10 Best Long Term Stocks to Buy Under $20 

8. XPeng Inc. (NYSE:XPEV)

Number of Hedge Fund Holders: 21

XPeng Inc. (NYSE:XPEV) is one of the best long term stocks to buy under $20. XPeng Inc. (NYSE:XPEV) announced its vehicle delivery results for May 2026 on June 1. The company delivered a total of 32,158 vehicles in May, reflecting a 4% increase from the prior month. Management stated that the company’s electric vehicles delivered between January and May 2026 are anticipated to reduce life-cycle greenhouse gas emissions by over 2 million tons compared to internal combustion engine vehicles. This translates to the carbon absorption of 33.16 million young trees over 10 years.

In a separate development, XPeng Inc. (NYSE:XPEV) received a rating update from BofA on May 28. The firm lifted the price target on the stock to $25 from $24, maintaining a Buy rating on the shares and stating that the company’s fiscal Q1 results showed rapidly growing overseas sales, which accounted for 20% of revenue in the quarter. It further told investors in a research note that management is targeting more than 10,000 monthly overseas unit sales by fiscal Q4 and over 100% annual growth.

XPeng Inc. (NYSE:XPEV) is involved in the design, manufacturing, development, and marketing of smart electric vehicles. The company’s offerings are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). It also offers a range of client services, including supercharging service, maintenance service, ride-hailing service, and vehicle leasing service.

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