US stocks dropped on Monday, May 5, after President Trump threatened new tariffs to bring back concerns about a trade war. This ended a historic run of gains for the stock market. The S&P 500 dropped about 0.6% to break its longest winning streak in over 20 years. The Dow Jones Industrial Average dropped nearly 0.3% to also report its first loss in the last 10 sessions. The tech-heavy Nasdaq fell almost 0.8%.
READ ALSO: 10 Most Profitable Cheap Stocks to Buy Now and 12 Best Stocks to Buy and Hold For 10 Years.
The US dollar also lost value as Wall Street started questioning whether recent confidence about a possible trade deal with China was misplaced. Previously, investors were optimistic because of indications that the US and China might start talks about tariffs. Chinese officials had shown interest in reopening trade talks with Washington. However, no talks are set to begin anytime soon.
Over the weekend, President Trump said that he has no plans to speak with China’s President Xi this week, even though he said he wants a “fair deal” with China. On Sunday, Trump took to social media and announced a new 100% tariff on movies produced outside the US. According to the President of the US, efforts to start the process would start right away, though he did not give many details about how it would work.
Looking ahead, Wall Street has shifted its focus to the Federal Reserve’s two-day policy meeting, which will start on Tuesday. It is expected that the Fed will keep interest rates the same for now, even though in recent weeks, President Trump has put pressure on its chair, Jerome Powell.
New tariff threats by President Trump and risks of a trade war with China are causing uncertainty in the market.
With this background in mind, let’s take a look at the 11 best stocks under $15 to buy according to hedge funds.
A close-up of a stock market ticker displaying the company’s stocks.
Our Methodology
To compile our list of the 11 best stocks under $15 to buy according to hedge funds, we used the Finviz stock screener. We sorted our results based on market capitalization and picked the top 40 stocks with a share price of under $15 as of May 2, 2025. Next, we focused on the top 11 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2024 database of more than 1,000 elite hedge funds. Finally, the 11 best stocks under $15 to buy were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.
Why do we care about what hedge funds do? 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 $15 to Buy According to Hedge Funds
11. Stellantis N.V. (NYSE:STLA)
Share Price: $9.59
Number of Hedge Fund Holders: 32
Stellantis N.V. (NYSE:STLA) is a leading global automaker with a portfolio of 14 iconic brands. Some of these brands are Alfa Romeo, Chrysler, Peugeot, Citroën, FIAT, Dodge, Jeep, Maserati, Ram, and Vauxhall. The company has operations in over 30 countries and serves customers in more than 130 markets around the world. Stellantis N.V. (NYSE:STLA) ranks among the best stocks under $15 to buy now.
The company reported its Q1 2025 results, achieving net revenues of €35.8 billion, which is a 14% decline year-over-year. Stellantis N.V. (NYSE:STLA) reported that shipments declined by 9% to 1,217 thousand units. The performance was affected by lower production in North America because of extended holiday downtime and changes in product lines. Despite these challenges, Stellantis N.V. (NYSE:STLA) focused on commercial recovery and launched three all-new vehicles in the first quarter of 2025. These include the Fiat Grande Panda, Opel/Vauxhall Frontera, and Citroën C3 Aircross. The company also updated several other models that were put on sale during the quarter. Additionally, Stellantis N.V. (NYSE:STLA) is focused on launching new battery electric vehicles (BEVs) as part of its Dare Forward 2030 plan. Across its 14 brands, the company plans to launch over 75 BEV models by 2030. In Q1 2025, Stellantis N.V. (NYSE:STLA) became the leader in the hybrid segment in Europe, where it also regained the second position in the BEV market with a market share of 13%.
10. Vale S.A. (NYSE:VALE)
Share Price: $9.37
Number of Hedge Fund Holders: 36
Vale S.A. (NYSE:VALE) is a Brazilian mining and metals company with a presence in over 20 countries. The company is the world’s largest producer of iron ore, pellets, and nickel. It also has operations in manganese, ferroalloys, copper, gold, silver, and cobalt. Vale S.A. (NYSE:VALE) is one of the best stocks under $15 to buy according to hedge funds.
