10 Best Telecom Stocks To Buy Right Now

Page 8 of 8

01. Liberty Broadband Corporation (NASDAQ:LBRDK)

Average Analyst Share Price Target Upside: 57.24%

Average Analyst Share Price Target: $98.67

Topping our list of 10 best telecom stocks to buy right now is Liberty Broadband Corporation (NASDAQ). Liberty Broadband Corporation (NASDAQ) presents a notable upside potential, with analysts projecting a 57.24% increase in its share price, targeting an average of $98.67. According to analysts, Liberty Broadband Corporation (NASDAQ:LBRDK) stands at a 50% discount to its net book value due to recent challenges and structural changes following its merger with GCI. The company’s stock offers significant upside potential if the current holding structure is realigned, potentially enhancing shareholder value. Despite recent struggles, including underperformance compared to Charter Communications, Liberty Broadband Corporation (NASDAQ:LBRDK) remains a candidate for substantial gains if its corporate strategy shifts. Adding to the company’s challenges, its latest earnings report revealed an EPS of $1.36, missing estimates by $0.19, while revenue of $246.00 million fell short of expectations by $725,000. Despite recent underperformance and a substantial discount to net book value, the company’s strategic restructuring and realignment could significantly enhance shareholder value. If the discount narrows as expected, Liberty Broadband Corporation (NASDAQ:LBRDK) could realize considerable gains, making it a stock worth monitoring for potential investment opportunities.

While we acknowledge the potential for LBRDK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 8 of 8