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Is Liberty Broadband Corporation (LBRDK) the Best Communication and Media Stock to Buy According to Analysts?

We recently published a list of 11 Best Communication and Media Stocks to Buy According to Analysts. In this article, we are going to take a look at where Liberty Broadband Corporation (NASDAQ:LBRDK) stands against other best communication and media stocks to buy according to analysts.

The communication and media sectors play a crucial role in connecting people and distributing information. These sectors are becoming increasingly significant in the modern economy and society. As technology advances, both the communication and media industries are expected to experience strong growth in the foreseeable future.

According to a report by The Business Research Company, the global media market alone was valued at $2.61 trillion in 2024. The market is expected to grow at a compound annual growth rate (CAGR) of 7.7% during 2025-2029 to reach a value of $2.83 trillion by the end of the forecast period. In 2024, North America was the largest region in the global media market.

READ ALSO: 10 Best 5G Stocks to Invest in According to Analysts and 10 Best Low Priced Technology Stocks To Buy Now.

Another report from The Business Research Company shows that the global telecommunication market was estimated to have a value of $2.98 trillion in 2024. The market is expected to grow at a CAGR of 5.6% from 2025 to 2029 and reach above $3.93 trillion by the end of this period. In 2024, Asia-Pacific held the largest share of the global media market while North America was the second largest region.

Recent trends indicate a shift towards new and advanced technologies like 5G and the Internet of Things (IoT). According to PwC’s Global Telecom Outlook 2023-2027, telecom companies are expected to make significant investments in the infrastructure to better serve customers. As the shift towards 5G technology progresses and the demand for new technological standards rises, telecom companies are projected to invest $342.1 billion in their networks in 2027 alone.

PwC’s inaugural Global Telecom Outlook notes that telecom companies might need to change their strategies in a competitive environment and look for new growth opportunities in areas such as IoT solutions, private 5G networks for business customers, and fixed wireless home broadband for households. In some markets, these companies can also provide digital infrastructure, data, content, and platform services customized to the needs of various industries like entertainment and media, healthcare, and manufacturing. To stay competitive in this changing market, telecom companies must become more comfortable operating within broader ecosystems and looking beyond traditional services.

Methodology

To compile our list of the 11 best communication and media stocks to buy according to analysts, we looked for the largest media and communication companies. We reviewed our own rankings, financial media reports, and various online resources to compile a list of the best communication and media stocks. Next, we focused on the top communication and media stocks that analysts believe have the most potential for growth. We ranked the 11 best communication and media stocks to invest in based on their average price target upside potential according to analysts as of January 29, 2024.

Additionally, we mentioned the hedge fund sentiment surrounding each stock, which was taken from Insider Monkey’s Q3 2024 database of 900 elite hedge funds.

Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A technician at a site of a fiber connectivity service installation, using tools to install the high-speed data networking that the company offers.

Liberty Broadband Corporation (NASDAQ:LBRDK)

Average Price Target Upside Potential According to Analysts: 27.87%

Number of Hedge Fund Holders: 63

Liberty Broadband Corporation (NASDAQ:LBRDK) is a major cable operator in the United States and a leading broadband communications services company. It offers cable, wireless, video, internet, and voice services. The company’s main assets consist of its interest in Charter Communications and its subsidiary GCI, which is Alaska’s largest communications provider. As of July 31, 2024, the company owns 45.6m shares of Charter common stock. Liberty Broadband Corporation (NASDAQ:LBRDK) ranks among the best communication stocks to invest in according to analysts.

In November 2024, Liberty Broadband Corporation (NASDAQ:LBRDK) announced that it had entered into an agreement with Charter Communications under which Charter has agreed to acquire Liberty Broadband Corporation (NASDAQ:LBRDK) in an all-stock transaction. The companies expect this transaction to conclude in June 2027. The market has reacted well to this news and LBRDK may see further benefits from this arrangement.

Madison Investments, an investment advisor, discussed Liberty Broadband Corporation (NASDAQ:LBRDK) in its “Madison Mid Cap Fund” third-quarter 2024 investor letter. The fund noted that Liberty Broadband Corporation (NASDAQ:LBRDK) shares rose significantly after news emerged regarding a possible acquisition of Liberty Broadband by Charter Communications. The investment management firm pointed out that this news has helped reduce the valuation gap between Liberty Broadband Corporation (NASDAQ:LBRDK) shares and the market value of the company’s ownership in Charter shares. However, the fund believes that there is still a significant gap and there is plenty of value to be unlocked.

Overall, LBRDK ranks 10th on our list of best communication and media stocks to buy according to analysts. While we acknowledge the potential of communication and media companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LBRDK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

Disclosure: None. This article is originally published at Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

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Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

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Elon Musk was even more blunt:

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One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

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The “Toll Booth” Operator of the AI Energy Boom

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…