In this article, we will look at the 10 Best Strong Buy Stocks to Invest In Under $20.
On March 23, Dan Niles, founder and portfolio manager at Niles Investment Management, appeared on CNBC’s ‘Squawk on the Street’ to talk about market themes and the war in Iran. President Trump recently announced productive talks with Iran on the Iran war, with positive steps when it comes to negotiations and the potential end of the conflict. Niles was of the view that in these circumstances, one has to look at what the risk-adjusted returns are looking like. He has been negative about how this will play out, because it takes one person to start a war but two to end it.
READ ALSO: 12 Best Long Term Stocks to Invest In According to Billionaires AND 11 Best Ethical Companies to Invest In Now According to Reddit.
On Friday, he stated that the market overall is oversold in the sense that it is not stocks that got him really interested; you look at bonds, and since the end of February, you look at the two-year, it has moved up 50 basis points, and you were pricing in rate hikes and not cuts for the rest of the year. In addition to that, gold was getting absolutely killed. Therefore, he said that in late February it was overbought, and on Friday, it was oversold.
With these broader market trends in view, let’s look at the best strong buy stocks to invest in under $20.
Our Methodology
We used the Finviz stock screener to compile a list of the best stocks under $20 with consensus Strong Buy ratings and selected the top 10 most popular among elite hedge funds as of Q3 2025. We sourced the hedge fund data from Insider Monkey’s database. The stocks are ranked in ascending order of hedge fund sentiment.
Note: All data was recorded on March 23.
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).
10 Best Strong Buy Stocks to Invest In Under $20
10. ImmunityBio Inc. (NASDAQ:IBRX)
ImmunityBio Inc. (NASDAQ:IBRX) is one of the best strong buy stocks to invest in under $20. ImmunityBio Inc. (NASDAQ:IBRX) announced on March 20 that the Pharmaceutical Administration Bureau (ISAF) of the Macau Special Administrative Region of the People’s Republic of China granted regulatory approval for ANKTIVA®. Management stated that the approval establishes ANKTIVA’s initial presence in Asia, while highlighting ImmunityBio Inc.’s (NASDAQ:IBRX) strategy for the expansion of global access through reliance-based regulatory pathways.
The company further reported that ANKTIVA gained approval in combination with Bacillus Calmette-Guérin in Macau, for adult patients with BCG-unresponsive non-muscle invasive bladder cancer with carcinoma in situ ± papillary tumors, which is consistent with its approved use in the United States. It also stated that the authorization was granted after a review considering previous regulatory decisions by the U.S. Food and Drug Administration and the European Medicines Agency, in accordance with applicable local requirements.
Patrick Soon-Shiong, M.D., Founder, Executive Chairman and Global Chief Scientific and Medical Officer of ImmunityBio Inc. (NASDAQ:IBRX), stated that the approval in Macau highlights the “strength of the clinical and regulatory foundation supporting ANKTIVA in BCG-unresponsive NMIBC CIS, with or without papillary tumors”.
ImmunityBio, Inc. (NASDAQ:IBRX) is a clinical-stage immunotherapy company that develops next-generation therapies to treat cancer and infectious diseases. Its immunotherapy platform activates the adaptive and innate immune systems to create long-term immunological memory.
9. SailPoint, Inc. (NASDAQ:SAIL)
SailPoint, Inc. (NASDAQ:SAIL) is one of the best strong buy stocks to invest in under $20. On March 19, Scotiabank cut the price target on SailPoint, Inc. (NASDAQ:SAIL) to $16 from $24 and reiterated an Outperform rating on the shares. The firm told investors that it likes the company’s position as the number 1 player competitively in governance. It added that with expectations reset to a level that looks “conservative,” the firm believes the current risk/reward profile skews up.
SailPoint, Inc. (NASDAQ:SAIL) also received a rating update from RBC Capital on March 19. The firm cut the price target on the stock to $19 from $23, but reaffirmed an Outperform rating on the shares. It told investors in a research note that the company posted a solid end to the year with annualized recurring revenue growth of 28%. It added that although the beat margin was smaller, RBC Capital remains encouraged by SailPoint, Inc.’s (NASDAQ:SAIL) medium-term business trends.
SailPoint, Inc. (NASDAQ:SAIL) provides an elaborate identity security platform for the enterprise, with its solutions allowing organizations to control, establish, and automate policies that allow them to attain regulatory compliance and define and maintain a robust security posture.
