Charter Communications, Inc. (CHTR): Among the Best Forever Stocks to Buy Right Now

Charter Communications, Inc. (CHTR) has emerged as one of the top "forever stocks" to consider for long-term investment, given its strong financial performance, extensive network infrastructure, and attractive valuation. As of February 14, 2025, Charter's market cap stands at $51.14 billion, with a 1-year change of 4.92%. The company's stock price is $360.27, and it has a P/E ratio of 10.299314 and a forward P/E of 8.464049. Charter's attractive valuation, coupled with its solid fundamentals, makes it an appealing choice for investors seeking steady growth and income.



Charter's business model is built on multiple revenue streams, including cable television, internet services, voice services, mobile services, advertising, and enterprise solutions. This diversification helps mitigate risks associated with relying on a single revenue source and contributes to the company's long-term stability. Additionally, Charter's focus on network evolution, expansion, and execution has delivered tangible results, positioning the company for customer and profitability growth. The company has clear visibility to free cash flow growth following this unique one-time investment cycle.



One of the key factors contributing to Charter's status as a "forever stock" is its strong financial performance. In 2024, Charter's revenue grew by 0.9% year-over-year, and full-year 2024 Adjusted EBITDA totaled $22.6 billion, a 3.1% increase from the prior year. Charter's consistent revenue and profit growth, coupled with its solid balance sheet, strengthens the company's market position and provides resources for further investment in network upgrades and expansion.

Charter's extensive network infrastructure is another critical factor in its long-term prospects. As of December 31, 2024, Charter's estimated passings were 56,861,000, with a total of 31.5 million customer relationships. Charter's vast network allows it to offer high-speed internet and reliable services across a wide geographical area, providing a competitive edge in terms of service quality and coverage. This extensive network, combined with Charter's strong brand recognition and bundling options, enables the company to attract and retain customers, driving revenue growth and market share expansion.



Charter's brand recognition, as operating under the well-known Spectrum brand, is another key differentiator. Strong brand recognition and customer loyalty help Charter compete effectively with larger competitors like Comcast and AT&T. Charter's bundling strategy, which offers bundled packages of TV, internet, and phone services at discounted rates, provides a competitive edge and attracts a broad customer base. This bundling strategy has been successful, with Charter reporting a 33.9% two-product penetration and an 18.5% three-or-more-product penetration among residential customer relationships (as of December 31, 2024).



Charter's attractive valuation, coupled with its strong fundamentals and competitive advantages, makes it an appealing choice for investors seeking steady growth and income. The company's focus on network evolution, expansion, and execution, combined with its strong financial performance and extensive network infrastructure, positions it well for long-term success. As Charter continues to invest in its network and expand its market reach, it is well-positioned to capitalize on the growing demand for broadband connectivity and cable services.

In conclusion, Charter Communications, Inc. (CHTR) is among the best "forever stocks" to buy right now, given its strong financial performance, extensive network infrastructure, and attractive valuation. The company's focus on network evolution, expansion, and execution, combined with its strong brand recognition and bundling strategy, positions it well for long-term success. As Charter continues to invest in its network and expand its market reach, it is well-positioned to capitalize on the growing demand for broadband connectivity and cable services. Investors seeking steady growth and income should consider adding Charter Communications to their portfolios.