Cable companies recession-proof?

Iria · Jul 12, 2006, 05:16 PM

Source: News.com
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Investors seeking a hedge against a possible U.S. economic downturn may want to take a look at the cable television industry.

Cable operators have in the past been thought recession-resilient as consumers were seen more likely to stop dining out or buying new clothes before they stopped paying their cable bill.

With the industry's expansion into Internet and telephone services, analysts say cable shares are becoming almost recession-proof.

Jul 12, 2006, 05:16 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Cable companies recession-proof? Source: News.com __________ Investors seeking a hedge against a possible U.S. economic downturn may want to take a look at the cable television industry. Cable operators have in the past been thought recession-resilient as consumers were seen more likely to stop dining out or buying new clothes before they stopped paying their cable bill. With the industry's expansion into Internet and telephone services, analysts say cable shares are becoming almost recession-proof.