10 Best American Penny Stocks to Buy Now

6. Gannett Co., Inc. (NYSE:GCI)

Stock price as of May 6^th: $3.15

Number of Hedge Fund Holders: 34

Gannett Co., Inc. (NYSE:GCI) is a media and marketing company that owns diversified assets such as “USA TODAY” and numerous local newspapers across the US; “Newsquest”, a network of over 150 local news brands in the UK; and Digital Marketing Solutions, offering services under the LocaliQ brand. GCI’s advantage consists of delivering trusted journalism and digital experiences while also running close relationships with small and medium-sized businesses.

Gannett Co., Inc. (NYSE:GCI) reported mixed results for Q1 2025, with total operating revenues declining 10.1% YoY to $571.6 million. However, the company saw improvements in its bottom line, with net loss narrowing to $7 million from $84 million in Q1 2024. Free cash flow grew 7.6% to $10.2 million. The company also continued to reduce its debt, paying down approximately $75 million in Q1. GCI reaffirmed its full year 2025 outlook, expressing confidence in its ability to improve revenue trends and achieve a third consecutive year of adjusted EBITDA and free cash flow growth, making it one of the best American stocks to buy now.

Looking ahead, Gannett Co., Inc. (NYSE:GCI) expects digital revenue performance to stabilize with potential for flat to modest growth in Q2 and more substantial growth later in the year. The company is focused on several strategic initiatives, including deepening audience engagement, expanding first-party data capabilities, and enhancing its digital marketing solutions product suite. GCI also sees potential upside from the recent DOJ ruling against Google, which could lead to a fairer and favorable digital advertising marketplace for publishers. Management remains optimistic about the company’s long-term growth prospects, citing its industry-leading scale, diverse digital businesses, and ongoing investments in digital initiatives.