15 Best Stocks To Invest In For Retirement

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1. Comcast Corporation (NASDAQ:CMCSA)

Dividend Yield as of February 19: 3.63%

Number of Hedge Fund Holders: 80

Comcast Corporation (NASDAQ:CMCSA), a Pennsylvania-based media and technology giant, is one of the best stocks to buy for a retirement portfolio. On January 7, 2025, Paramount Global and Comcast announced an extended multi-year partnership, keeping Paramount’s networks and streaming services available on Xfinity platforms.

Comcast Corporation (NASDAQ:CMCSA) returned $3.2 billion to shareholders in Q4 2024, through $1.2 billion in dividends and $2 billion in share buybacks. For the full year, total shareholder returns reached $13.5 billion, including $8.6 billion in repurchases, reducing outstanding shares by 5%. The company also announced a 6.5% dividend increase to $1.32 per share for full year 2025, indicating its 17th year of consecutive growth, and lifted its share repurchase authorization to $15 billion. For 2025, the first dividend payment of $0.33 per share will be distributed on April 23, to shareholders on record as of April 2.

According to Insider Monkey’s fourth quarter database, 80 hedge funds held stakes in Comcast Corporation (NASDAQ:CMCSA), compared to 72 funds in the third quarter. Jean-Marie Eveillard’s First Eagle Investment Management was the biggest stakeholder in the company, with 34 million shares worth $1.28 billion.

Overall, Comcast Corporation (NASDAQ:CMCSA) ranks first on our list of the best stocks to invest in for retirement. While we acknowledge the potential of CMCSA to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CMCSA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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

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