12 Ridiculously Cheap Stocks to Buy According to Analysts

1. Charter Communications, Inc. (NASDAQ:CHTR)

Forward P/E Ratio: 7.2

Number of Hedge Fund Holders: 56

Analyst Upside Potential: 47.30%

Charter Communications, Inc. (NASDAQ:CHTR) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 22, John Hodulik of UBS maintained a Hold rating on Charter Communications, Inc. (NASDAQ:CHTR) with a price target of $355.

The analyst noted that he expects a slight EBITDA decline in H2. Moreover, he sees only modest revenue and EBITDA growth, driven by slower ARPU growth and gradual cost efficiencies. He also noted that competitive pressures and a sluggish housing market may cause broadband subscriber losses despite seasonal gains.

Similarly, the video segment revenues are also expected to decrease as subscriber losses and slower ARPU growth persist. Hodulik highlighted that the business segment is also likely to face a decline in revenue as the small and medium business segment faces competition. On the bright side, he sees enterprise revenue growing steadily, with increased share buybacks and solid free cash flow projections.

Charter Communications, Inc. (NASDAQ:CHTR) provides broadband Internet, TV, mobile, and voice services to over 57 million homes and businesses across 41 states.

While we acknowledge the potential of CHTR 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 CHTR and that has 100x upside potential, check out our report about this cheapest AI stock.

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