10 Best US Penny Stocks to Buy

5. JetBlue Airways Corporation (NASDAQ:JBLU)

Share Price: $4.59

Number of Hedge Fund Holders: 36

JetBlue Airways Corporation (NASDAQ:JBLU) is one of the best US penny stocks to buy. On December 8, Morgan Stanley reduced its price target on JetBlue Airways Corporation (NASDAQ:JBLU) from $8 to $7 while keeping an Equal Weight rating on the stock.

Morgan Stanley pointed out that it still has an “attractive” outlook on the US airline industry looking into 2026. The firm believes that if airlines can deliver a stable and “boring” year, it could help show the true normalized earnings power of the group and may lead to a “transformative year for the stocks.”

In other news, on December 30, JetBlue Airways Corporation (NASDAQ:JBLU) announced that it will be launching a new daily nonstop service between New York’s John F. Kennedy International Airport (JFK) and Cleveland Hopkins International Airport (CLE). The new route is scheduled to begin on March 30, 2026, and tickets are already available for sale. This nonstop service will give customers in Northeast Ohio more travel options and access to JetBlue Airways Corporation’s (NASDAQ:JBLU) New York focus city.

The new Cleveland-to-New York service will add to the company’s existing nonstop service from Cleveland to Boston, which is another focus city for the airline. JetBlue Airways Corporation (NASDAQ:JBLU) expects the new service to improve connectivity for customers, offering more convenient access to New York City and one-stop connections to many destinations in Florida, the Caribbean, and Latin America. It will also include daytime service to London Heathrow and flights operated by the company’s global partner airlines.

JetBlue Airways Corporation (NASDAQ:JBLU) is an American major airline that carries customers to over 100 destinations across the US, Latin America, the Caribbean, Canada, and Europe.