In this article, we will discuss the 10 Cheap Stocks to Buy For the Next 10 Years.
On May 4, Tom Lee, Fundstrat CIO & Head of Research, appeared on CNBC’s ‘Squawk Box’ to discuss the latest market trends and the resilience of the US stock market amidst ongoing geopolitical instability. The market successfully followed a historical script by bottoming out and moving past geopolitical conflicts long before they were fully resolved. Lee agreed and stated that the risk-reward profile for stocks remains favorable. He argued that the current war has highlighted the strength of the US’s global position, particularly as a leader in AI. Lee emphasized that AI-driven productivity is a primary engine for both GDP growth and corporate resilience and noted that earnings estimates have actually risen as the season progressed. Despite the uncertainty of a prolonged war, he anticipates continued tailwinds for stocks through July, especially since many investors remain on the sidelines with significant cash reserves.
There’s high concentration of market gains within the Mag 7 and semiconductor sectors. While AI beneficiaries are thriving, other areas like the equal-weighted consumer discretionary sector are struggling, sitting 9% below their highs due to economic frictions. Lee explained that this concentration is logical because the AI global productivity story is primarily centered in the US and China, leaving Europe behind. While he acknowledged that rising oil prices are a negative consequence of the conflict, he believes that the immediate market narrative is driven by earnings strength. He also highlighted US software as a top sector pick, arguing that while investors have questioned the durability of software business models, the current risk-reward for well-managed companies that can adapt to AI is excellent.
Lee also addressed investor positioning and sentiment and noted that 2026 has been an unusual year. Unlike previous corrections where retail investors were steady buyers, this year saw many sell into market lows, leaving them wrong-footed as the market returned to all-time highs. He observed that sentiment remains muted and positioning is cautious, which suggests that there is still plenty of liquidity available to support the market. Lee concluded that investors will likely buy the current dip caused by the geopolitical headlines because the underlying structural story remains strong; in fact, he suggests that demand for AI may actually increase if high energy prices put pressure on corporate margins and force companies to seek greater efficiency.
Our Methodology
We used screeners and financial media reports to identify stocks trading below a forward P/E of 15, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2025.
Note: All data was sourced on May 13.
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 Cheap Stocks to Buy For the Next 10 Years
10. Enterprise Products Partners (NYSE:EPD)
Number of Hedge Fund Holders: 27
Enterprise Products Partners (NYSE:EPD) is one of the cheap stocks to buy for the next 10 years. On April 28, Enterprise Products Partners reported financial results for Q1 2026, highlighted by a net income of $1.5 billion and operating income of $1.9 billion, an 8% increase year-over-year. The partnership achieved an Adjusted EBITDA of $2.7 billion and generated $2.1 billion in operational distributable cash flow. Additionally, the company used $116 million for common unit repurchases as part of its ongoing $5.0 billion buyback program.
The quarter was marked by 12 new operational records, including record natural gas processing inlet volumes of 8.3 Bcf/d and pipeline transportation volumes of 14.2 MMBPD. Marine terminal volumes rose 15% to 2.3 MMBPD, and NGL fractionation volumes reached a record 1.9 MMBPD. These results were driven by the integration of new assets, such as the Mentone West 2 plant and the Bahia NGL pipeline, alongside high utilization rates at PDH facilities and increased demand for US energy exports.
Enterprise Products Partners continues to expand its footprint in the Permian Basin, announcing plans for two additional natural gas processing plants expected to begin service in 2027. The partnership currently has ~$5.3 billion in major growth projects under construction. For Q1, capital investments totaled $988 million, with 2026 growth capital expenditures projected to range between $2.3 and $2.6 billion as the company scales infrastructure to meet rising production and global export demand.
Enterprise Products Partners provides midstream energy services for producers and consumers of natural gas, natural gas liquids/NGLs, crude oil, refined products, and petrochemicals.
9. Canadian Natural Resources Limited (NYSE:CNQ)
Number of Hedge Fund Holders: 34
Canadian Natural Resources Limited (NYSE:CNQ) is one of the cheap stocks to buy for the next 10 years. On May 7, Canadian Natural Resources reported earnings for Q1 2026, generating $2.4 billion in adjusted net earnings and $4.4 billion in adjusted funds flow. Total production reached ~1,643,000 BOE/d, marking a 4% year-over-year increase driven by record conventional production in North America. The company also achieved industry-leading operating costs of $23.73/bbl in its Oil Sands Mining and Upgrading segment.
