In this article, we will look at the 12 Best Communication and Media Stocks to Buy Now.
On July 24, PWC released its US edition of Global Entertainment and Media Outlook for 2025-2029. According to the report, the Global Entertainment and Media (M&E) industry is likely to be a $3.5 trillion market by 2029. The growth is expected to be driven by developments and utilization of AI in various segments of the industry, including the over-the-top (OTT) Video, mixed reality, and internet advertising.
The report highlights that the US AI industry is transforming the M&E sector as AI moves from experimentation mode to widespread utilization and adoption. According to the report, the investment in generative AI within the M&E sector reached $56 billion in 2024. This was primarily to leverage the speed, scale, and creative potential of AI. The report highlights that while AI is currently only being used at an operational scale within the sector, companies are expected to work on unlocking new revenue streams using the technology.
The report also noted that the US OTT Video segment is expected to grow at a Compound Annual Growth Rate of 5.9% to reach $112.7 billion by 2029, with the United States maintaining its leadership position. Moreover, the US advertising market, which grew by 14.9% year-over-year in 2024, is expected to grow at a CAGR of 8.5% to $389.1 billion by 2029.
Now that we have discussed the outlook of the sector, let’s take a look at the 12 Best Communication and Media Stocks to Buy Now.
Our Methodology
To curate the list of 12 Best Communication and Media Stocks to Buy Now, we used the Finviz and Stock Analysis stock screeners, CNN, WSJ, and Insider Monkey’s Q2 2025 hedge funds database as our sources. Using the screeners, we aggregated a list of Communication and Media stocks with more than 10% upside potential and sorted them by market capitalization. Next, we cross-checked the upside of each stock from CNN and the market capitalization from the WSJ, and ranked the stocks in ascending order by market cap. We have also added the hedge fund sentiment around each stock sourced from Insider Monkey. Please note that the data was recorded on November 19, 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
12 Best Communication and Media Stocks to Buy Now
12. Roblox Corporation (NYSE:RBLX)
Market Capitalization: $71.41 billion
Analyst Upside: 47.45%
Number of Hedge Fund Holders: 75
Roblox Corporation (NYSE:RBLX) is one of the Best Communication and Media Stocks to Buy Now. On November 18, Roblox Corporation (NYSE:RBLX) announced the expansion of facial age checks for communication. Management noted that it is in the process of rolling out new age-based chat with the aim of limiting conversations within similar age groups.
Following the rollout, Roblox Corporation (NYSE:RBLX) will become the first online gaming platform with an age check requirement for communication. Management expressed hope that this feature will become an industry standard moving forward. This announcement comes after the company faced criticism from government officials around the world over alleged failure to protect young users from child predators and sexual exploitation. Roblox Corporation (NYSE:RBLX) is also facing lawsuits from attorneys general in Kentucky, Texas, and Louisiana over child safety concerns.
The new feature will require users to take and upload a selfie, which will be used to determine the age. Once the age has been determined, the users will be allocated to communication channels designated for the relevant age group. Matt Kaufman, the company’s head of safety, said,
“Policymakers struggle with a lot of companies who say ‘that’s just too hard. We couldn’t do it, Roblox is trying to set an example of what others can follow.”
In addition, Wall Street has a positive outlook on the stock. On November 17, Cory Carpenter from J.P. Morgan reiterated a Buy rating on Roblox Corporation (NYSE:RBLX) without disclosing any price target. Earlier on November 12, Matthew Cost from Morgan Stanley had also maintained a Buy rating on the stock with a price target of $170.
Roblox Corporation (NYSE:RBLX) operates a user-generated online gaming platform where users can create, share, and play 3D experiences made by a global community. The company’s free-to-play platform provides developers with tools to build games, such as Roblox Studio.
11. NetEase, Inc. (NASDAQ:NTES)
Market Capitalization: $84.81 billion
Analyst Upside: 14.95%
Number of Hedge Fund Holders: 35
NetEase, Inc. (NASDAQ:NTES) is one of the Best Communication and Media Stocks to Buy Now. On November 20, NetEase, Inc. (NASDAQ:NTES) announced results for its fiscal Q3 2025. The company grew its revenue by 8.2% year-over-year to RMB28.4 billion ($4.0 billion), which fell short of the analysts’ expectation of $4.10 billion. However, the EPS of $2.09 stayed in line with the consensus.
Management attributed revenue growth to Games and related value-added services net revenues, which contributed 97.6% to the total revenue and grew 11.8% year-over-year to RMB23.3 billion (US$3.3 billion). The growth in gaming revenue was mainly due to higher revenue from self-developed games, including Fantasy Westward Journey Online and Sword of Justice, as well as certain licensed games. Notably, NetEase, Inc.’s (NASDAQ:NTES) Fantasy Westward Journey Online reached a record concurrent player count for the fourth consecutive quarter, reaching 3.58 million in Q3 2025.
Earlier on November 11, UBS had maintained a Buy rating on NetEase, Inc. (NASDAQ:NTES) with a price target of HK$302.64.
NetEase, Inc. (NASDAQ:NTES) is a Chinese internet technology corporation that is primarily focused on gaming, education, music, and e-commerce. The company develops and operates a diverse portfolio of popular mobile and PC games for the Chinese market and international markets.
