10 Best Strong Buy Stocks to Buy Under $10

6. Hudbay Minerals Inc. (NYSE:HBM)

Stock Price: $9.88

Analyst Upside: 28.34%

Number of Hedge Fund Holders: 34

Hudbay Minerals Inc. (NYSE:HBM) is one of the best strong buy stocks to buy under $10. On July 22, Stifel analyst Ralph Profiti raised the firm’s price target on Hudbay Minerals Inc. (NYSE:HBM) to C$17 from C$16.50, keeping a Buy rating on the shares.

Hudbay Minerals Inc. (NYSE:HBM) reported $594.9 million in revenue in its fiscal Q1 2025 results, along with a record quarterly adjusted EBITDA of $287.2 million.

The strong results were attributed to record-low consolidated cash cost performance, as all three of the company’s business units executed on their planned strategies and expanded operating cost margins.

Hudbay Minerals Inc. (NYSE:HBM) also reported consolidated copper production of 30,958 tonnes in Q1 2025, in line with the quarterly cadence expectations. However, consolidated gold production for the quarter exceeded the quarterly cadence expectations at 73,784 ounces. This solid performance was driven by outperformance in Manitoba.

Hudbay Minerals Inc. (NYSE:HBM) is a mining company that produces copper concentrate, molybdenum concentrate, and zinc metal. The company’s focus is on the production, discovery, and marketing of base and precious metals.