10 Best Affordable Stocks Under $20 to Buy

8. Stellantis N.V. (NYSE:STLA)

Stock Price: $10.96

Forward P/E: 5.28

Number of Hedge Fund Holders: 32

Stellantis N.V. (NYSE:STLA) designs, manufactures, distributes, and sells vehicles. The company offers products under various brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall.

On April 30, 2025, the company reported a 14% drop in its fiscal Q1 2025 revenue, primarily due to unfavorable pricing and reduced shipment volumes. Despite the challenges it is facing, Stellantis N.V. (NYSE:STLA) improved its market share in the US and EU30 markets and launched new products. It is actively engaging with policymakers to manage the impact of tariffs on its operations.

Stellantis N.V. (NYSE:STLA) is also rolling out the STLA AutoDrive system and bolstering its strategic partnership with Mistral AI to advance its technological capabilities.

Even after the revenue drop, Jose Asumendi from J.P. Morgan maintained a Buy rating on Stellantis N.V. (NYSE:STLA) on May 1 because of these optimistic trends and set a price target of €13.00.