10 Best Very Cheap Stocks To Buy Right Now

4. Comcast Corporation (NASDAQ:CMCSA)

P/E Ratio: 8.35

Average Analysts Upside: 21.50%

Comcast Corporation (NASDAQ:CMCSA) is an American multinational mass media and technology corporation that specializes in telecommunications, entertainment, sports, and news. The company is exploring the separation of the cable networks business, addressing the broader challenges from cable TV cord-cutting and boosting profitability for the Peacock streaming service.

Comcast Corporation (NASDAQ:CMCSA) is investing in its new ventures with the recently launched Sports & News TV, a new video package for Xfinity Internet customers. Sports & News TV broadcasts live news, renowned sporting events from the NFL, NBA, NHL, MLB, and NCAA, hit movies and shows, and primetime TV all in one place.

In the fourth quarter of 2024, the company posted revenues of $31.9 billion, a rise of 2% from a year ago. Comcast Corporation’s adjusted earnings surged by 11% year-over-year to $0.96 per share, surpassing estimates by 11.38%. The company’s studio division revenue was around $3.27 billion, contributing to a 7% revenue increase. To overcome the broadband subscriber challenges, the company is working on its mobile business, focusing on bundling mobile and broadband services to attract and retain customers.