Charter Communications ( CHTR -1.04% ) has long been a value investing favorite. The company operates a large footprint of broadband and cable operations, which it consolidated after the 2016 acquisitions of Time Warner Cable and Bright House Networks. With legendary cable investor John Malone's Liberty Broadband Corporation ( LBRDK -1.26% ) owning more than 27% of shares and having a big input into Charter's strategy, the company seemed like a safe bet – until this year.