In this article, we will be taking a look at the 10 Cheap Stocks to Buy Now for Long Term.
The U.S. equity markets are still shaped by optimism despite growing investor concern brought on by the conflict in Iran. The geopolitical shock has raised concerns about potential price increases and weaker economic growth. The U.S. Federal Reserve’s decision to maintain unchanged interest rates, however, suggests that policymakers should be cautious when assessing the escalating economic concerns.
Among these concerns, Bank of America strategists have warned that stagflation is becoming more likely if growth slows. Strategists believe small-cap firms might be unanticipated winners, even though markets would not desire stagflation. This view is in line with the ongoing move away from the large-cap tech companies that used to drive markets to record highs.
Market volatility is already increasing as investors reorganize their portfolios after years of high earnings. As the CBOE Volatility Index (VIX) has surpassed 20, investor anxiety and uncertainty have become more noticeable. Even though the S&P 500 has dropped by almost 4% over the last month, some stocks are still performing better. Value has typically outperformed Growth, but “high quality stocks” and businesses that return cash to shareholders have historically performed well during rising VIX, according to Jill Carey Hall, equity and quantitative strategist at Bank of America Securities. Quality, Cash Return, and Momentum might continue to be the best-performing styles if the oil shock proves persistent and stagflation risks increase, she continued.
The S&P 500 might drop as low as 6,300 by early April 2026, according to Morgan Stanley’s Mike Wilson, who told CNBC Television on March 16. However, he anticipates that markets will rebound following yet another challenging month. The S&P 493 was up 3%, and the MAG7 was down 7%, according to Ryan Detrick of Carson Group, who earlier on February 19 highlighted robust results, record profit margins, and wide market rotation.
With that in mind, let’s now take a look at the cheap stocks to buy.
Our Methodology
For our methodology, we screened for stocks with a forward P/E below 15 and EPS growth above 20%. From this list, we prioritized stocks with the most recent news and developments, then ranked them based on their P/E ratios.
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).
Here is our list of the 10 cheap stocks to buy now for the long term.
10. Super Micro Computer, Inc. (NASDAQ:SMCI)
Forward PE Ratio: 9.76
Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the cheap stocks to buy on this list.
TheFly reported on March 25 that Rosenblatt Securities reduced the price target for SMCI from $50 to $32 while keeping a Buy rating. The firm noted that recent controversy involving board member Yih-Shyan Liam and a U.S. Attorney’s indictment for alleged export-control violations overshadowed a major product announcement. Despite this, the company’s technology remains among the industry’s leading solutions, and its order backlog is solid. Rosenblatt does not anticipate adjustments to estimates stemming from the employee indictments but expects the stock to face near-term pressure until the investigation concludes.
Separately, on March 18, Super Micro Computer, Inc. expanded its accelerated computing offerings to include support for NVIDIA RTX PRO 4500 Blackwell Server Edition GPUs and the NVIDIA Vera CPU. These additions enhance enterprise and edge deployments by providing high-density, power-efficient acceleration for AI, graphics, and data-intensive workloads. SMCI’s modular and certified systems allow seamless integration into existing data centers without major changes to rack, power, or cooling setups.
The new solutions support a variety of applications, including AI inference, LLM fine-tuning, virtualization, media processing, and next-generation agentic AI, enabling enterprises to achieve faster, more efficient compute performance across diverse deployment environments.
Super Micro Computer, Inc. is a global technology company that designs and manufactures high‑performance server, storage, and networking solutions optimized for data centers, cloud, AI, and enterprise computing.
9. Marex Group plc (NASDAQ:MRX)
Forward PE Ratio: 9.28
Marex Group plc (NASDAQ:MRX) is among the best cheap stocks to invest in.
TheFly reported on March 27 that TD Cowen raised its price target for MRX to $66 from $61 while keeping a Buy rating on the shares. The firm noted that updates following its recent investor day are expected to support the company’s P/E multiple, which it views as undervalued both on an absolute and relative basis.
