12 Cheapest Stocks with Biggest Upside Potential

10. Comcast Corporation (NASDAQ:CMCSA)

Upside Potential: 31.53%

Forward P/E Ratio as of January 15: 8.24

Stock Price as of January 15: $36.38

Number of Hedge Fund Investors: 72

Comcast Corporation (NASDAQ:CMCSA) is one of the largest cable, broadband, and telecommunications companies with a significant presence in the United States. The company serves millions of customers through its various business units, including Comcast Cable, NBCUniversal, and Sky. Comcast Cable

Comcast Corporation (NASDAQ:CMCSA) is expanding its broadband connectivity and enhancing its network capabilities to meet the growing demand of consumers and businesses. As of December 9, the company has 63 million homes with its broadband service and plans to add another 1.2 million homes in 2025. The company has a key focus on offering 1 gigabit speed to ensure that customers have access to high-speed internet for streaming, gaming, and other data-intensive activities. Comcast Corporation (NASDAQ:CMCSA) is also rolling out DOCSIS 4.0 technology, that enables next-generation broadband over cable’s hybrid fiber coax (HFC) networks. This technology will further enhance network performance and enable multi-gig symmetrical speeds.

Comcast Corporation (NASDAQ:CMCSA) is also leveraging its existing broadband customer base to drive growth in the mobile market. The company has recently introduced a mobile WiFi boost feature that automatically enhances mobile device performance when connected to the home network, providing up to 1 gigabit speed. The company is also bundling mobile services with broadband, offering free mobile lines with higher-tier broadband packages. This strategy aims to help the company acquire new subscribers.