10 Best Stocks to Buy Under $20

7. Albertsons Companies Inc. (NYSE:ACI)

Share Price as of October 1: $17.35

Number of Hedge Fund Holders: 49

Albertsons Companies Inc. (NYSE:ACI) is one of the best stocks to buy under $20. On September 23, Albertsons Companies announced the launch of “for U Travel,” which is a new travel booking experience powered by Expedia. This feature is integrated within the free for U loyalty program and rewards customers with cashback on both air and non-air travel bookings.

Through the program, members of the free for U loyalty program can earn up to 5% cashback to use toward grocery purchases at any Albertsons Companies store, such as Albertsons, Safeway, Vons, Jewel-Osco, ACME, and Shaw’s. Members of the paid FreshPass loyalty program can earn an even more generous up to 10% cashback.

The cashback reward is an additional perk for FreshPass members, who already enjoy benefits like unlimited free delivery on orders over $30, non-expiring points, and extra savings on select private label brands. The partnership uses Expedia Group’s White Label Template solution.

Albertsons Companies Inc. (NYSE:ACI) operates in the food and drug retail industry in the US. The company’s food & drug retail stores offer grocery products, general merchandise, health & beauty care products, pharmacy, fuel, and other items & services.