10 Best Cheap Stocks Under $10 to Buy Now in April

In this article, we will be taking a look at the 10 Best Cheap Stocks Under $10 to Buy Now in April.

As U.S. economic growth slows, Bank of America strategists have highlighted growing stagflation risks and warned that the markets are becoming more susceptible. Even if stagflation is bad, strategists see small-cap firms as potential winners in this situation. The market reached record highs due to the continuous trend away from large-cap tech stocks. Market volatility has been rising as investors make changes to their portfolios following years of significant earnings. When the CBOE Volatility Index (VIX) goes above 20, it shows a rise in anxiety and uncertainty.

According to Jill Carey Hall, an equities and quantitative strategist at Bank of America Securities, high-quality stocks and those that provide cash to shareholders have historically done well during increasing VIX periods. In these conditions, value businesses have also outperformed growth along with momentum stocks, particularly if stagflation fears persist.

Even though there has been a S&P 500’s 4% monthly loss, certain stocks have seen to be still been performing nicely. Many investors have been focusing on “cheap” companies, which are generally defined by low forward price to earnings (P/E) ratios. These compare present share prices with anticipated future earnings. As of March 18, 2026, the S&P 500’s expected 12-month P/E ratio was 21.35, which is higher than its 10-year average of 18.9 but lower than 22.0x at the end of 2025. Goldman Sachs strategist Ben Snider observed this high multiple in January, pointing out that it is near the 2000 record of 24x and equals the 2021 top, suggesting a small margin for error.

Value stocks are becoming more popular among investors as a result. In February 2026, the Russell 3000 Value index rose 2.59% while the Growth index fell 2.56%, a difference of more than 5% in a single month. The Morningstar US Growth Index grew by 8.33% in the year ended February 19, whereas the Morningstar US Value Index climbed by 18.60%, more than twice as much. Morningstar expert Dave Sekera emphasizes that moving to value stocks can protect investors from sell-offs and present opportunities to reallocate into low-cost technology and AI stocks.

Since forward P/E ratios focus on future earnings instead of historical performance, they tend to remain an important tool for identifying cheap stocks. Low future P/E stocks can offer favorable entry prices, potential earnings-driven gains, and valuation growth, which may appeal to value-oriented investors seeking disciplined, lower-risk opportunities.

With that said, let’s take a look at the cheap stocks to buy.

Stocks

Our Methodology

For our methodology, we screened stocks with a P/E ratio under 20 and a share price below $10 as of the last close on March 27. From this list, we prioritized stocks with recent news or developments and ranked them based on their P/E ratios.

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).

Here is our list of the 10 best cheap stocks under $10 to buy now in April.

10. Holley Inc. (NYSE:HLLY)

PE Ratio: 19.06

Holley Inc. (NYSE:HLLY) is one of the cheap stocks to buy on this list.

TheFly reported on March 20 that HLLY has expanded its Safety & Racing lineup by acquiring HRX, a motorsports apparel brand from Italy that provides racewear for karting and competitive racing participants. However, the financial details of the deal were not made public.

Separately, on March 4, Holley Inc. (NYSE:HLLY) shared its financial performance for 2025 and guided for the upcoming year. The company reported full-year net sales of $613.5 million, reflecting a modest increase from the prior year, with core business growth of 6.6% after excluding non-core operations. Net income reached $19.2 million, a turnaround from a loss of $23.2 million the previous year, while adjusted net income totaled $21.2 million.

The Corporation’s adjusted EBITDA improved to $124 million, and Free Cash Flow amounted to $34.2 million. Operational efficiency, strategic execution, and growth across B2B and direct-to-consumer channels contributed to these results.

Moreover, entering 2026, the business expects continued revenue growth, driven by its strategic priorities, new product launches, and further expansion across brands and divisions.

Holley Inc. (NYSE:HLLY) designs, manufactures, and distributes performance automotive aftermarket parts, like carburetors, fuel systems, superchargers, exhausts, and tuners, serving car and truck enthusiasts globally under brands such as Holley, MSD, Flowmaster, and Superchips.

9. Hudson Technologies, Inc. (NASDAQ:HDSN)

PE Ratio: 15.70

Hudson Technologies, Inc. (NASDAQ:HDSN) is among the cheap stocks to invest in.

TheFly reported on March 6 that Canaccord updated its outlook for HDSN, reducing the price target from $10 to $9.50 while maintaining a Buy rating. The revision followed strong revenue results and reflects the company’s efforts under new management to advance its evolving business strategy.

More recently, Hudson Technologies, Inc. (NASDAQ:HDSN) revealed a key operational initiative on March 27, through a licensing arrangement with Solstice Advanced Materials (SOLS). Under the agreement, Hudson will handle the reclamation and resale of R-448A and R-449A refrigerants, both of which are patented HFO blends. These refrigerants are designed for compliance with the AIM Act, allowing the replacement of higher-global-warming-potential HFC refrigerants with lower-GWP alternatives, specifically in supermarket applications. The licensing deal grants Hudson Technologies the right to process, reclaim, and distribute R-448A and R-449A across the United States and Canada, enabling the company to expand its product offerings while supporting environmentally conscious refrigerant use.

