5 Best Cheap Growth Stocks To Buy Now

4. Charter Communications, Inc. (NASDAQ:CHTR)

 Number of hedge fund holders: 68

Charter Communications, Inc. (NASDAQ:CHTR) is a broadband service and cable operating company in the US that operates in residential as well as commercial industries.

On July 29, the company released earnings for the fiscal second quarter of 2022. The company generated revenue of $13.60 billion. The normalized EPS reported was $8.80. The company has a next 5 year expected EPS growth rate of 29.27%.

On 28 September 2022, analyst Douglas Mitchelson of Credit Suisse maintained an Outperform rating on Charter Communications, Inc. (NASDAQ:CHTR) and lowered the firm’s price target from $676 to $551. Analysts have an average price target of $565.03 per share.

At the end of the second quarter of 2022, 68 hedge funds in the database of Insider Monkey held stakes worth $5.7 billion in Charter Communications, Inc. (NASDAQ:CHTR). Harris Associates is the largest shareholder in Charter Communications, Inc. (NASDAQ:CHTR) and owns shares worth $1.95 Billion. The investment covers 3.1% of the fund’s 13F portfolio.