12 Most Undervalued S&P 500 Stocks to Buy Right Now

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7. Comcast Corporation (NASDAQ:CMCSA)

Forward P/E Ratio: 7.93

Number of Hedge Fund Holders: 82

Comcast Corporation (NASDAQ:CMCSA) is one of the Most Undervalued S&P 500 Stocks to Buy Right Now. On September 2, Comcast Corporation (NASDAQ:CMCSA) announced the official introduction of Xfinity Mobile Arena in Philadelphia.

The arena now features a major Wi-Fi upgrade with speeds 10 times faster than before. Management highlighted that this is the first East Coast arena that uses high-power Wi-Fi technology. Moreover, the upgrade supports thousands of devices at once. The arena also has strong 5G coverage throughout, ensuring fast service everywhere. Management noted that it has plans to extend the Wi-Fi to nearby parking lots, keeping fans connected from the tailgate through the game.

The arena was recently renovated with over $400 million in private funding. Comcast Corporation (NASDAQ:CMCSA), along with partners like the Flyers and 76ers, sees this upgrade as a way to improve fan experiences and create lasting memories.

Comcast Corporation (NASDAQ:CMCSA) is a global media and technology company that provides broadband, wireless, and video services through brands like Xfinity, Comcast Business, and Sky.

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