Tech Analyst: TV Business in 2012

The introduction of “virtual” cable that can provide “real” TV from the internet could cause a migration away from traditional cable TV in 2012, says BTIG analyst Rich Greenfield. He anticipates that a large company could arrange a host of distribution deals, allowing them to offer customers almost the same assortment of channels for live TV that they now get through cable providers.

Although BTIG analyst Rich Greenfield predicts a shift by consumers away from cable TV to web-based options, he believes cable companies will linger. Broadband has better margins than the TV business, and customers may choose upgrades to their broadband service as interest in streaming video grows.

Here’s the companies that will play a big role in 2012:

Comcast Corporation (NASDAQ:CMCSA): CMCSA shares recently traded at $22.68, up $0.21, or 0.93%. They have traded in a 52-week range of $19.19 to $27.16. Volume today was 13,958,904 shares versus a 3-month average volume of 19,754,500 shares. The company’s trailing P/E is 16.32, while trailing earnings are $1.39 per share. Get the most recent company news and stock data here >>

Time Warner Inc. (NYSE:TWX): TWX shares recently traded at $34.60, up $0.67, or 1.97%. They have traded in a 52-week range of $27.62 to $38.62. Volume today was 4,616,555 shares versus a 3-month average volume of 8,168,950 shares. The company’s trailing P/E is 13.14, while trailing earnings are $2.63 per share. Get the most recent company news and stock data here >>

Charter Communications, Inc. (NASDAQ:CHTR): CHTR shares recently traded at $52.94, up $1.77, or 3.46%. They have traded in a 52-week range of $35.42 to $61.15. Volume today was 309,988 shares versus a 3-month average volume of 366,169 shares. The company’s trailing earnings are $-3.48 per share. Get the most recent company news and stock data here >>

Cablevision Systems Corporation (NYSE:CVC): CVC shares recently traded at $14.23, up $0.19, or 1.35%. They have traded in a 52-week range of $13.97 to $38.08. Volume today was 3,080,415 shares versus a 3-month average volume of 3,116,120 shares. The company’s trailing P/E is 11.93, while trailing earnings are $1.19 per share. Get the most recent company news and stock data here >>

Wal-Mart Stores Inc. (NYSE:WMT): WMT shares recently traded at $58.32, up $0.34, or 0.59%. They have traded in a 52-week range of $48.31 to $59.40. Volume today was 10,056,137 shares versus a 3-month average volume of 12,068,500 shares. The company’s trailing P/E is 12.34, while trailing earnings are $4.72 per share. Get the most recent company news and stock data here >>

Amazon.com Inc. (NASDAQ:AMZN): AMZN shares recently traded at $193.03, up $2.55, or 1.34%. They have traded in a 52-week range of $160.59 to $246.71. Volume today was 5,156,247 shares versus a 3-month average volume of 7,043,530 shares. The company’s trailing P/E is 101.76, while trailing earnings are $1.90 per share. Get the most recent company news and stock data here >>

Microsoft Corporation (NASDAQ:MSFT): MSFT shares recently traded at $25.70, up $0.3, or 1.18%. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 53,777,735 shares versus a 3-month average volume of 56,315,200 shares. The company’s trailing P/E is 9.34, while trailing earnings are $2.75 per share. Get the most recent company news and stock data here >>

Dish Network Corp. (NASDAQ:DISH): DISH shares recently traded at $25.83, up $0.49, or 1.93%. They have traded in a 52-week range of $17.95 to $32.56. Volume today was 3,646,393 shares versus a 3-month average volume of 3,696,500 shares. The company’s trailing P/E is 7.92, while trailing earnings are $3.26 per share. Get the most recent company news and stock data here >>

Verizon Communications Inc. (NYSE:VZ): VZ shares recently traded at $38.43, up $0.62, or 1.64%. They have traded in a 52-week range of $32.28 to $38.95. Volume today was 12,338,587 shares versus a 3-month average volume of 15,747,600 shares. The company’s trailing P/E is 15.45, while trailing earnings are $2.49 per share. Get the most recent company news and stock data here >>