Benchmark Sees 60% Upside in National CineMedia, Inc. (NCMI)

National CineMedia, Inc. (NASDAQ:NCMI) is among the best US stocks under $10 to invest in. Benchmark has reaffirmed its Buy rating on National CineMedia, Inc. (NASDAQ:NCMI), while maintaining a price target of $7.00, which reflects a potential surge of nearly 59.82% from current levels. This optimism is based on two points: advertising demand and theatrical attendance.

During the recent earnings call, the management highlighted strategic advancements, particularly scaling programmatic and self-serve offerings. The prospects from the upcoming releases are where things get interesting. Wicked for Good, Avatar: Fire & Ash, Zootopia, and Tron Ares are just a few movies that are anticipated to drive box office reacceleration.

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An audience of moviegoers inside a theatre, savoring the latest cinematic experience.

With demand recovery across both national and local advertising channels, National CineMedia, Inc. (NASDAQ:NCMI) is forecasted to return approximately 50% in one year, according to estimates by Yahoo Finance analysts.

National CineMedia, Inc. (NASDAQ:NCMI), headquartered in Colorado, is a cinema advertising network in North America. Founded in 2006, the company, along with its subsidiaries, sells advertising to businesses and operates third-party theater circuits.

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

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