8. Kanzhun Limited (NASDAQ:BZ)
Kanzhun Limited (NASDAQ:BZ) is one of the best strong buy stocks to invest in under $20. Barclays cut the price target on Kanzhun Limited (NASDAQ:BZ) to $19 from $28 on March 20, reiterating an Overweight rating on the shares. The firm told investors in a research note that the company delivered fiscal Q4 results that were better than expected. However, the Q1 guidance came in below due to Chinese New Year seasonality.
Kanzhun Limited (NASDAQ:BZ) announced unaudited financial results for fiscal Q4 and full year 2025 on March 18, reporting that the total paid enterprise customers in the twelve months ended December 31, 2025, reached 6.8 million, reflecting a growth of 11.5% from 6.1 million in the prior year period. Revenue for the quarter was RMB2,078.5 million (US$297.2 million), up 14.0% from RMB1,823.6 million for the same quarter last year. For the full year, revenues came up to RMB8,267.5 million (US$1,182.2 million), reflecting an increase of 12.4% from RMB7,355.7 million for the full year of 2024.
Kanzhun Limited (NASDAQ:BZ) provides online recruitment services. The company’s offerings also include value-added tools for job seekers.
7. Ondas Inc. (NASDAQ:ONDS)
Ondas Inc. (NASDAQ:ONDS) is one of the best strong buy stocks to invest in under $20. Ondas Inc. (NASDAQ:ONDS) announced on March 23 its entry into a definitive agreement to acquire World View Enterprises, Inc., with the transaction building on the companies’ previously announced $10 million strategic investment and partnership agreement. World View Enterprises, Inc. is a leader in high-altitude balloon intelligence, surveillance, and reconnaissance (ISR) and stratospheric remote sensing.
Management stated that the acquisition will unite Ondas Inc. (NASDAQ:ONDS) and World View around a “shared and highly complementary vision for a unified, multi-domain, AI-powered intelligence architecture”. The two companies would bring stratospheric persistence and tactical autonomy together, aimed at advancing an integrated intelligence platform spanning stratosphere, air, and land, designed to meet the rapidly evolving needs of defense, homeland security, allied governments, and critical infrastructure operators.
Eric Brock, Chairman and CEO of Ondas Inc. (NASDAQ:ONDS), stated that the partnership will help accelerate the company’s systems-of-systems roadmap by extending its architecture into the stratosphere, adding long-endurance, wide-area persistence to its layered ISR strategy across air and ground domains.
Ondas Inc. (NASDAQ:ONDS) develops, markets, and sells wireless radio systems for secure, wide-area mission-critical business-to-business networks. The company’s operations are divided into the Ondas Networks and Ondas Autonomous Systems segments.
6. Uranium Energy Corp. (NYSE:UEC)
Uranium Energy Corp. (NYSE:UEC) is one of the best strong buy stocks to invest in under $20. Uranium Energy Corp. (NYSE:UEC) announced on March 23 that it has secured State regulatory approval and commenced operating three additional header houses in wellfield 11 at Christensen Ranch. Management also stated that one additional header house is awaiting regulatory approval, while three more are under construction in wellfield 12 and 10-extension.
Uranium Energy Corp. (NYSE:UEC) reported that the three new header houses, along with the continued wellfield development at Christensen Ranch, will lead to expanded production capacity in Wyoming. It also said that the Burke Hollow mine in South Texas is ready for operations and awaiting final approval from the Texas Commission on Environmental Quality, which would allow its startup. Uranium Energy Corp.’s (NYSE:UEC) Wyoming and Texas operations, when taken together, as well as the recent approvals and ongoing construction, are anticipated to drive considerable production expansion.
Brent Berg, Senior Vice President, U.S. Operations at Uranium Energy Corp. (NYSE:UEC) stated that the approval has allowed the company to start uranium extraction at the new header houses, allowing the planned increase in production volume at its Christensen Ranch operations.
Uranium Energy Corp. (NYSE:UEC) is involved in the provision of uranium and titanium mining and related activities, including exploration, pre-extraction, extraction, and processing of uranium concentrates and titanium minerals. The company’s operations are divided into the following geographical segments: Wyoming, Texas, Saskatchewan, and Others.
While we acknowledge the potential of UEC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UEC and that has 100x upside potential, check out our report about the cheapest AI stock.
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