10 Best Beaten Down Stocks to Buy According to Analysts

5. Rogers Communications Inc. (NYSE:RCI)

Stock Price as of March 21: $27.29

Average Upside Potential: ~40.8%

52-week Low: $26.57

Number of Hedge Fund Holders: 17

Rogers Communications Inc. (NYSE:RCI) operates as a communications and media company in Canada. Fitch Ratings has mentioned the company’s healthy business profile, improved scale, and business diversification after its Shaw Communications Inc. acquisition, lauding its ability to generate strong FCF. Rogers Communications Inc. (NYSE:RCI)’s acquisition of Shaw improved its competitive position by enhancing scale, improving the business mix diversification, and enabling significant synergy realization. For 2025, the company expects single-digit total service revenue and adjusted EBITDA growth, strong FCF, and continued network investments and expansion throughout all the regions in Canada.

Rogers Communications Inc. (NYSE:RCI)’s Q4 2024 caps its third straight year of providing industry-leading financial and operating performance. The company topped $20 billion in annual revenue in 2024 as Canadians chose Rogers Wireless and Internet than any other carrier in Canada. During Q4 2024, the company’s total revenue and total service revenue rose by 3% and 2%, respectively, fueled by revenue growth in its Wireless and Media businesses and by stabilized revenue in the Cable business. Furthermore, Rogers Communications Inc. (NYSE:RCI) continues to see its network leadership progressing as it substantially completed its 5G network build along the Highway of Tears in BC.