit speeds. Day stated:

“Spectrum is bringing gigabit broadband to rural communities in Indiana and across America. Our investment is providing residents and small businesses superior connectivity at highly competitive prices, backed by a team of skilled local technicians and 100% U.S.-based customer service.”

Charter Communications Inc. (NASDAQ:CHTR) is a broadband connectivity company. Under the Spectrum brand umbrella, it delivers voice, mobile, internet, and video services. It offers data networking solutions to business entities, while also delivering cable TV, video on demand, and advertising services. The company also owns local news channels, regional sports networks, and extends broadband connectivity to apartments, student housing, and RV parks.