Separately, on March 26, Marex Group plc (NASDAQ:MRX) provided a Q1 2026 trading update, projecting adjusted profit before tax between $140 million and $150 million. The company expects first-quarter results to reflect a 45–55% increase over Q1 2025, surpassing the record set in Q4 2025.
The quarter experienced high volatility, presenting both challenges and opportunities, which MRX highlighted as a demonstration of its resilient business model. Client clearing balances averaged approximately $16 billion during the period, supported by higher exchange margin requirements and new client acquisitions. The company emphasized that these results underscore the strength of its operations and the capacity to navigate dynamic market conditions while capitalizing on growth opportunities in its trading and clearing business.
Marex Group plc (NASDAQ:MRX) is a diversified global financial services firm providing liquidity, market access, broking, clearing, hedging, and execution services across energy, commodities, and financial markets worldwide. Its platform serves institutional clients and investors with technology‑driven trading and risk solutions.
8. Pilgrim’s Pride Corporation (NASDAQ:PPC)
Forward PE Ratio: 8.73
Pilgrim’s Pride Corporation is one of the cheap stocks to buy now for the long term.
TheFly reported on March 25 that BMO Capital adjusted its price target on PPC to $40 from $42 while maintaining a Market Perform rating. The update reflects revisions to the firm’s Agribusiness & Protein commodities models, incorporating changes in feedstock costs, elevated energy expenses, and a rebound in U.S. beef margins in March following weaker levels in February. These adjustments were detailed in the firm’s broader research note, which highlights the evolving cost environment and margin recovery within the poultry and protein sectors.
Separately, on March 30, Pilgrim’s Pride Corporation initiated a cash tender offer for up to $250 million in principal of its 6.250% Senior Notes due 2033. The offer allows holders to submit Notes for early or late acceptance, with total consideration calculated based on a fixed spread plus accrued interest. Notes tendered before the Early Tender Date of April 10, 2026, are eligible for additional early tender payments. The tender will expire on April 27, 2026, unless extended. Participation is subject to conditions outlined in the Offer to Purchase, and the company may increase or decrease the maximum tender amount at its discretion. Funding will come from available cash.
Pilgrim’s Pride Corporation is a leading U.S. poultry producer, processing, marketing, and distributing chicken and turkey products to retail, foodservice, and international customers.
7. SLR Investment Corp. (NASDAQ:SLRC)
Forward PE Ratio: 8.65
SLR Investment Corp. (NASDAQ:SLRC) is among the cheap stocks to buy.
TheFly reported on March 27 that Keefe, Bruyette & Woods adjusted its price target on SLRC down to $15 from $16.50 while maintaining a Market Perform rating. The update followed a review of the company’s Q4 results, which the analyst described as a very stable quarter, reflecting consistent performance and minimal volatility in operations according to the firm’s updated financial model.
SLR Investment Corp. released its financial results for Q4 and full-year 2025, reporting net investment income of $21.6 million, or $0.40 per share, for the fourth quarter. The Board declared a quarterly distribution of $0.41 per share, payable March 27, 2026, to shareholders of record on March 13. As of December 31, 2025, net asset value reached $18.26 per share, reflecting modest growth from the prior quarter and year.
The fourth-quarter performance generated a 10.1% return on equity, underpinned by a diversified private credit portfolio, disciplined investment strategy, and a shift toward direct asset-based lending. For the full year, net investment income totaled $86.9 million, with a strong portfolio positioned for continued activity and opportunistic investments in 2026.
SLR Investment Corp. is a publicly traded business development company that provides credit and structured investment solutions, primarily senior secured loans and other financing, to U.S. middle‑market companies, aiming to generate income and dividends for shareholders.
6. Eldorado Gold Corporation (NYSE:EGO)
Forward PE Ratio: 7.42
Eldorado Gold Corporation (NYSE:EGO) is among the cheap stocks to buy.
