Expectations of widespread cord-cutting by cable TV customers appear overblown, but that doesn't...

|By:, SA News Editor

Expectations of widespread cord-cutting by cable TV customers appear overblown, but that doesn't mean it's a good time to invest in cable stocks, Barclays believes. Cablevision (CVC -0.6%) has bounced 44% since early June, and it probably doesn’t have much juice left, and its discount to Time Warner Cable TWC +0.3%) is no longer large enough to justify an investment.