This step strengthens HDSN’s operational capabilities in sustainable refrigerant management, aligns with regulatory trends toward lower-GWP solutions, and provides a new avenue for revenue growth in North American markets. The collaboration also reflects Hudson’s focus on leveraging patented technology to enhance its service portfolio and market presence.

Hudson Technologies, Inc. (NASDAQ:HDSN) is a U.S. environmental services company that recovers, reclaims, and recycles refrigerants and refrigerant alternatives, providing sustainable solutions for the HVAC and refrigeration industries.

8. Burford Capital Limited (NYSE:BUR)

PE Ratio: 14.91

Burford Capital Limited (NYSE:BUR) is among the best cheap stocks to buy.

TheFly reported on March 30 that Wedbush adjusted its rating on BUR from Outperform to Neutral, reducing the price target from $6.00 to $4.75. The move followed BUR’s press release addressing the U.S. Appeals Court’s unfavorable decision in the YPF case. The statement highlighted that certain fair value assessments could lead to net worth thresholds that might restrict the company’s ability to issue new debt. While this does not pose an immediate concern, Wedbush noted that Burford may need to revise growth targets to increase cash generation. Alongside the ongoing legal uncertainties, this introduces an additional financial risk consideration for the company’s outlook.

In addition to that, on March 27, Burford Capital Limited (NYSE:BUR) disclosed that the U.S. Court of Appeals for the Second Circuit issued its decision regarding the company’s Petersen and Eton Park claims against the Republic of Argentina and YPF. Burford noted that a more detailed update will be provided after the ruling has been fully reviewed. In trading, the company’s shares recovered slightly from earlier session lows but remained down $2.97, or 38%, settling at $4.86 in afternoon activity. The announcement underscores the ongoing legal developments impacting Burford’s financial position and market response.

Burford Capital Limited (NYSE:BUR) is a global finance firm specializing in litigation and dispute funding, providing capital and risk solutions to law firms and corporations to manage legal costs and monetize legal assets.

7. Melco Resorts & Entertainment Limited (NASDAQ:MLCO)

PE Ratio: 12.33

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) is among the best cheap stocks to invest in.

TheFly reported on March 26 that Morgan Stanley revised its outlook for MLCO, lowering the price target from $8.50 to $6.30 while retaining an Overweight rating. The firm also adjusted its industry view on Macau gaming from Attractive to In-Line. Although Macau’s gross gaming revenue is projected to grow faster than Singapore and Las Vegas in 2026, the bank expects MLCO and other Macau stocks to underperform in the near term due to anticipated corporate EBITDA growth of only 2%, below consensus estimates and weaker than 2025. The firm forecasts overall Macau 2026 GGR growth of 6% alongside the limited EBITDA expansion.

In a significant operational development, on March 19, Melco Resorts & Entertainment Limited (NASDAQ:MLCO) highlighted its leadership in fine dining by earning eight MICHELIN Stars across five of its restaurants in Macau, spanning City of Dreams, Studio City, and Altira Macau. City of Dreams emerged as the top gastronomic destination in Macau, securing six MICHELIN Stars, which is the highest number for any integrated resort in the city. This recognition reinforces MLCO’s premium positioning in the hospitality and entertainment sector, showcasing its commitment to culinary excellence and elevating its reputation as a destination that combines luxury accommodations with world-class dining experiences for both local and international guests.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) is a global developer and operator of integrated resort casinos, hotels, and entertainment complexes, primarily in Asia, offering gaming, hospitality, and leisure experiences.

6. Organigram Global Inc. (NASDAQ:OGI)

PE Ratio: 12.05

Organigram Global Inc. (NASDAQ:OGI) is among the best cheap stocks to buy in April.

TheFly reported on March 23 that OGI announced Institutional Shareholder Services (ISS) recommended shareholders support the ordinary resolution approving the company’s indirect acquisition of Sanity Group GmbH. The resolution was set to be acted upon at OGI’s Annual General and Special Meeting of Shareholders on Monday, March 30, 2026, at 10:00 a.m., at 333 Bay Street, Suite 3400, Toronto, Ontario. The ISS endorsement reinforces shareholder confidence and aligns with Organigram’s strategic plan to expand operations through the integration of Berlin-based Sanity Group.

On March 10, Organigram Global Inc. (NASDAQ:OGI) distributed its Management Information Circular and related materials for the meeting. Shareholders will vote on the Transaction Resolution, approving the acquisition of all remaining shares of Sanity Group GmbH under the share purchase agreement dated February 18, 2026. The transaction involves an upfront payment of €113.4 million in cash and Organigram shares, plus potential earnout payments of up to €113.8 million based on performance. Completion is contingent on regulatory approvals, shareholder consent, and private placement financing with BAT to fund part of the purchase and related costs.

Organigram Global Inc. (NASDAQ:OGI) is a Canadian cannabis producer that cultivates, manufactures, and sells recreational and medicinal cannabis products to domestic and international markets.

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