5 Best Affordable Stocks Under $40

4. Comcast Corporation (NASDAQ:CMCSA)

Share Price as of May 8: $39.05

Number of Hedge Fund Holders: 63

Founded by Ralph J. Roberts in 1963 and headquartered in Philadelphia, PA, Comcast Corporation (NASDAQ:CMCSA) stands as a leading media, entertainment, and communications company. It operates across diverse segments, including Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Sky, offering video, internet, and phone services.

Insider Monkey’s fourth-quarter database of 933 hedge funds reveals that Comcast Corporation (NASDAQ:CMCSA) is held by 63 hedge fund holders. Notably, Jean-Marie Eveillard’s First Eagle Investment Management emerges as the largest shareholder of the company, with ownership of 32 million shares valued at $1.4 billion.