The company is making progress on a number of its projects as it aims to expand its production capacity while also keeping costs low. In Q1 2025, Vale S.A. (NYSE:VALE) saw its iron ore sales increase by 4% year-on-year, reaching 66 million tons. However, the production was 4% lower as it was impacted by higher rainfall in the northern system. Sales and copper and nickel also increased by 7% and 18%, respectively. Vale S.A. (NYSE:VALE) is advancing three major iron ore growth projects. In 2025, the company expects to produce a combined 40 million tons of iron ore from Vargem Grande and Capanema, which began operations at the end of 2024. Both these projects are expected to reach full capacity in the first half of 2026. Vale S.A. (NYSE:VALE) also reported that its S11D plus 20 million ton expansion project achieved 73% of its physical progress by March and is scheduled to begin operations in the second half of 2026, delivering high-grade production at exceptionally low costs.
9. Kinross Gold Corporation (NYSE:KGC)
Share Price: $14.07
Number of Hedge Fund Holders: 39
Kinross Gold Corporation (NYSE:KGC) is a Canadian-based senior gold mining company. The company has a diverse portfolio of mines and projects in the US, Brazil, Mauritania, Chile, and Canada. Kinross Gold Corporation (NYSE:KGC) ranks among the best stocks under $15 to buy now.
On April 15, BMO Capital reinstated its coverage of Kinross Gold Corporation (NYSE:KGC) by assigning an “Outperform” rating and setting a price target of C$22. BMO’s analysis highlights the company’s portfolio as a stable and low-risk group of assets that stands out because of its cost-efficient core operations. The firm also noted Kinross Gold Corporation’s (NYSE:KGC) capacity to generate strong cash flow because of the company’s efficient execution. Additionally, BMO pointed out that Kinross Gold Corporation (NYSE:KGC) trades at a discount and offers an attractive free cash flow yield of 14% at current prices.
8. Cenovus Energy Inc. (NYSE:CVE)
Share Price: $12.04
Number of Hedge Fund Holders: 39
Cenovus Energy Inc. (NYSE:CVE) is a Canadian-based integrated energy company. It has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining, and marketing operations in Canada and the US. Cenovus Energy Inc. (NYSE:CVE) ranks among the best stocks under $15 to buy now.
The company is making strategic moves to grow and optimize its production through large-scale projects and upgrades with an aim to increase output and efficiency in the future. In Q4 2024, Cenovus Energy Inc. (NYSE:CVE) mechanically completed the Narrows Lake pipeline, which will connect the field to the Christina Lake processing facility. The company announced plans to begin steam injection in the spring and this project is on track to produce first oil by mid-2025. At the Sunrise site, Cenovus Energy Inc. (NYSE:CVE) continued to ramp up production in Q4 2024 after bringing 2 new well pads online in Q3 2024. The company plans to add one more pad in early 2025. Additionally, Cenovus Energy Inc. (NYSE:CVE) completed major work for the West White Rose project in Q4 2024. In 2025, the company’s focus for this project will be on the installation and commissioning of the platform. The West White Rose project is nearly 90% complete and is expected to produce its first oil in 2026.
7. Rivian Automotive, Inc. (NASDAQ:RIVN)
Share Price: $13.83
Number of Hedge Fund Holders: 40
Rivian Automotive, Inc. (NASDAQ:RIVN) is an American automotive manufacturer that designs and builds electric vehicles. The company also offers software and services that address the entire lifecycle of the vehicle. Rivian Automotive, Inc. (NASDAQ:RIVN) ranks among the best stocks under $15 to buy according to hedge funds.
The company offers the R1T electric pickup truck and the R1S electric SUV. Rivian Automotive, Inc. (NASDAQ:RIVN) is also making progress with its commercial van offering and opened sales for its commercial van to fleets of all sizes in the US in February 2025. The company has plans to launch its cheaper R2 SUV in the first half of 2026 and is set to make new additions to its lineup with the R3 and R3X SUVs in 2026 and 2027. Rivian Automotive, Inc. (NASDAQ:RIVN) is focused on expanding its EV production to reach a larger market by offering new models. The company plans to start production of R2 in its existing Normal, Illinois manufacturing facility but the company’s plans for its new plant in Georgia remain very important for its future plans. In January 2025, Rivian Automotive, Inc. (NASDAQ:RIVN) secured a loan of up to $6.6 billion from the US Department of Energy in financial support for the construction of its manufacturing facility in Georgia. Construction is set to start in 2026 and production of customer vehicles is expected to begin in 2028. The Georgia facility will have the capabilities to build both the R2 and the R3 vehicles.
