Charter Dumping, awesome opportunity

CHTR’s revenue declines ~1% annually, but aggressive buybacks reduce share count, and a major capex cycle ends next year, causing FCF to jump roughly 50% without operational improvement. The market overreacted to a minor earnings miss, creating a temporary price dislocation below the author’s DCF estimate of $330; the upcoming FCF inflection should close the gap. Buy CHTR at current discounted levels ($182-187) anticipating a re-rating as FCF expands and buybacks accelerate, targeting long-term value realization. Revenue decline could accelerate due to cord-cutting or competition; capex may not decline as expected; macro headwinds or interest rate sensitivity; leverage concerns.