The company maintained its commitment to shareholder returns, distributing $1.5 billion through $1.2 billion in dividends and $0.3 billion in share repurchases during the quarter. This marks the 26th consecutive year of dividend increases, with the annualized dividend now at $2.50 per share. Robust commodity prices and efficient operations have further accelerated debt reduction, bringing net debt below $16 billion.
Looking ahead, Canadian Natural Resources Limited is progressing on several medium-term growth projects, including the Jackfish and Pike 2 expansions. While long-term oil sands mining expansions remain on hold pending regulatory and fiscal certainty, the company continues to unlock value through its multilateral drilling program and solvent-enhanced recovery technologies. Current capital investment for the quarter totaled ~$2.0 billion to support these development goals.
Canadian Natural Resources Limited is a senior crude oil and natural gas production company. The company operates in core regions across Western Canada, the United Kingdom portion of the North Sea, and Offshore Africa.
8. Brookfield Corporation (NYSE:BN)
Number of Hedge Fund Holders: 46
Brookfield Corporation (NYSE:BN) is one of the cheap stocks to buy for the next 10 years. On April 16, Brookfield Corporation announced the pricing of two debt offerings totaling C$750 million. This includes C$500 million in medium-term notes due in 2036 with an annual interest rate of 4.803%. Additionally, the company is re-opening its 5.399% medium-term notes due in 2055 for an additional C$250 million, bringing the total aggregate principal for that series to C$900 million.
The 2055 notes are being issued at 99.495% of their face value, resulting in an effective yield of 5.433% if held to maturity. These offerings have been assigned investment-grade credit ratings, including A- from Standard & Poor’s and A3 from Moody’s. The notes are being managed by a syndicate of major Canadian financial institutions, including CIBC, BMO, and RBC Capital Markets.
Net proceeds from the sale of these notes are intended for general corporate purposes. This move aligns with Brookfield Corporation’s (NYSE:BN) strategy of maintaining a conservatively managed balance sheet while supporting its core businesses in asset management, wealth solutions, and global operating infrastructure.
Brookfield Corporation is a multi-asset manager investing across real estate, credit, renewable power, infrastructure, venture capital, and private equity.
7. Novo Nordisk (NYSE:NVO)
Number of Hedge Fund Holders: 55
Novo Nordisk (NYSE:NVO) is one of the cheap stocks to buy for the next 10 years. On May 13, Novo Nordisk presented new data from the OASIS 4 clinical trial at the European Congress on Obesity 2026, highlighting the effectiveness of the oral Wegovy pill (25 mg). The findings reveal that nearly one-third of participants were early responders, achieving a 13.2% weight loss within the first four months and reaching an average of 21.6% by the end of the 64-week study. Even those who did not meet early response criteria still achieved a clinically meaningful weight loss of 11.5%.
Beyond weight reduction, the treatment showed significant benefits for physical function and mobility. Nearly 80% of participants who started the trial with poor physical function reported nearly double the improvement in their ability to move, stand, and stay active compared to the placebo group. These quality-of-life improvements were seen alongside a safety profile consistent with the GLP-1 receptor agonist class, with most side effects being mild to moderate gastrointestinal issues.
Comparative analyses also positioned the Wegovy pill favorably against competitors like orforglipron. Research indicated that the pill delivered superior weight loss results and had significantly lower odds of treatment discontinuation due to side effects. Currently, the oral 25 mg dose is FDA-approved and pending regulatory approval in other markets, expanding the options for long-term weight management and cardiovascular risk reduction.
Novo Nordisk is a drug manufacturer for global pharmaceutical products that operates through two segments: Obesity & Diabetes Care and Rare Disease. The company was founded in 1923 and is headquartered in Denmark.
