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5 Best Media and Entertainment Stocks to Buy Now

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Below you can find our list of the 5 best media and entertainment stocks to buy now. You can find our detailed coverage of this industry and a more comprehensive list of stocks in 10 best media stocks to buy now.

5- Comcast Corp (CMCSA)

Number of Hedge Fund Holders: 78

On July 28, Comcast Corporation (NASDAQ:CMCSA) reported earnings for the fiscal second quarter of 2022. The company reported earnings per share of $1.01 and beat expectations by $0.09. The company generated a revenue of $30.02 billion, ahead of Wall Street expectations by $346.88 million. However, for the first time, Comcast Corporation (NASDAQ:CMCSA) reported a net loss of 10,000 residential subscribers in the second quarter of 2022. The company was expected to add 84,000 net subscribers in the second quarter of 2022. As of July 2022, the company has lost roughly 30,000 broadband net subscribers since the beginning of its fiscal year.

Wall Street is bearish on Comcast Corporation (NASDAQ:CMCSA). On August 1, Barclays analyst Kannan Venkateshwar downgraded Comcast Corporation (NASDAQ:CMCSA) to Equal Weight from Overweight and slashed his price target to $42 from $48 on the shares. The analyst expects cable companies to experience flat growth in 2023, and negative growth after 2023. On August 5, Redburn analyst Steve Malcolm downgraded Comcast Corporation (NASDAQ:CMCSA) to Neutral from Buy.

At the close of Q2 2022, 75 hedge funds disclosed ownership of stakes in Comcast Corporation (NASDAQ:CMCSA). The total stakes of these hedge funds amounted to $5.4 billion, down from $7.1 billion in the previous quarter with 78 positions. The hedge fund sentiment for the stock is turning negative.

As of June 30, Gardner Russo & Gardner owns more than 4.72 million shares of Comcast Corporation (NASDAQ:CMCSA) and is the largest shareholder in the company. The fund’s stakes were valued at $185.23 million.

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AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

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Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

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Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

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Insanely Accurate Timing Model Says Bitcoin is Going to $100K

You see, there is a phenomenon happening right now that’s never been seen before in the crypto market.

Not just one – but three extremely bullish signals are going off …

At almost the exact same time.

We predict that this convergence of events is going to have a massive effect on crypto prices.

Far beyond the gains we’ve seen over the last couple of months.

Because as we’ll show you over the next few moments…

Each of these bullish events on its own is enough to drive Bitcoin and other cryptos to new highs.

But when all three come together at the same time, as they are expected to over the next few weeks.

It could mean a crypto bull market of unprecedented proportions.

Even bigger than previous bull markets where select coins brought back returns like:

– 2,001%

– 5,400%

– 10,200%

– 23,400%

Our special guest today, Juan Villaverde, says the recent run up in the price of Bitcoin, Ethereum and a handful of other coins is just a preview of what’s to come.

He believes once-in-a-lifetime crypto gains are in front us …

And it’s because of this great convergence of bullish events happening all at the same time.

In the next few weeks …

Maybe even sooner.

Click to continue reading…