12 Best Affordable Stocks Under $40 to Buy

Page 11 of 11

​1. Comcast Corporation (NASDAQ:CMCSA)

Number of Hedge Fund Holders: 84

​Comcast Corporation (NASDAQ:CMCSA) is among the Best Affordable Stocks Under $40 to Buy. On February 17, Comcast Corporation (NASDAQ:CMCSA) announced positive results from a quantum computing trial in collaboration with AMD and Classiq. The goal of the trial is to prove that quantum algorithms can enhance network reliability for internet delivery.

​The trial was launched last year with Classiq to test quantum software against practical network issues, including maintenance disruptions.

​Elad Nafshi, Chief Network Officer, Comcast Connectivity and Platforms, noted

​“What our customers want is simple: fast, secure, and reliable connectivity, but when you operate a network as large and dynamic as ours, delivering on that promise is complex, especially in the face of growing network demand.”

The progress shows that the idea of quantum computing enhancing network optimization isn’t just theoretical but practical and scalable.

​That said, Comcast Corporation (NASDAQ:CMCSA) released its fiscal Q4 2025 results on January 29. During the quarter, the company grew its revenue by 1.24% year-over-year to $32.31 billion, but fell short of expectations by $26.71 million. On the bright side, the EPS of $0.84 topped the consensus by $0.08. Management notes 2025 to be the best year with 1.5 million net line additions, reaching over 9 million total lines.

​Comcast Corporation (NASDAQ:CMCSA) operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.

While we acknowledge the potential of  CMCSA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CMCSA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 11 of 11