In this article, we will discuss the 10 Best Bargain Stocks to Buy in May.
On April 15, JP Morgan stated that the 2026 S&P 500 earnings growth forecast was revised upwards from 14.9% on December 31 to 17.6%. This is despite concerns related to the geopolitical uncertainty. The firm opines that while war can reduce the EPS growth by mid-single digits, it will still imply the potential double-digit profit growth. The profits are projected to increase by 12.6% in Q1 2026, demonstrating the 6th consecutive quarter where there will be double-digit earnings growth.
As per JPMorgan, earnings from the technology sector can increase 45% YoY. This forecast is more than 10% higher than the expectations that were at the beginning of this quarter. Semiconductors are expected to be the top performer, which is projected to see a strong 95% YoY growth rate, or 55% of the total earnings growth of the broader sector.
Amidst such expectations, we will now have a look at the 10 Best Bargain Stocks to Buy in May.
Our Methodology
To list the 10 Best Bargain Stocks to Buy in May, we used a screener to shortlist stocks that trade at a forward P/E of less than 15x. Next, we narrowed down our list to the ones in which analysts see atleast 20% upside, as of April 24. The stocks are ranked in ascending order of their average upside potential. We also mentioned hedge fund sentiments around each stock, as of Q4 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Best Bargain Stocks to Buy in May
10. EQT Corporation (NYSE:EQT)
Forward P/E: ~13.3x
Number of Hedge Fund Holders: 92
Average Upside Potential: ~21.2%
EQT Corporation (NYSE:EQT) is one of the Best Bargain Stocks to Buy in May. On April 21, the company released financial and operational results for Q1 2026, with sales volume coming at 618 Bcfe and above the high-end of guidance. This was because of healthy well performance, system pressure optimization, as well as strong execution during Winter Storm Fern. During the same period, EQT Corporation (NYSE:EQT)’s capital expenditures came in at $608 million, which were 4% below the low-end of guidance.
Capital expenditures were aided by operational efficiency gains and lower-than-anticipated infrastructure spending. EQT Corporation (NYSE:EQT) saw total per unit operating costs of $1.09 per Mcfe, which was 2% below the low-end of the guidance as a result of lower-than-expected SG&A, LOE, and O&M. For Q2 2026, the company anticipates total sales volume of 570 – 620 Bcfe, including the impact of 10 – 15 Bcfe of strategic curtailments.
It forecasts maintenance capital expenditures of between $525 million – $595 million and growth capital expenditures of $210 million – $235 million in Q2 2026.
EQT Corporation (NYSE:EQT) is a premier and vertically integrated natural gas company. It has upstream and midstream operations focused in the Appalachian Basin.
