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’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 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 is a premier and vertically integrated natural gas company. It has upstream and midstream operations focused in the Appalachian Basin.
9. Ally Financial Inc. (NYSE:ALLY)
Forward P/E: ~8.4x
Number of Hedge Fund Holders: 55
Average Upside Potential: ~22.2%
Ally Financial Inc. (NYSE:ALLY) is one of the Best Bargain Stocks to Buy in May. On April 17, the company released its Q1 2026 financial results, with net income coming at $291 million as compared to a $253 million loss in Q1 2025. Ally Financial Inc.’s provision for credit losses rose $276 Mn YoY to $467 Mn mainly because of a reserve release related to the sale of Credit Card in the prior year. This was partially mitigated by reduced retail auto net charge-offs.
Ally Financial Inc.’s Q1 2026 reflected a healthy start to the year, demonstrating momentum throughout the core franchises. The company sourced $11.5 billion of consumer auto originations from the record 4.4 million consumer auto applications. In Dealer Financial Services, healthy and mutually beneficial dealer relationships resulted in strong consumer applications.
For FY 2026, net interest margin (excluding OID) is expected to be between 3.60% – 3.70%, while adjusted other revenue is expected to be flat to up 5% YoY.
Ally Financial Inc. is a digital financial services company. It is engaged in offering digital financial products and services.
8. Omnicom Group Inc. (NYSE:OMC)
Forward P/E: ~6.9x
Number of Hedge Fund Holders: 47
Average Upside Potential: ~24.1%
Omnicom Group Inc. (NYSE:OMC) is one of the Best Bargain Stocks to Buy in May. On April 21, the company announced expansion of the global partnership with Adobe, focusing on co‑developing an enterprise‑grade, industry‑specialized AI Agentic Operating Model solution. Through the integration of Omni and the agentic framework with Adobe’s enterprise marketing and creative technology stack, Omnicom Group Inc. plans to bring this solution to the market.
Notably, Omni is Omnicom Group Inc.’s proprietary marketing and sales platform. In the upcoming 12 months, the company plans to design, architect, and operationalize the industry-focused solution throughout 5 core use cases. These cases include end‑to‑end customer experience, omni channel planning, total creative workflow, .com, and email.
There will be seamless data exchanges across Adobe products, Omni’s powerful connected platform layer, and the agentic infrastructure, resulting in predictive growth at enterprise scale. This partnership is directly addressing a market challenge, which is that most AI marketing solutions are disconnected point tools lacking enterprise governance, vertical specialization, and true orchestration.
Omnicom Group Inc. is the leading marketing and sales company.
7. Capital One Financial Corporation (NYSE:COF)
Forward P/E: ~9.7x
Number of Hedge Fund Holders: 136
Average Upside Potential: ~33.2%
Capital One Financial Corporation (NYSE:COF) is one of the Best Bargain Stocks to Buy in May. On April 21, Mihir Bhatia from Bank of America Securities reiterated a “Buy” rating on the company’s stock, with a price objective of $234.00. The analyst’s rating was backed by several factors, which emphasize that the earnings miss for Q1 2026 does not change the thesis for Capital One Financial Corporation.
According to the analyst, operating expenses were better than feared, with marketing costs coming in lower than expected. Also, the interchange revenue was aided by the successful migration of debit volume onto the Discover network, helping the earnings power. The present headwinds are expected to abate, added the analyst, while highlighting that NIM pressure was because of temporary factors, such as day count and excess liquidity. The credit trends continue to improve, and capital returns are strong. The analyst also highlighted Capital One Financial Corporation’s healthy capital position and long-term benefits due to the integrations of the Discover and Brex acquisitions.
Capital One Financial Corporation is a technology-based financial services company.
6. Charter Communications, Inc. (NASDAQ:CHTR)
Forward P/E: ~5.5x
Number of Hedge Fund Holders: 62
Average Upside Potential: ~34.6%
Charter Communications, Inc. (NASDAQ:CHTR) is one of the Best Bargain Stocks to Buy in May. On April 24, the company released financial and operating results for the three months ended March 31, 2026, with the quarterly revenue declining by 1.0% YoY to $13.6 billion because of lower residential video revenue. However, the impact was offset by higher residential mobile service revenue and increased mobile device revenue.
In Q1 2026, Charter Communications, Inc. saw adjusted EBITDA of $5.6 billion, which was down by 2.2% YoY. This fall reflects a decline in revenue of 1.0%. This was partly mitigated by the decrease in operating costs and expenses of 0.2%. Excluding the transition expenses, Charter Communications, Inc.’s adjusted EBITDA fell 1.8% YoY.
Charter Communications, Inc. expects FY 2026 capital expenditures, which exclude the impacts from the previously announced Cox transaction, to come at ~$11.4 billion. Capital expenditures were $2.9 billion in Q1 2026.
Charter Communications, Inc. is a broadband connectivity company.
5. Accenture plc (NYSE:ACN)
Forward P/E: ~13.07x
Number of Hedge Fund Holders: 71
Average Upside Potential: ~40.1%
Accenture plc (NYSE:ACN) is one of the Best Bargain Stocks to Buy in May. On April 22, the company announced the expansion of its partnership with Google Cloud. The launch of a first-of-its-kind program emphasizes supporting enterprises in fueling AI-powered reinvention as well as business value faster. With the help of the Gemini Enterprise Acceleration Program, Accenture plc (NYSE:ACN) and Google Cloud will be bringing together several forward-deployed engineers (FDEs), AI-skilled engineers, and industry domain experts, along with the Faculty’s strong experience in applied AI.
