DISH Network has the Lowest Relative Performance in the Cable Satellite Industry

DISH Network has the Lowest Relative Performance in the Cable & Satellite Industry (DISH, DTV, CMCSA, CMCSK, CVC)
Written on Tue, 07/06/2010 - 5:12am
By Chip Brian

Below are the top five companies in the Cable & Satellite industry as measured by lowest relative performance. This analysis was based on yesterday's trading activity as we search for stocks that could be relative bargains.
DISH Network (NASDAQ:DISH) ranks first with a loss of 2.97%; DIRECTV (NASDAQ:DTV) ranks second with a loss of 2.1%; and Comcast (NASDAQ:CMCSA) ranks third with a loss of 1.58%.
Comcast (NASDAQ:CMCSK) follows with a loss of 1.26% and Cablevision Systems (NYSE:CVC) rounds out the top five with a loss of 1.24%.
SmarTrend is bearish on shares of DISH and our subscribers were alerted to Sell on May 21, 2010 at $20.63. The stock has fallen 13% since the alert was issued.