It’s that time of year again—the stock market is heating up and investors are looking for the best deals. And what better way to find these bargains than by studying cheap stocks? If you’re not familiar with the concept of cheap stocks, it simply means stocks that are undervalued by the market. This can happen for a number of reasons, but the key is to be patient and do your research. Below are ten of the best cheap stocks to buy now. Do your own research before investing, as there is always risk involved in any investment, but these stocks could provide you with big profits down the road.
Nvidia
Nvidia is a leading provider of graphics processing units (GPUs), which are used in a wide range of devices from gaming computers to mobile devices. The company’s stock prices have been on the rise in recent months, and it appears that this upward trend may continue.
Nvidia’s key product lines include Tegra processors for mobile devices, GeForce graphics cards for desktop gaming, and Quadro visual computing products. The company has a strong presence in the automotive market and has recently developed products for data center applications. In addition to its GPU products, Nvidia also sells software and services related to its graphics technology.
The outlook for Nvidia looks positive. The company’s revenue growth rates are expected to remain strong over the next few years, due in part to increased demand for its GPU products. Moreover, Nvidia is expanding into new markets, such as data center applications, which should drive even higher demand for its products in the future.
Thus, Nvidia looks like a good investment proposition right now. Its growing revenue and profit margins will likely keep its stock prices high over the long term, making it an attractive choice for investors looking for solid growth opportunities in the domain of technology stocks.
Tesla
Tesla (TSLA) is the best cheap stock to buy now. Tesla has been on a tear this year, posting gaudy earnings and increasing share prices. But don’t just take my word for it- Forbes also agrees that Tesla is one of the best stocks to buy in 2017.
In fact, not only is Tesla a great value, but its growth potential is astronomical. For example, analysts at Bernstein believe Tesla could generate annual profits of $11 billion by 2025. Not to mention, Tesla’s electric car initiatives are set to make a big impact on the automotive industry in the coming years.
If you’re looking for an exciting investment with huge upside potential, thenTesla should be at the top of your list.
AMD
On the surface, AMD seems to be in a better place than it has been in for some time. The chipmaker’s shares are up more than 10% this year, as investors flock back to the company after a rough patch.
But there are reasons to be cautious about AMD’s prospects. The company is still facing stiff competition from Intel, and its share of the market has been slipping in recent years. And while AMD’s chips are much cheaper than those from Intel, they’re not always as good.
Still, there are several cheap stocks that could offer good returns if you’re willing to take a chance on them. Here are five of them:
1. Nvidia (NVDA)
Nvidia is one of the biggest players in the graphics card market, and its chips are used by gamers and PC enthusiasts around the world. Nvidia’s stock has been rising steadily this year, as investors see potential growth opportunities in both the short and long term.
2. Qualcomm (QCOM)
Qualcomm makes processors for cellphones and other mobile devices, and its chips are used by companies such as Apple and Samsung. Qualcomm’s stock has been rallying recently thanks to increasing demand from global smartphone makers.
3. Broadcom (AVGO)
Broadcom is another big player in the tech sector, with products that include networking equipment and storage systems. Its shares have been surging this year thanks to increasing demand for enterprise technology products.
Amazon
Amazon is a phenomenal company that investors can consider adding to their portfolios. Amazon’s stock has surged in recent years and offers an excellent return on investment. Here are some of the best cheap stocks to buy now:
1. Apple Inc (AAPL)
Apple Inc is one of the world’s leading technology companies and its products are loved by millions of people around the world. Its products include smartphones, tablets, computers, and other electronics. Apple’s stock has seen significant growth in recent years and it offers investors a great return on investment.
2. Facebook, Inc (FB)
Facebook is one of the most popular social media platforms in the world and its website connects millions of people from all over the globe. Facebook’s stock has seen significant growth in recent years and it offers investors a great return on investment.
3. Google Inc (GOOGL)
Google is one of the world’s largest search engines and its software is used by millions of people every day. Google’s stock has seen significant growth in recent years and it offers investors a great return on investment.
Apple
If you’re looking for a great place to invest, Apple (AAPL) might be the perfect company for you. The stock is trading at a relatively low price point, and there are plenty of opportunities to make money over the long term.