6. CNH Industrial N.V. (NYSE:CNH)
Share Price: $12.40
Number of Hedge Fund Holders: 42
CNH Industrial N.V. (NYSE:CNH) is a leading equipment, technology, and services company that specializes in agricultural and construction equipment. The company operates through its brands like Case IH, New Holland, CASE, and New Holland Construction Equipment. It provides machinery and technology that helps improve efficiency and profitability for farmers and construction workers. CNH Industrial N.V. (NYSE:CNH) is one of the best stocks under $15 to buy now.
On April 16, Morgan Stanley analyst Angel Castillo reduced the price target on CNH Industrial N.V. (NYSE:CNH) from $16.50 to $15 but kept an “Overweight” rating. This change reflects the “dynamic macro backdrop,” with the firm lowering its expectations for the machinery and construction sectors in 2025. The firm has updated its analysis to take into account the possibility of a recession, tariff risks, and changing demand conditions. Morgan Stanley also made changes to stock ratings to better reflect its risk adjusted returns analysis and its perception of how the market is currently positioned. This adjustment gives investors a clearer view of CNH Industrial N.V.’s (NYSE:CNH) prospects amid ongoing economic and market challenges.
5. Snap Inc. (NYSE:SNAP)
Share Price: $8.45
Number of Hedge Fund Holders: 44
Snap Inc. (NYSE:SNAP) is an American technology and social media company that ranks among the best stocks under $15 to buy according to hedge funds. The company’s main products are Snapchat, a visual messaging app; Lens Studio, an augmented reality (AR) platform; and Spectacles, the company’s AR glasses.
On April 30, BMO Capital Markets reduced its price target on its outlook on Snap Inc. (NYSE:SNAP) from $16.00 to $13.00 but maintained an “Outperform” rating. The company decided not to provide revenue guidance for Q2 2025, citing limited visibility due to uncertain economic conditions. For Q1 2025, Snap Inc. (NYSE:SNAP) reported a quarter-over-quarter decline in daily active users (DAUs) in North America. Despite these issues, BMO Capital pointed out that the company had a 60% year-over-year increase in active advisers on the platform. This helped drive a 14% rise in direct response advertising revenue. This growth remained steady compared to Q4 2024 and was seen as strong given tougher year-over-year comparisons. BMO Capital also noted that Snap Inc. (NYSE:SNAP) is strategically focused on content creators, which is helping boost user engagement on the platform and could help reduce further declines in North American DAUs.
4. Ford Motor Company (NYSE:F)
Share Price: $10.28
Number of Hedge Fund Holders: 45
Ford Motor Company (NYSE:F) is an American multinational automotive corporation that designs and manufactures a wide range of vehicles, including cars, trucks, SUVs, and commercial vans. It offers vehicles with fully electric, hybrid, and traditional combustion engines. Ford Motor Company (NYSE:F) ranks among the best stocks under $15 to buy now.
The company achieved a record global revenue of $185 billion in 2024, which marked the fourth straight year of revenue growth. According to the company’s management, Ford Motor Company (NYSE:F) had the largest share of revenue in the United States. Through its Ford+ plan, the company is strategically focused on becoming a higher-growth, higher-margin, and more capital efficient company. The company is improving cost efficiency and product quality by hiring new talent, bringing in third-party experts, and using best practices to improve operations. These efforts helped Ford Motor Company (NYSE:F) achieve approximately $500 million in net cost reduction in the second half of 2024. Additionally, the company is integrating AI, data analytics, and new technologies to improve manufacturing efficiency and has already identified more than $1 billion in product design cost savings for 2025.
3. Grab Holdings Limited (NASDAQ:GRAB)
Share Price: $4.89
Number of Hedge Fund Holders: 57
Grab Holdings Limited (NASDAQ:GRAB) is a Singaporean multinational technology company operating across the delivery, mobility, and digital financial services sectors. It owns and operates a super app in Southeast Asia that allows users to order food or groceries, send packages, hail a ride or taxi, pay for online purchases, and access services such as lending and insurance. The company serves over 800 cities in 8 Southeast Asian countries. These include Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Grab Holdings Limited (NASDAQ:GRAB) ranks among the best stocks under $15 to invest in.
