Negative.
From StockStory: 2024-12-25 04:09:08
Altice USA’s stock price has climbed to $2.50 over the past six months, outperforming the S&P 500 by 13.4%. However, analysts are cautious about Altice due to declining broadband subscribers, a downward trend in earnings per share, and high debt levels. Altice’s $25.1 billion debt exceeds its cash reserves, making it overleveraged. Investors are advised to look for better stocks to buy. Check out our curated list of Top 6 Stocks for this week for potential investment opportunities in the current market climate.
Read more at StockStory: 3 Reasons to Sell ATUS and 1 Stock to Buy Instead
