In this article, we will look at the 11 Best Stocks Under $10 to Buy Right Now.
On August 19, Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, appeared on CNBC’s ‘Power Lunch’ to talk about what might be coming for equity markets and much more.
He stated that it is unclear and unlikely for investors to get a big, fat pitch like the one in April, which marked the ultimate end of a “pretty significant bear market.”
The present, however, marks the beginning of a new bull market, in which the market is only four months in. He added that pullbacks are likely to be shallower than what people want, which is a classic sign of a new bull market that does not let anyone in.
READ NEXT: 10 Best Stocks to Invest in For the Long Term and 12 Most Promising Future Stocks According to Wall Street Analysts.
Talking about whether the S&P 500 has room to run, Wilson said that the firm expects a pullback between now and the end of October before bouncing back to 6500. He added that they are now leaning toward their bull case of 7200 by the end of May 2026.
His main message was that a “new” bull market began in April 2025, and we are “buyers of dips on that premise.”
With these trends in view, let’s look at the best stocks under $10 to buy right now.
A portfolio manager holding a laptop and looking over a stock market ticker.
Our Methodology
We used stock screeners to compile an initial list of top stocks with a stock price under $10 and selected the top 11 stocks with the highest number of hedge fund holders as of Q1 2025, sourcing the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund sentiment.
Note: All data was recorded on August 20.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11 Best Stocks Under $10 to Buy Right Now
11. Mizuho Financial Group, Inc. (NYSE:MFG)
Stock Price: $6.47
Number of Hedge Fund Holders: 11
Mizuho Financial Group, Inc. (NYSE:MFG) is one of the best stocks under $10 to buy right now. On August 19, J.P. Morgan analyst Takahiro Yano maintained a Buy rating on Mizuho Financial Group, Inc. (NYSE:MFG) and set a price target of Yen6,070.00.
Mizuho Financial Group, Inc. (NYSE:MFG) reported its fiscal Q1 2025 results on July 31, affirming underlying growth.
Adjusted earnings for the quarter reached J¥115.91 per share, up from an EPS of ¥114.14 reported in the same quarter last year. Earnings also topped consensus estimates of ¥98.33 per share.
Mizuho Financial Group, Inc. (NYSE:MFG) provides financial services such as trust banking, banking, securities, and others. Its operations are divided into the following segments: Mizuho Bank Ltd. (MHKB), Mizuho Trust & Banking Co., Ltd. (MHTB), and Mizuho Securities Co., Ltd. (MHSC).
10. Ecopetrol S.A. (NYSE:EC)
Stock Price: $8.90
Number of Hedge Fund Holders: 14
Ecopetrol S.A. (NYSE:EC) is one of the best stocks under $10 to buy right now. On August 15, analyst Caio Ribeiro of Bank of America Securities maintained a Sell rating on Ecopetrol S.A. (NYSE:EC), with a price target of $7.00.
The analyst gave the rating due to several factors affecting Ecopetrol S.A.’s (NYSE:EC) performance, stating that although the upstream segment showed higher-than-expected results, the downstream and energy transmission & toll roads segments underperformed, which resulted in an overall drop in EBITDA.
Ecopetrol S.A.’s (NYSE:EC) EBIDTA for fiscal Q2 2025 dropped both year-over-year and quarter-over-quarter, failing to meet consensus estimates.
The analyst added that other factors that add to the negative outlook include lower production estimates, difficulties in replenishing reserves, and a challenging macroeconomic environment for the oil and gas industry in Colombia.
Other factors posing considerable hurdles for Ecopetrol S.A. (NYSE:EC), according to the analyst, include lower cash generation and higher lifting costs.
Ecopetrol S.A. (NYSE:EC) explores, develops, and produces crude oil and natural gas. Its operations are divided into the following segments: Exploration and Production, Transportation and Logistics, and Refining and Petrochemicals.
9. Banco Santander, S.A. (NYSE:SAN)
Stock Price: $9.53
Number of Hedge Fund Holders: 18
Banco Santander, S.A. (NYSE:SAN) is one of the best stocks under $10 to buy right now. On August 11, RBC Capital raised the firm’s price target on Banco Santander, S.A. (NYSE:SAN) to EUR 7.50 from EUR 7, keeping a Sector Perform rating on the shares.
Meanwhile, Deutsche Bank lifted the firm’s price target on Banco Santander, S.A. (NYSE:SAN) to EUR 8.20 from EUR 7.50, keeping a Buy rating on the shares.
Ignacio Cerezo from UBS also maintained a Buy rating on Banco Santander, S.A. (NYSE:SAN) on August 4, setting a price target of €8.45.
