9 top cable stocks to buy in 2024

The best cable stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

Top 9 stocks of Oct 2024

The top television stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

1. Spectrum Brands (SPB)
2. Comcast (CMCSA)
3. AMC Entertainment (AMC)
4. Verizon Communications (VZ)
5. Cable One (CABO)
6. Netflix (NFLX)
7. Discovery (DISCA)
8. Walt Disney Company (DIS)
9. DISH Network Corporation (DISH)

Our top broker picks

How to invest in cable stocks

1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
2. Sign up for an account. Provide your personal information and sign up.
3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like SPB or CMCSA.
5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into cable stocks

If you're interested in investing in the television industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

---

1. Spectrum Brands (SPB)

Spectrum Brands Holdings, Inc. operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, and Asia-Pacific regions. It operates through three segments: Home and Personal Care; Global Pet Care; and Home and Garden.

Spectrum Brands stock opened the day at $89.30 after a previous close of $89.52. The latest price was $89.52 (25-minute delay). Spectrum Brands is listed on the NYSE, has a trailing 12-month revenue of around USD2.9 billion and employs 3,100 staff.

• Market capitalization: $2,503,693,056
• P/E ratio: 22.7857
• PEG ratio: 2.02

Back to top

---

2. Comcast (CMCSA)

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.

Comcast stock opened the day at $42.06 after a previous close of $41.66. The latest price was $41.66 (25-minute delay). Comcast is listed on the NASDAQ, has a trailing 12-month revenue of around USD$121.1 billion and employs 186,000 staff.

• Market capitalization: $160,902,283,264
• P/E ratio: 11.0477
• PEG ratio: 0.6848

Back to top

---

3. AMC Entertainment (AMC)

AMC Entertainment Holdings, Inc. , through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe.

AMC Entertainment stock opened the day at $4.35 after a previous close of $4.32. The latest price was $4.32 (25-minute delay). AMC Entertainment is listed on the NYSE, has a trailing 12-month revenue of around USD$4.5 billion and employs 2,881 staff.

• Market capitalization: $1,575,507,840
• PEG ratio: 1.42

Back to top

---

4. Verizon Communications (VZ)

Verizon Communications Inc. , through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

Verizon Communications stock opened the day at $41.90 after a previous close of $41.38. The latest price was $41.38 (25-minute delay). Verizon Communications is listed on the NYSE, has a trailing 12-month revenue of around USD$134.2 billion and employs 101,200 staff.

• Market capitalization: $180,419,952,640
• P/E ratio: 18.5221
• PEG ratio: 2.4487

Back to top

---

5. Cable One (CABO)

Cable One, Inc. , together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home.

Cable One stock opened the day at $348.78 after a previous close of $343.65. The latest price was $343.65 (25-minute delay). Cable One is listed on the NYSE, has a trailing 12-month revenue of around USD$1.6 billion and employs 2,993 staff.

• Market capitalization: $1,947,632,000
• P/E ratio: 7.4967
• PEG ratio: 5.11

Back to top

---

6. Netflix (NFLX)

Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages.

Netflix stock opened the day at $756.17 after a previous close of $754.68. The latest price was $754.68 (25-minute delay). Netflix is listed on the NASDAQ, has a trailing 12-month revenue of around USD$37.6 billion and employs 13,000 staff.

• Market capitalization: $322,538,405,888
• P/E ratio: 42.3667
• PEG ratio: 1.527

Back to top

---

7. Discovery (DISCA)

Warner Bros. Discovery, Inc. , a media company, provides content across various distribution platforms in approximately 50 languages worldwide.

Discovery stock opened the day at $23.07 after a previous close of $24.43. The latest price was $24.43 (25-minute delay). Discovery is listed on the NASDAQ, has a trailing 12-month revenue of around USD$12.2 billion and employs 11,000 staff.

• Market capitalization: $12,399,226,880
• P/E ratio: 17.7286
• PEG ratio: 0.4839

Back to top

---

8. Walt Disney Company (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

Walt Disney Company stock opened the day at $95.81 after a previous close of $95.03. The latest price was $95.03 (25-minute delay). Walt Disney Company is listed on the NYSE, has a trailing 12-month revenue of around USD$90 billion and employs 173,250 staff.

• Market capitalization: $174,540,029,952
• P/E ratio: 36.834
• PEG ratio: 0.4547

Back to top

---

9. DISH Network Corporation (DISH)

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages.

DISH Network Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$15.6 billion and employs 14,200 staff.

• Market capitalization: $3,083,430,400
• P/E ratio: 3.0368
• PEG ratio: 12.8417

Back to top

Check out Finder's picks for the best brokerage accounts

See our list

Bottom line

While it’s possible to turn a profit investing in cable stocks, keep in mind that — like any investment — cable stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the television industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.