One of the best ways to invest in Apple is through the purchase of individual shares. This strategy allows you to own a piece of the company and reap the benefits of its growth over time. You can also buy Apple stock through mutual funds or ETFs.
If you’re looking for a way to get started with Apple investing, consider buying one of the best cheap stocks today.
Facebook (FB) is a social networking site with over 2.2 billion active users as of February 2019. It was founded on February 4, 2004, by Mark Zuckerberg with his Harvard classmates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. The site evolved from a basic educational platform to become one of the most popular social networking sites in the world. It is used to connect with friends, family, and others who share similar interests. Facebook has been criticized for its lack of privacy controls and its potential use by advertisers to gather personal information about users.
Google (GOOGL) is a technology giant that dominates search engine rankings and online advertising. The company offers a wide range of products and services, including Google Search, Gmail, Google Maps, YouTube, and Chrome. As the world’s most popular search engine, Google has continued to grow in popularity over the years. While there are other great investments to be made this year, investing in Google is a wise decision for many reasons.
One reason to invest in Google is its continuing growth. In 2017, the company’s revenue increased by 23% to $26.8 billion. This growth has been fueled by strong performance from its core businesses – search and advertising – as well as new initiatives like Android Go and Waymo Self-Driving Cars. Additionally, Google continues to develop new products such as Google Cloud Platform and AI Deep Learning platform TensorFlow Lite that can help businesses of all sizes scale effectively.
Beyond just its financial performance, Google is one of the most valuable companies in the world. The company has a market capitalization of more than $560 billion which makes it one of the biggest names in technology. With such a high value and dominant position in the market, an investment in Google provides significant potential returns over time.
Google also benefits from strong competitive pressures on its rivals. The company faces stiff competition from Amazon (AMZN), Facebook (FB), Apple (AAPL), Microsoft (MSFT), and others who are all trying to move
Walmart
Walmart is a retail giant with over 2,500 stores in the United States and another 6,000 internationally. The company operates in three segments: Walmart U.S., Sam’s Club, and eCommerce. In fiscal 2017, Walmart U.S. operated 2,266 stores employing nearly 255,000 people. Sam’s Club operated 1,493 clubs with more than 286,000 members and eCommerce operated 454 stores selling products through its website and mobile app. Walmart has been a top performer on Wall Street for many years and continues to be one of the strongest large-cap stocks available today.
The company’s core business is still retailing goods at low prices, which has allowed it to remain competitive even as other retailers have closed down or gone private over the past few years. Last year alone, Walmart opened 175 new stores in the United States and international expansion accounted for 36% of total revenue growth. The company is also aggressively expanding its online presence through acquisitions such as Jet.com which it bought for $3 billion last year and Birchbox which it acquired earlier this year for $270 million .
Walmart is currently trading at around 16 times forward earnings estimates with a historically strong track record of dividend growth (currently paying out $1 per share). With continued aggressive store expansion and continued growth in eCommerce sales there is no reason to think that this stock won’t continue to outperform the market going forward.
Pfizer
Pfizer (PFE) is a leading global pharmaceutical company, with a portfolio of more than 40 medicines and vaccines across nine therapeutic areas. The company’s products are used to treat patients around the world and generate annual revenue of more than $50 billion.
The company is currently trading at a price-to-earnings (P/E) ratio of 16.9, which makes it one of the most undervalued stocks on the market today. The stock has been steadily moving higher since bottoming out in early January and is currently up 9% over the past 12 months. Pfizer has seen strong growth in its newer product lines, such as psoriasis treatment Xeljanz and cancer drug Oclusiv. However, its biggest seller remains its well-known brands such as Lipitor and Viagra.
One reason Pfizer is so cheap right now is that it expects its top line to grow only modestly in fiscal 2020 due to slowing global sales growth rates and increased competition from generic drugs. However, even with these headwinds, analyst consensus forecasts for EPS growth still call for an earnings increase of 7%. This makes Pfizer one of the best bets for future earnings growth among all publicly traded companies.
Conclusion
In this article, we have compiled a list of ten stocks that are currently inexpensive and could potentially offer great returns in the near future. Whether you are looking for a blue chip stock or something more speculative, these ten stocks should fit the bill. So whether you want to take advantage of a cheap opportunity or just keep your portfolio diversified, check out our top ten picks today!
