Dish Network Is Worth Considering Pre-Earnings

Dish Network Corp. (NASDAQ: DISH)

Services; CATV Systems; HOLD 

Dish Network is primarily a Satellite TV service provider operating in the U.S. The company offers pay-TV services along with satellite broadband, and wire-line voice and broadband to its customers. Although legacy pay-TV market's outlook is sluggish, Dish' stock can surge after earning release amid following reasons:

1. Sling TV early numbers can boost investors' confidence. Wall Street generally likes streaming services. Sling might have attracted decent number of subscriber as popular TV channels can be streamed using the service, which is a critical success factor.
2. Dish might unveil its plan regarding its wireless spectrum. Wireless spectrum is primary reason investors are putting much value on Dish. Any information related to spectrum monetization can act as a catalyst for short-term term stock price growth.

We strongly believe that Dish will head higher post earnings. However, over a longer term, Dish may not be a value stock amid pay-TV headwinds, lack of clarity regarding spectrum, intense competition and a conflict between streaming and legacy pay-TV.