10 Cheap US Stocks to Buy According to Analysts

8. Kyndryl Holdings Inc. (NYSE:KD)

Forward P/E Ratio as of November 18: 10.74

Number of Hedge Fund Holders: 36

Average Upside Potential as of November 18: 58.76%

Kyndryl Holdings Inc. (NYSE:KD) is one of the cheap US stocks to buy according to analysts. On November 18, Kyndryl announced the expansion of its collaboration with Dow (NYSE:DOW), which is a global leader in materials science. The expanded agreement focuses on modernizing Dow’s infrastructure applications by using AI and automation to enhance operational agility and accelerate innovation across Dow’s technology stack.

The collaboration builds on a relationship that has spanned ~2 decades, during which Kyndryl has enabled Dow to modernize and enhance operational efficiency across its global operations. Kyndryl also manages and provides Kyndryl Consult services for Dow’s IT infrastructure, including cloud, network, digital workplace, and security and resiliency services.

The new phase, however, specifically focuses on application modernization. Enterprise Applications & Technology IT Director at Dow, Chris Koniecny, noted that partnering with Kyndryl modernizes Dow’s application landscape and infuses AI and automation, which is a step forward in Dow’s digital transformation journey.

Kyndryl Holdings Inc. (NYSE:KD) operates as a technology services company and IT infrastructure services provider in the US, Japan, and internationally.