Kevin O’Leary’s Stock Portfolio: 15 Stock Picks for 2025

10. Comcast Corporation (NASDAQ:CMCSA)

Number of Hedge Fund Holders: 72

Comcast Corporation (NASDAQ:CMCSA) is a media, entertainment, and communications company that operates through three business units: Cable Communications, NBCUniversal, and Sky, Europe’s leading entertainment company. To meet increasing consumer demand, the company is expanding its broadband services and improving its network infrastructure.

On January 2, Loop Capital reduced its price target for CMCSA shares to $53 from $54, while maintaining a Buy rating on the stock. Comcast Corporation (NASDAQ:CMCSA) has faced some challenges recently, including a shift in broadband subscriber growth from annual increases to declines, as well as increased cord-cutting, which has impacted media EBITDA. However, Loop Capital sees potential catalysts in 2025 that could drive price appreciation. These include a lack of negative regulatory events, increased sports and media streaming, and higher broadband usage.

The communications company announced its Q3 2024 results on October 31. Revenue for the quarter rose 6.5% to $31.1 billion. Meanwhile. adjusted EBITDA declined 2.3% to $9.7 billion. However, it was able to boost adjusted EPS by 3.3%, to $1.12. Moreover, revenue for the company’s Content & Experiences segment jumped 19% to $12.6 billion, while adjusted EBITDA fell 8.7% to $1.8 billion.