10 Best Low Cost Stocks To Buy Under $50

5. Altice USA, Inc. (NYSE:ATUS)

Stock Price: $2.790

Altice USA, Inc. (NYSE:ATUS), one of the largest broadband and video service providers in the U.S., serves around 4.5 million customers across 21 states under the Optimum brand. It also operates Optimum Media for advertising solutions and News 12 for hyperlocal news coverage.

In a significant move, the company announced a $1 billion asset-backed loan facility on July 17, 2025, secured by its Hybrid-Fiber Coaxial (HFC) network assets in the Bronx and Brooklyn. Partnering with Goldman Sachs and TPG Angelo Gordon, this marks a strategic shift toward infrastructure-backed financing. By monetizing physical network assets, Altice USA, Inc. (NYSE:ATUS) aims to unlock liquidity for reinvestment without diluting equity or relying on traditional debt, strengthening its financial position.

This financing strategy aligns with the growing demand for high-speed internet and underscores the importance of maintaining and upgrading broadband infrastructure. It also reflects a broader industry trend of telecom companies leveraging physical assets to support growth and competitiveness. Altice USA, Inc. (NYSE:ATUS) is set to release its Q2 2025 earnings on August 7, which will offer deeper insights into the company’s progress.