Comcast Corporation (NASDAQ:CMCSA) is highlighted as one of the cheap S&P 500 stocks to invest in now. Bank of America upgraded Comcast to Buy with a $37 price target, while Scotiabank lowered its price target to $37.50 due to increased competition in the wireless industry during the recent holiday season.

Benchmark recently reduced its price target for Comcast to $44 from $46 following the completed spinoff of Versant Media Group Inc. Despite this, the firm maintained a Buy rating on the shares and adjusted revenue and EBITDA estimates for 2026.

Comcast Corporation (NASDAQ:CMCSA) operates globally as a media and technology company across various segments. While CMCSA offers investment potential, some believe that certain AI stocks may offer greater upside potential and less downside risk.

For more insights on potential investments, check out 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. This article is originally published at Insider Monkey.

Read more at Yahoo Finance: BofA Upgrades Comcast (CMCSA) to Buy With $37 PT on Media Consolidation Trends