TheFly reported on March 25 that EGO announced a strategic collaboration with G Mining Services through a Memorandum of Understanding, forming an engineering and construction alliance. G Mining will support Eldorado’s project execution across its portfolio by providing services such as early project definition, engineering assistance, constructability assessments, and planning. The partnership aims to improve project readiness, delivery reliability, and capital efficiency for current and future initiatives, including Perama Hill, the Lamaque Complex, and Sigma Mill expansion, Skouries with mill start-up and underground support, Olympias with mill filtration upgrades, and McIlvenna Bay with throughput enhancement, value optimization, and materials handling improvements.
Earlier on March 16, Eldorado Gold Corporation secured an Operating Authorization from Quebec’s Ministry of the Environment, enabling mining at the Ormaque deposit within the Lamaque Complex in Val-d’Or. This approval allows high-grade underground ore to be processed at the Sigma Mill, leveraging existing infrastructure such as the Triangle-Sigma decline. Ormaque adds production flexibility by supplementing ore from the Triangle deposit and builds on prior underground development investments. The authorization advances a discovery reported in 2020, supports ongoing drilling, strengthens Lamaque as a key asset, sustains current jobs, creates new employment, and delivers long-term economic benefits to the Val-d’Or region.
Eldorado Gold Corporation is a Canadian gold mining company engaged in exploration, development, and production of gold and other precious metals across operations in Turkey, Greece, Romania, and Canada.
5. Coeur Mining, Inc. (NYSE:CDE)
Forward PE Ratio: 7.22
Coeur Mining, Inc. (NYSE:CDE) is another cheap stock to buy on this list.
TheFly reported on March 25 that Roth Capital adjusted its price target for CDE to $24 from $29 while retaining a Buy rating. The update reflects recent declines in gold and silver prices, with the revised cost guidance negatively influencing the firm’s valuation model.
Earlier on March 20, Coeur Mining, Inc. announced it had finalized the acquisition of New Gold Inc. through the previously disclosed agreement from November 3, 2025. In the transaction, New Gold shareholders received 0.4959 shares of CDE common stock for each New Gold share, resulting in the issuance of approximately 392.7 million new CDE shares and a total post-transaction share count of about 1.03 billion. CDE’s stock began trading on the Toronto Stock Exchange under the ticker “CDE” on March 16, 2026.
The company plans to release further details on the anticipated benefits of the acquisition on March 23, including consolidated guidance for 2026, year-end 2025 reserve and resource updates for New Afton and Rainy River, and updates on capital return priorities. BMO Capital Markets and RBC Capital Markets served as financial advisors, with Goodmans LLP and Gibson, Dunn & Crutcher LLP providing legal counsel.
Coeur Mining, Inc. is a U.S.–based precious metals mining company engaged in the exploration, development, and production of gold and silver across multiple operating mines in the Americas.
4. The AES Corporation (NYSE:AES)
Forward PE Ratio: 6.11
The AES Corporation (NYSE:AES) is one of the best cheap stocks to invest in.
TheFly reported on March 26 that Argus lowered its rating on The AES Corporation from Buy to Hold.
Separately, earlier on March 19, The AES Corporation announced that it had obtained the necessary consents from holders of its 5.800% Senior Notes due 2032 to approve amendments to the notes’ governing indenture. These amendments were part of a consent solicitation process linked to the company’s pending merger, which will activate the changes and trigger the related consent fee upon closing.
Concurrently, AES extended and revised consent solicitations for its 5.450% Senior Notes due 2028, 3.950% Senior Notes due 2030, and 2.450% Senior Notes due 2031, adjusting the consent fees and removing previously proposed amendments except for the change-of-control waivers related to the merger. Eligible noteholders who deliver valid consents before the deadlines will receive a variable consent fee per $1,000 of principal, ranging approximately from $2.50 to $5.00, depending on participation.
These actions are designed to align the notes’ terms with the merger structure and ensure proper execution of related financial commitments. Goldman Sachs & Co. LLC and Citigroup Global Markets are acting as solicitation agents, while Global Bondholder Services Corporation serves as the information and tabulation agent for the process. The merger is expected to close in late 2026 or early 2027.
The AES Corporation is a global energy company generating and distributing electricity, with a growing focus on renewable power, energy storage, and decarbonization solutions to support sustainable, reliable energy systems worldwide.