Banco Santander (NYSE:SAN) is a Spain-based company that operates as a retail and commercial bank. Its segments are scattered across Continental Europe, the United Kingdom, Latin America, and the United States.
8. Wipro Limited (NYSE:WIT)
Stock Price: $2.81
Number of Hedge Fund Holders: 19
Wipro Limited (NYSE:WIT) is one of the best stocks under $10 to buy right now. Citi analyst Surendra Goyal maintained a Sell rating on Wipro Limited (NYSE:WIT) on August 20, setting a price target of INR225.00.
Wipro Limited (NYSE:WIT) announced the financial results for the quarter ended June 30 on July 17, reporting a gross revenue of ₹221.3 billion ($2.581.6 billion), down 1.6% quarter-over-quarter and up 0.8% year-over-year.
Total bookings for the quarter were at $4.971 billion, up 24.1% quarter-over-quarter and 50.7% year-over-year in constant currency.
Management also reported that net income reached ₹33.3 billion ($388.4 million), down 6.7% quarter-over-quarter and up 10.9% year-over-year. Earnings per share for the quarter also decreased 6.7% quarter-over-quarter to ₹3.2.
Wipro Limited (NYSE:WIT) is a global information technology, outsourcing, and consulting company that develops and integrates solutions. Its operations are divided into the following segments: Information Technology Services, India State Run Enterprise Services, and Information Technology Products.
7. Ambev S.A. (NYSE:ABEV)
Stock Price: $2.19
Number of Hedge Fund Holders: 21
Ambev S.A. (NYSE:ABEV) is one of the best stocks under $10 to buy right now. On August 20, UBS analyst Rodrigo Alcantara lowered the firm’s price target on Ambev S.A. (NYSE:ABEV) to $2.20 from $2.50, keeping a Neutral rating on the shares.
The rating update followed Ambev S.A.’s (NYSE:ABEV) fiscal Q2 2025 results on July 31, with net revenue (organic) growth of 3.4% and top-line performance driven by net revenue per hectoliter (NR/hl) growth of 8.4%.
Management reported that normalized profit for the quarter rose 15.2% to R$2.8327 billion compared to R$2.4591 billion in fiscal Q2 2024. This growth was attributed to lower income tax expenses and EBITDA growth, particularly offset by higher net financial results.
Normalized EBITDA (organic) also grew by 7.6% with all of the company’s reporting segments delivering EBITDA growth.
Ambev S.A. (NYSE:ABEV) produces, distributes, and sells beverages. Its offerings include carbonated soft drinks, beer, and other non-alcoholic and non-carbonated products.
The company’s operations are divided into the following geographical segments: Brazil, Central America and the Caribbean (CAC), and Canada.
6. Haleon plc (NYSE:HLN)
Stock Price: $9.93
Number of Hedge Fund Holders: 22
Haleon plc (NYSE:HLN) is one of the best stocks under $10 to buy right now. On August 12, Berenberg analyst Bethan Davies lowered the firm’s price target on Haleon plc (NYSE:HLN) to 500 GBp from 503 GBp, keeping a Buy rating on the shares.
Haleon plc (NYSE:HLN) reported unaudited results for H1 2025 on June 30, reporting notable growth in EMEA & LatAm and Asia-Pacific, while showing continued outperformance in Oral Health.
The company also reported that 58% of businesses gained or maintained market share, suggesting the resilience of its brand portfolio. Free cash flow for the first half of the year reached £734 million, up £184 million year-on-year, primarily due to progress on working capital initiatives.
Management reported organic revenue growth across EMEA & LatAm (+5.2%) and Asia-Pacific (+5.0%), partially offsetting a 0.4% decline in North America. The trends reflected a weak US consumer and retail environment.
Haleon plc (NYSE:HLN) provides personal healthcare products, with a focus on consumer healthcare. The company’s operations are divided into the following geographical segments: North America, EMEA and LatAm, and Asia Pacific.
5. Stellantis N.V. (NYSE:STLA)
Stock Price: $9.85
Number of Hedge Fund Holders: 27
Stellantis N.V. (NYSE:STLA) is one of the best stocks under $10 to buy right now. On August 20, Bernstein analyst Daniel Roeska maintained a Hold rating on Stellantis N.V. (NYSE:STLA) and set a price target of €8.00.
Stellantis N.V. (NYSE:STLA) reported financial results for the first half of 2025 on July 29, with net revenues of €74.3 billion, down 13% compared to H1 2024. The drop was primarily driven by year-over-year declines in North America and Enlarged Europe, partially offset by growth in South America.
The company also reported a net loss of €2.3 billion, which includes €3.3 billion of net charges excluded from adjusted operating income, down compared to the first half of 2024. Stellantis N.V. (NYSE:STLA) also reported net profit of €5.6 billion.
