10 Best Value Penny Stocks to Buy According to Analysts

8. Gray Media, Inc. (NYSE:GTN)

Stock Upside Potential as of June 25: 23.38%

Forward Price to Earnings Ratio as of June 25: 1.13

Share Price as June 25: $4.52

Number of Hedge Fund Holders: 28

Gray Media, Inc. (NYSE:GTN) is one of the 10 best-value penny stocks to buy, according to analysts. On June 16, Gray Media announced David Hughes as the new General Manager of WFSB, the CBS affiliate in Hartford, Connecticut, effective July 9. He replaces Dana Neves, who was recently promoted to Senior Managing Vice President at Gray.

Hughes brings extensive experience, having led Gray’s WOIO and WUAB stations in Cleveland since June 2023, where he launched the Rock Entertainment Sports Network and secured major sports broadcast rights. His earlier roles span multiple Gray stations, including leadership and editorial positions across Virginia, West Virginia, Florida, North Carolina, and Georgia.

Gray Media, Inc. (NYSE:GTN), based in Atlanta, Georgia, is the largest operator of top-rated local television stations in the U.S., reaching about 37% of TV households across 113 markets. In 2024, 78 of its stations were market leaders, while 99 ranked first or second in viewership. It also owns the largest group of Telemundo affiliates, covering 44 markets. Beyond broadcasting, Gray operates Gray Digital Media—a full-service digital agency—and owns production firms like Raycom Sports, Tupelo Media Group, and PowerNation Studios, along with studio facilities Assembly Atlanta and Third Rail Studios.