6. Accenture (NYSE:ACN)
Number of Hedge Fund Holders: 71
Accenture (NYSE:ACN) is one of the cheap stocks to buy for the next 10 years. On May 7, Accenture and the WTA announced a multi-year partnership designating Accenture as the Official Business and Technology Consulting Partner of the tour. The collaboration aims to modernize the WTA’s digital ecosystem using AI and data-driven insights to enhance the player experience.
A primary focus will be on the transformation of the “WTA Player Zone,” the central digital hub for athletes, to streamline access to critical information and allow players to focus more effectively on their performance. This partnership reflects a broader ambition to strengthen the infrastructure of women’s tennis and support its global growth. By integrating advanced technology into the organization’s operations, the initiative seeks to create a foundation for future innovation that will eventually extend to fan engagement and live event experiences.
The agreement also includes joint storytelling and content development to highlight the momentum behind women’s professional sports. This collaboration joins other recent high-profile WTA milestones, including a long-term partnership with Mercedes-Benz and the record-setting prize money payout at the 2025 WTA Finals. Through this digital reinvention, the WTA and Accenture aim to unlock new value for players, fans, and commercial partners alike.
Accenture is a global professional services company specializing in strategy, consulting, technology, and digital transformation. The company provides services in cloud computing, AI, security, and operations, helping organizations modernize systems and drive innovation across industries.
5. T-Mobile US Inc. (NASDAQ:TMUS)
Number of Hedge Fund Holders: 76
T-Mobile US Inc. (NASDAQ:TMUS) is one of the cheap stocks to buy for the next 10 years. On May 7, T-Mobile Prepaid has introduced the “US Pass eSIM,” a new suite of short-term plans designed for international travelers visiting the United States. Launching May 18, these digital-first plans eliminate paperwork, allowing visitors to activate service on their devices in minutes. The passes offer flexible durations ranging from 7 to 30 days, with prices starting at $25.
Each plan provides unlimited talk and text across the US, Mexico, and Canada, alongside 50 GB of premium 5G data. Travelers also receive significant high-speed mobile hotspot allocations (up to 50 GB on the month-long plan) and 5 GB of high-speed data for use while in Mexico or Canada. The offering is positioned to provide seamless cross-border connectivity for summer tourists and attendees of major global events.
Beyond basic connectivity, the US Pass eSIM includes access to T-Mobile Tuesdays, offering weekly perks, dining rewards, and rental car discounts. By combining transparent pricing with high-speed data and hotspot capabilities, T-Mobile US Inc. aims to provide a reliable and comprehensive mobile solution for the millions of international visitors entering North America annually.
T-Mobile US Inc. is a telecom services company that offers wireless communications services, such as voice, messaging, and data, to postpaid, prepaid, and wholesale customers. The company also deals in wireless devices.
4. CVS Health Corp. (NYSE:CVS)
Number of Hedge Fund Holders: 88
CVS Health Corp. (NYSE:CVS) is one of the cheap stocks to buy for the next 10 years. On May 6, CVS Health Corporation reported Q1 2026 results, with total revenues increasing 6.2% year-over-year to $100.4 billion. The company achieved a GAAP diluted EPS of $2.30 and an Adjusted EPS of $2.57, up from $1.41 and $2.25, respectively, in the prior year. This growth was driven by improved operating income in the Health Care Benefits segment as the company continues to execute its margin recovery plan.
Based on this positive performance, CVS Health raised its full-year 2026 guidance across several key metrics. The projected Adjusted EPS range has been increased to $7.30–$7.50, and the company now expects cash flow from operations to reach at least $9.5 billion. These updates reflect improved outlooks for the Health Care Benefits and Pharmacy & Consumer Wellness segments, despite a cautious stance regarding potential macro headwinds and elevated cost trends.
The company emphasized its role as a provider of connected and convenient healthcare experiences for nearly 185 million people. CEO David Joyner highlighted that the quarter’s momentum was built on strong enterprise execution and a strategic focus on affordability and access. Moving forward, CVS Health Corp. intends to use its unique collection of businesses to simplify healthcare delivery at the community and individual levels.
CVS Health Corp. operates as a health solutions company. Its segments include Health Care Benefits, Health Services, Pharmacy & Consumer Wellness, and Corporate/Other.
3. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Fund Holders: 91
Adobe Inc. (NASDAQ:ADBE) is one of the cheap stocks to buy for the next 10 years. On April 20, Adobe expanded its partner ecosystem at Adobe Summit 2026, integrating its new agentic AI system, Adobe CX Enterprise, with major tech platforms including AWS, Google Cloud, Microsoft, and NVIDIA. This expansion enables businesses to deploy AI-driven, automated workflows (such as the Adobe CX Enterprise Coworker) directly within the tools teams use daily, simplifying the management of the entire customer lifecycle.
To enhance end-to-end customer experiences, Adobe is also partnering with specialized providers like PayPal and Stripe for payments, and SAP and Genesys for data and workflow integration. These collaborations ensure that AI agents can act with precision across different surfaces, allowing marketing and creative teams to automate repetitive tasks and surface actionable insights while maintaining strict brand governance.
Global agencies like WPP and Publicis, along with system integrators such as Accenture and Deloitte Digital, are standardizing on these agentic capabilities to build industry-specific solutions. By combining Adobe Inc.’s (NASDAQ:ADBE) AI intelligence with their own expertise, these partners aim to help enterprises modernize their digital infrastructure and achieve faster business outcomes through personalized customer engagement at scale.
Adobe Inc. provides multimedia and digital marketing software such as Photoshop, Illustrator, and InDesign, among others. It also offers AI products such as Adobe Firefly and Adobe Sensei.
2. Salesforce Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 115
Salesforce Inc. (NYSE:CRM) is one of the cheap stocks to buy for the next 10 years. On April 28, Salesforce and Moderna announced a new partnership to unify the biotech company’s global commercial operations through Agentforce Life Sciences. This collaboration aims to create a single, connected platform that integrates data from sources like SAP and e-commerce to provide a 360-degree view of healthcare provider interactions. The initiative is designed to streamline field services and customer engagement across multiple regions.
The platform uses AI and automation to deliver “next best actions” and automated cycle planning, empowering Moderna’s global teams with real-time insights. By consolidating regional systems and incorporating IQVIA OneKey reference data, the system ensures a secure and trusted source of truth for commercial activities. This allows for more personalized, data-driven marketing campaigns and improved customer service at scale.
Built on an open ecosystem, the architecture connects medical, commercial, and patient service operations without vendor lock-in. This unified approach supports Moderna’s rapid global expansion and helps modernize its infrastructure. Ultimately, the partnership focuses on using intelligent recommendations and a cohesive digital foundation to drive meaningful engagement and operational excellence in the life sciences sector.
Salesforce Inc. is a global enterprise software company that provides CRM and cloud-based business applications across sales, service, marketing, commerce, and data analytics. Its Customer 360 platform, powered by data tools and trusted AI, enables organizations to unify customer data and drive personalized engagement.
1. Micron Technology Inc. (NASDAQ:MU)
Number of Hedge Fund Holders: 137
Micron Technology Inc. (NASDAQ:MU) is one of the cheap stocks to buy for the next 10 years. On May 12, Micron announced the sampling of its 256GB DDR5 RDIMM server modules, built on the company’s advanced 1-gamma DRAM technology. These modules achieve speeds up to 9,200 MT/s, representing a 40% performance increase over current high-volume production units. By using 3D stacking and through-silicon via/TSV packaging, the high-capacity solution is designed to meet the intensive memory and bandwidth demands of next-generation AI and HPC systems.
The new modules significantly improve data center efficiency, with a single 256GB unit reducing operating power by more than 40% compared to using two 128GB modules. This power efficiency is critical for hyperscale operators and server architects working within the strict thermal and power constraints of modern infrastructure. The increased capacity per socket directly supports the scaling of LLMs, agentic AI, and real-time inference workloads.
Micron Technology Inc. is currently collaborating with key ecosystem partners to validate the 256GB RDIMM across existing and upcoming server platforms. This co-validation process is intended to ensure broad compatibility and accelerate the deployment of these modules in enterprise environments. By bridging the gap between high-core-count CPU requirements and memory limitations, Micron aims to redefine performance standards for the data economy.
Micron Technology Inc. provides memory and storage solutions sold into client, cloud server, enterprise, graphics, networking, smartphone, mobile-device, automotive, industrial, and consumer markets, among others.
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