On April 16, JPMorgan analyst Ranjan Sharma reduced the price target on Grab Holdings Limited (NASDAQ:GRAB) from $5.60 to $5.30 but maintained an “Overweight” rating. Sharma cited the company’s potential to perform well even in the face of macroeconomic challenges as it has a relatively affluent user base supporting its business. Grab Holdings Limited (NASDAQ:GRAB) has 44 million Monthly Transacting Users (MTUs), which represents about 6% of the population. The analyst pointed out that the company is gaining market share and continuing to grow its Monthly Active Users (MAUs), while some competitors are seeing declines. The launch of more affordable products is expected to help Grab Holdings Limited (NASDAQ:GRAB) further drive customer and Gross Merchandise Value (GMV) growth. Additionally, Sharma highlighted the company’s Travel Pass as a competitive advantage that could help it capture more spending from travelers. However, the analyst noted that Grab Holdings Limited (NASDAQ:GRAB) is not immune to economic pressures and as a result, JPMorgan has slightly reduced its adjusted EBITDA forecast for the company by 3-4% for 2025 and 2026.
2. Warner Bros. Discovery, Inc. (NASDAQ:WBD)
Share Price: $8.54
Number of Hedge Fund Holders: 64
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a leading global media and entertainment company that offers a comprehensive portfolio of branded content across tv, film, streaming, and gaming in over 220 countries and territories around the world. The company owns a wide range of well-known brands like Warner Bros. film and television studios, Discovery Channel, Max, discovery+, CNN, TNT, Eurosport, HBO, TLC, Animal Planet, Science Channel, New Line Cinema, and Cartoon Network. Warner Bros. Discovery, Inc. (NASDAQ:WBD) is one of the best stocks under $15 to buy.
The company is strategically focused on expanding its global streaming business and enhancing profitability in its Direct-to-Consumer (DTC) segment. In 2024, Warner Bros. Discovery, Inc. (NASDAQ:WBD) launched Max as a global streaming service and this greatly enhanced the company’s content monetization capabilities. In 2024, the company launched Max in more than 70 countries and gained 19 million DTC subscribers. The DTC segment successfully grew its subscribers by 20% year-over-year and made significant profits. Over the last 2 years, Warner Bros. Discovery, Inc. (NASDAQ:WBD) improved its DTC Adjusted EBITDA performance by nearly $3 billion. In 2024, the company made nearly $700 million in DTC Adjusted EBITDA and aims to reach $1.3 billion in DTC Adjusted EBITDA by 2025. Strong DTC subscriber growth is expected to continue in 2025 and Warner Bros. Discovery, Inc. (NASDAQ:WBD) plans to have at least 150 million global subscribers by the end of 2026. The company has made deals to expand Max’s reach, including an agreement with Sky in the US and Ireland that could see Max reach about 10 million of their subscribers by Q2 2026. Additionally, Warner Bros. Discovery, Inc. (NASDAQ:WBD) has plans to launch Max in Italy and Germany in Q1 2026.
1. Nu Holdings Ltd. (NYSE:NU)
Share Price: $12.45
Number of Hedge Fund Holders: 79
Nu Holdings Ltd. (NYSE:NU) is a Brazilian financial technology company that provides a range of financial products and services. It operates one of the largest digital banking platforms in the world and serves more than 114 million customers in Brazil, Mexico, and Colombia. Nu Holdings Ltd. (NYSE:NU) is one of the best stocks under $15 to buy according to hedge funds.
On April 8, JPMorgan analyst Yuri Fernandes upgraded Nu Holdings Ltd. (NYSE:NU) from “Neutral” to “Overweight” but reduced the price target to $13 from the previous $14. Fernandes expects a challenging year in 2025 due to an anticipated slowdown in personal loans. However, the analyst believes that these challenges are already accounted for in the current stock price after the global market sell-off and the recent downturn presents an attractive opportunity for investors to buy Nu Holdings Ltd. (NYSE:NU). Notably, JPMorgan’s earnings estimates for Nu Holdings Ltd. (NYSE:NU) in 2025-2026 are 5-10% lower than the consensus estimates but Fernandes believes that the company is expected to grow its earnings by more than 30% over the next three years even with cautious estimates. This growth rate is hard to find elsewhere. Fernandes also praised Nu Holdings Ltd.’s (NYSE:NU) management and execution and noted that the company’s performance has exceeded JPMorgan’s original IPO expectations for 2024 earnings by five times. The analyst further highlighted the company’s strong cost advantages and the large market opportunity in Brazil’s retail banking sector.
Overall, NU ranks first among the 11 best stocks under $15 to buy according to hedge funds. While we acknowledge the potential of these stocks under $15, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NU but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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.
