Industry analyst likes Time Warner Cable stock

07/9/2008 | Light Reading

Influential cable industry analyst Craig Moffett of Sanford C. Bernstein & Co. says the trifecta of the Summer Olympics, the presidential election and the switch to all-digital TV signals makes Time Warner Cable a strong buy for investors right now. The country's second-largest cable provider is in the process of being spun off from Time Warner Inc., a deal that could be wrapped up as soon as the fourth quarter.

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