Stellantis N.V. (NYSE:STLA) designs, manufactures, distributes, and sells vehicles. The company offers products under various brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall.
4. Nokia Oyj (NYSE:NOK)
Stock Price: $4.24
Number of Hedge Fund Holders: 29
Nokia Oyj (NYSE:NOK) is one of the best stocks under $10 to buy right now. Northland Securities analyst Tim Savageaux reiterated a Buy rating on Nokia Oyj (NYSE:NOK) on August 7, setting a price target of $6.50.
On the other hand, JPMorgan lowered the firm’s price target on Nokia Oyj (NYSE:NOK) to EUR 5.15 from EUR 5.60 on July 29, keeping an Overweight rating on the shares.
The stock’s median price target of $4.25 implies an upside of 21.77% from current levels.
Nokia Oyj (NYSE:NOK) provides network infrastructure, software, and technology services. Its operations are divided into the following segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies.
3. Vale S.A. (NYSE:VALE)
Stock Price: $9.72
Number of Hedge Fund Holders: 37
Vale S.A. (NYSE:VALE) is one of the best stocks under $10 to buy right now. On August 14, Bernstein analyst Bob Brackett maintained a Hold rating on Vale S.A. (NYSE:VALE) and set a price target of $11.50.
The analyst gave the rating after Vale S.A. (NYSE:VALE) reported its Q2 results on July 31, reporting operational and cost performance improvement across all business segments, with all guidance on track.
Management reported that pro forma EBITDA totaled $3.4 billion, 7% higher quarter-over-quarter and 14% lower year-over-year. Solid performance by copper and nickel segments and lower C1 cash cost in iron ore partly offset the effect of weaker commodity prices.
The company also reported that copper and nickel sales rose 17% (12.9 kt) and 21% (7.0 kt) year-over-year, respectively, while iron ore shipments declined 3% (2.4 Mt) year-over-year. The trends reflect the ongoing portfolio optimization strategy by Vale S.A. (NYSE:VALE).
Vale S.A. (NYSE:VALE) produces and exports pellets, iron ore, manganese, and iron alloys. Its operations are divided into the Energy Transition Materials, Iron Solutions, and Coal and Others segments.
2. Amcor plc (NYSE:AMCR)
Stock Price: $8.57
Number of Hedge Fund Holders: 40
Amcor plc (NYSE:AMCR) is one of the best stocks under $10 to buy right now. On August 18, Citi analyst Anthony Pettinari maintained a Buy rating on Amcor plc (NYSE:AMCR) and set a price target of A$15.00.
Amcor plc (NYSE:AMCR) reported its fiscal Q4 2025 results on August 14, ending the quarter with the all-stock acquisition of Berry Global Group, Inc., which closed on April 30.
Adjusted EBITDA for the quarter reached $789 million, up 43%, while adjusted EBIT reached $611 million, up 34%, excluding currency impact. The company also reported $5.082 billion in net sales, up 43%, excluding currency impact.
Amcor plc (NYSE:AMCR) is a holding company that provides consumer packaging services. Its operations are divided into the Flexibles and Rigid Packaging segments.
The Flexibles segment manages the development and supply of flexible packaging, while the Rigid Plastics segment manufactures rigid plastic containers and other products for global supply.
1. Grab Holdings Limited (NASDAQ:GRAB)
Stock Price: $5.00
Number of Hedge Fund Holders: 56
Grab Holdings Limited (NASDAQ:GRAB) is one of the best stocks under $10 to buy right now. On August 15, Grab Holdings Limited (NASDAQ:GRAB) announced a strategic equity investment in WeRide.
The investment marks a significant part of a strategic partnership between the two companies to expedite the commercialization and deployment of Level 4 Robotaxis and shuttles in Southeast Asia.
Management also stated that the investment reflects a shared vision to integrate WeRide’s autonomous vehicles (AVs) into Grab Holdings Limited’s (NASDAQ:GRAB) network to boost service and safety levels.
Grab Holdings Limited’s (NASDAQ:GRAB) investment is anticipated to be completed by H1 2026, supporting WeRide’s growth strategy for the expansion of its commercial AV fleet in Southeast Asia and the advancement of AI-driven mobility.
Grab Holdings Limited (NASDAQ:GRAB) provides millions of consumers access to its merchant and driver partners for food delivery, ride or taxi hailing, package delivery, payment for online purchases, and services such as telemedicine, lending, and insurance through its application.
The company’s operations across mobility, deliveries, and digital financial services span eight Southeast Asian countries.
While we acknowledge the potential of GRAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GRAB and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
