10 Best Low Priced Stocks to Invest in For the Long Term

5. Marqeta, Inc. (NASDAQ:MQ)

Stock Price as of May 6: $3.90

Market cap as of May 6: $2.2 billion

Number of Hedge Fund Holders: 37

Marqeta, Inc. (NASDAQ:MQ) is engaged in developing and publishing a commerce payments platform. It saw total processing volume (TPV) of $84 billion, demonstrating a YoY growth of 27%. The company continues to expand its customer portfolio throughout a diverse set of use cases and geographies, demonstrating payments industry leadership. In Q1 2025, Marqeta, Inc. (NASDAQ:MQ)’s gross profit improved by 17% YoY primarily because of its TPV growth. The company continues to see strong growth in Europe, with TPV growth remaining more than 100% in Q1 2025.

Adding program management remains a critical lever for enhancing its offerings to offer a more holistic solution for customers operating in Europe. Furthermore, the acquisition of TransactPay remains on track to close by the end of Q3 2025, and Marqeta, Inc. (NASDAQ:MQ) expects it to be a significant step in delivering its program management offering, which remains comparable to other geographies such as the US and Canada. The transaction continues to drive strong customer interest since it exhibits more control of the entire card offering and seamless geographic expansion. Furthermore, the second migration was Bitpanda, a European crypto platform. Marqeta, Inc. (NASDAQ:MQ) has been powering cards that enable consumers to spend cryptocurrency through a card for several years.