10 Best Bargain Stocks to Buy in May

7. Comcast Corporation (NASDAQ:CMCSA)

Forward P/E as of April 11: ~7.96x

Average Upside Potential: ~27.5%

Number of Hedge Fund Holders: 80

Comcast Corporation (NASDAQ:CMCSA) operates as a media and technology company. Scotiabank upped the price objective on the company’s stock to $45 from $44.50, keeping a “Sector Perform” rating. The firm sees the Telecom, Media, & Technology sector as the one which can help during a period of uncertainty as a result of economy and tariff wars. Elsewhere, Benchmark analysts maintained their optimistic outlook on the company’s stock, reiterating a “Buy” rating and a $55.00 price objective. Notably, Comcast NBCUniversal has announced its intent to pursue the first-ever Universal entertainment resort complex in the UK and Europe. This will be the first Universal-branded theme park and resort in Europe, enhancing the company’s global footprint.

Comcast Corporation (NASDAQ:CMCSA) announced its intent to create a new publicly traded company comprising a strong portfolio of NBCUniversal’s cable television networks, which include USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel together with complementary digital assets such as Fandango and Rotten Tomatoes, GolfNow and Sports Engine, via a tax-free spin-off. Comcast Corporation (NASDAQ:CMCSA) will be well-placed to continue to invest in the strategic core growth businesses throughout Content & Experiences and Connectivity & Platforms businesses, such as residential broadband, wireless, business services, streaming, studios, and theme parks. Notably, the transaction is expected to be accretive to revenue growth at Comcast Corporation (NASDAQ:CMCSA).