3. Star Bulk Carriers Corp. (NASDAQ:SBLK)
Forward PE Ratio: 5.40
Star Bulk Carriers Corp. (NASDAQ:SBLK) is among the cheap stocks to invest in.
TheFly reported on March 20 that Deutsche Bank increased its price target for SBLK from $27 to $30 while retaining a Buy rating on the stock, following an updated review of the company’s performance after its fourth-quarter report.
Separately, earlier on March 6, Star Bulk Carriers Corp. announced it entered a conditional Sale and Purchase Agreement to acquire sixteen vessels from Diana Shipping Inc., contingent on Diana completing its acquisition of all outstanding Genco Shipping & Trading Ltd. shares. The transaction’s total cash consideration is $470.5 million and is subject to the successful completion of the Diana-Genco agreement and standard sale and purchase conditions.
The fleet being acquired includes one Newcastlemax, six Capesize, seven Ultramax, and two Supramax vessels, totaling 1.8 million dwt with an average age of 11.4 years. If finalized, Star Bulk’s fleet would expand to 157 ships, with 15.9 million dwt and an average age of 12 years. Funding for the acquisition will combine existing cash, proceeds from prior vessel sales, and new debt facilities. The deal is expected to enhance earnings, cash flow, and shareholder returns while maintaining balance sheet strength.
Star Bulk Carriers Corp. is a global shipping company that owns and operates a diversified fleet of dry bulk vessels, transporting commodities worldwide for industrial and trading customers.
2. Global Payments Inc. (NYSE:GPN)
Forward PE Ratio: 4.77
Global Payments Inc. (NYSE:GPN) is among the best cheap stocks to buy.
TheFly reported on March 26 that Mizuho reduced its price target on GPN to $110 from $125 while maintaining an Outperform rating, after revising its valuation model to account for lower market multiples.
Separately, on March 10, Global Payments Inc. announced that its Link2Gov unit had been chosen by the Internal Revenue Service as a preferred digital payments provider for the 2026 tax season. Through its Pay1040.com platform, taxpayers can make federal income tax payments using credit cards, debit cards, and other electronic payment methods, helping improve convenience, flexibility, and payment security.
The selection supports the federal government’s broader push to modernize payment systems following the March 2025 Executive Order encouraging agencies to transition toward fully electronic collections and disbursements. Link2Gov has served as an authorized IRS payment processor for more than 20 years and handled millions of tax-related transactions last year. The business remains an important part of GPN’s public-sector strategy, providing digital payment capabilities for federal, state, and local agencies while offering taxpayers and businesses around-the-clock access to pay taxes, fees, and bills across multiple channels.
Global Payments Inc. is a leading fintech company that provides payment processing, software, and commerce solutions to merchants, financial institutions, and businesses worldwide.
1. TaskUs, Inc. (NASDAQ:TASK)
Forward PE Ratio: 4.66
TaskUs, Inc. (NASDAQ:TASK) is one of the best cheap stocks to buy.
TheFly reported on March 23 that Wedbush cut its price target on TASK to $14 from $15 while reiterating an Outperform rating. The adjustment followed modest changes to the firm’s financial model and a slight reduction in one of the valuation multiples used in its sum-of-the-parts analysis.
Separately, on March 2, TaskUs, Inc. announced that its Board of Directors approved a special cash dividend of $3.65 per common share, with payment scheduled for around March 25, 2026. Because the dividend exceeded 25% of the company’s prevailing stock price, Nasdaq set the ex-dividend date for March 26, 2026, which is the first trading day after the payout date.
Starting on that date, TASK shares would trade without entitlement to the special dividend, and the share price would be adjusted to reflect the distribution. Under Nasdaq’s rules, since the ex-dividend date follows the payment date, the right to receive the dividend transfers from sellers of record-date shares to buyers who purchase the stock through the close of trading on March 25. The announcement clarified the mechanics of the distribution and the related trading treatment for shareholders ahead of the dividend payment.
TaskUs, Inc. is a digital outsourcing company that provides customer experience, trust and safety, and AI support services to technology-driven businesses worldwide.
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