5 Best Buy-the-Dip Stocks To Buy Now

4. DISH Network Corporation (NASDAQ:DISH)

Number of Hedge Fund Holders: 40

DISH Network Corporation (NASDAQ:DISH) is an Englewood, Colorado-based provider of direct-broadcast satellite provider, over-the-top IPTV service, and consumer wireless service. The company provides its services to 19 million customers in the US and has a headcount of over 14,000 employees as of 2022.

Michael Rollins at Citi assigned DISH Network Corporation (NASDAQ:DISH) stock a target price of $33 along with a Buy rating on November 4. The analyst highlighted that the company reported continued progress related to its 5G network rollout. Market observers believe that DISH Network Corporation (NASDAQ:DISH) can deliver long-term value to its shareholders if it can capitalize on the postpaid mobile opportunity through Boost Infinite next year and prove that the company can operate a rapidly growing postpaid business.

As of Q3 2022, 40 hedge funds reported owning a stake in DISH Network Corporation (NASDAQ:DISH).

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