10 Most Undervalued Stocks to Buy for Under $5

7. Clarivate Plc (NYSE:CLVT)

Share Price (June 12): $4.29

Forward P/E (June 12): 6.78

Clarivate Plc (NYSE:CLVT) is a leading global provider of transformative intelligence. It is among the most undervalued stocks to buy for under $5.

On June 9, the company announced a significant milestone in its decade-long partnership with the American Library Association (ALA) by becoming the first sponsor of the ALA Public Supporter Program to engage communities to support libraries and library professionals.

The program launched in February this year provides valuable information and resources to the public related to library advocacy, news, and the protection of libraries. Bar Veinstein, President Academia & Government at Clarivate Plc (NYSE:CLVT) had the following to say on the recent partnership:

“Libraries have always been a cornerstone of education, research, and access to information. We are proud to stand and partner with the American Library Association as leading library advocates in the U.S., providing them with the resources and support they need to continue their vital work.”

Earlier in the month, Clarivate Plc (NYSE:CLVT) announced a multi-year agreement with the Canadian Research Knowledge Network (CRKN) to advance the country’s research goals. The company has also renewed its partnership with CAPES to power research and innovation in Brazil.