1. Comcast Corp (NASDAQ:CMCSA)
Number of Hedge Fund Holders: 78
Comcast Corp (NASDAQ:CMCSA) is one of the top extreme value stocks to buy now. On June 30, Rosenblatt Securities upgraded the stock to Buy from its previous Neutral rating while also upgrading the price target from $24 to $31. The rating upgrade follows the company’s surprise announcement that it plans to spin off NBCUniversal into a separate publicly traded company. The firm believes that investor concerns about Comcast’s cable business are beginning to ease, as fears about increasing competition from SpaceX appear overstated.
Moreover, the company is planning to offer more affordable and consumer-friendly packages, a strategy that could strengthen its position in an increasingly competitive market. The analysts also believe that considering the stock is down more than 50% in five years, even a slight positive change in media sentiment could bring about a rally in the stock’s price.
We see that with the spin, which propels NBCU to a future where it could become subject to WB-style merger fervor at some point. Meanwhile, sentiment for the cable business has probably bottomed, with SpaceX competition fears overdone, and a pivot to lower-priced, more favorable packages for consumers comped in 2H26, setting the stage for a return to growth.
Further supporting the bullish sentiment, Deutsche Bank analyst Bryan Kraft also upgraded Comcast Corp (NASDAQ:CMCSA) to a Buy rating from Hold. Even though he adjusted his price target lower from $34 to $32, it still offers 34% upside from here on.
Comcast Corp (NASDAQ:CMCSA) operates as a media and technology company worldwide. The company operates in a number of segments, including Residential Connectivity & Platform, Business Services Connectivity, Media, Studios, and Theme Parks. The company was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
While we acknowledge the potential of CMCSA 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 CMCSA and that has 100x upside potential, check out our report about the cheapest AI stock.
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