Overall, the Gemini Enterprise Acceleration Program tends to create a strong new execution model by combining the strength of Google Cloud and Accenture AI engineers. Furthermore, it was highlighted that Google Cloud and Accenture Song will deliver a new offering, Generative Content OS. This can change how marketing teams manage and scale the digital content by leveraging Gemini Enterprise.
Through developing AI-powered content studios, marketers can accelerate speed-to-market and develop hyper-personalized, one-to-one digital experiences.
Accenture plc (NYSE:ACN) is a global leader in consulting, technology, and outsourcing services.
4. Salesforce, Inc. (NYSE:CRM)
Forward P/E: ~13.5x
Number of Hedge Fund Holders: 115
Average Upside Potential: ~41.4%
Salesforce, Inc. (NYSE:CRM) is one of the Best Bargain Stocks to Buy in May. On April 22, it was announced that Google Cloud and Salesforce, Inc. entered into an expanded partnership. The AI agents can execute end-to-end workflows throughout both platforms by addressing the challenge of fragmented data as well as disconnected systems.
Considering the new integrations throughout Salesforce, Inc. and Google Cloud, the deployment of AI agents in tools such as Slack and Google Workspace can be done by customers. Furthermore, Agentforce and Gemini Enterprise will offer the intelligence and context. The agents will work throughout the systems and reduce the risky data movement. It will also allow agents to eliminate the time lost to context switching.
Because of the expanded partnership, both companies will develop new features, which can make the transition simpler for customers from manual oversight to autonomous operations. Such integrations will bring Google Cloud and Salesforce, Inc. together throughout every layer of Agentic Enterprise.
Salesforce, Inc. is engaged in offering customer relationship management technology services.
3. United Airlines Holdings, Inc. (NASDAQ:UAL)
Forward P/E: ~8.14x
Number of Hedge Fund Holders: 79
Average Upside Potential: ~42.08%
United Airlines Holdings, Inc. (NASDAQ:UAL) is one of the Best Bargain Stocks to Buy in May. On April 21, the company reported Q1 2026 profit, posting pre-tax earnings of $0.9 billion and a pre-tax margin of 6.0%, reflecting an increase of 2.3 points YoY. United Airlines Holdings, Inc.’s diverse revenue streams were resilient, which include premium revenue rising 14% YoY, loyalty revenue increasing 13%, and revenue from Basic Economy rising by 7%.
At the end of Q1 2026, net leverage came in at 2.0x for the last twelve months. For Q2 2026, United Airlines Holdings, Inc. expects adjusted diluted EPS of between $1.00 – $2.00. The company’s total operating revenue was $14.6 billion in Q1 2026, reflecting 10.6% increase YoY, with passenger revenue going up by $1.3 billion, or 11.0% YoY, mainly because of a 3.4% rise in capacity, a 4.2% rise in yield, and a 4.1% rise in the number of passengers flown.
United Airlines Holdings, Inc. offers air transportation services.
2. Fidelity National Information Services, Inc. (NYSE:FIS)
Forward P/E: ~7.2x
Number of Hedge Fund Holders: 57
Average Upside Potential: ~42.1%
Fidelity National Information Services, Inc. (NYSE:FIS) is one of the Best Bargain Stocks to Buy in May. On April 24, Truist reduced its price objective on the company’s stock to $50 from $57, while keeping a “Hold” rating on the shares. This forms part of the broader research note that previews overall Q1 results for Payments and Capital Markets companies.
As per the analyst, the setup seems to be favorable, with the results of the US Banks hinting at volume increase for the payments group, and consumer spending growth ramped up so far throughout 2026. Furthermore, the valuations are now lower after the recent underperformance. That being said, the firm believes that investors need to choose carefully and stay away from the stocks bearing the potential for downward revisions.
In a different update, Barclays US Consumer Bank and Fidelity National Information Services, Inc. made an announcement of a multi-year extension of the core banking partnership agreement.
Fidelity National Information Services, Inc. is a leading financial technology company that offers solutions to financial institutions, businesses, and developers.
1. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)
Forward P/E: ~9.7x
Number of Hedge Fund Holders: 49
Average Upside Potential: ~50.6%
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is one of the Best Bargain Stocks to Buy in May. On April 21, Cognizant Technology Solutions Corporation stated that it was named as one of the partners selected by OpenAI to enhance the impact of Codex throughout enterprise clients. The company plans to embed Codex directly into the engineering workflows throughout the Software Engineering Group.
The selection of Cognizant Technology Solutions Corporation demonstrates its track record as an AI builder. While OpenAI brings frontier intelligence, Cognizant will bring enterprise scale, deep industry expertise, and the governance rigor needed in the industry. This partnership tends to add Codex capabilities of OpenAI to Cognizant’s AI builder stack, spanning leading AI platforms and hyperscalers.
With the help of a partnership, Cognizant Technology Solutions Corporation and OpenAI focus on working together to deliver AI-fueled engineering, modernization, and security compliance capabilities to clients throughout industries.
Cognizant Technology Solutions Corporation is a professional services company. It offers consulting and technology, and outsourcing services.
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