11 Best Stocks Under $15 to Buy According to Hedge Funds

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2. Warner Bros. Discovery, Inc. (NASDAQ:WBD)

Share Price: $8.54

Number of Hedge Fund Holders: 64

Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a leading global media and entertainment company that offers a comprehensive portfolio of branded content across tv, film, streaming, and gaming in over 220 countries and territories around the world. The company owns a wide range of well-known brands like Warner Bros. film and television studios, Discovery Channel, Max, discovery+, CNN, TNT, Eurosport, HBO, TLC, Animal Planet, Science Channel, New Line Cinema, and Cartoon Network. Warner Bros. Discovery, Inc. (NASDAQ:WBD) is one of the best stocks under $15 to buy.

The company is strategically focused on expanding its global streaming business and enhancing profitability in its Direct-to-Consumer (DTC) segment. In 2024, Warner Bros. Discovery, Inc. (NASDAQ:WBD) launched Max as a global streaming service and this greatly enhanced the company’s content monetization capabilities. In 2024, the company launched Max in more than 70 countries and gained 19 million DTC subscribers. The DTC segment successfully grew its subscribers by 20% year-over-year and made significant profits. Over the last 2 years, Warner Bros. Discovery, Inc. (NASDAQ:WBD) improved its DTC Adjusted EBITDA performance by nearly $3 billion. In 2024, the company made nearly $700 million in DTC Adjusted EBITDA and aims to reach $1.3 billion in DTC Adjusted EBITDA by 2025. Strong DTC subscriber growth is expected to continue in 2025 and Warner Bros. Discovery, Inc. (NASDAQ:WBD) plans to have at least 150 million global subscribers by the end of 2026. The company has made deals to expand Max’s reach, including an agreement with Sky in the US and Ireland that could see Max reach about 10 million of their subscribers by Q2 2026. Additionally, Warner Bros. Discovery, Inc. (NASDAQ:WBD) has plans to launch Max in Italy and Germany in Q1 2026.

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