In this piece, we discuss the 11 Best Very Cheap Stocks to Buy According to Billionaires.
The year 2026 has started off sharply. Investors are anxious as they face sharp rotations, geopolitical shocks, and rising uncertainty about growth and inflation. In such a dynamic macro environment, investors often run after stocks that offer value.
Last month, Reuters reported a new trend in which cheaper, smaller firms began diverting investor attention away from expensive tech stocks that have been leading the rally in recent years.
This pattern was evident in the software group’s $1 trillion loss in value over a week. On the other hand, the Dow Jones Industrial Average hit its record high, and the Russell 2000 rallied 3.5%. This trend persists as volatility disrupts several sectors.
On top of this, the U.S.-Israeli war on Iran has made the environment tougher for investors. Rising gasoline prices and peak volatility in the stock market are hampering consumer spending, which is a critical driver of U.S. economic growth. Alongside gasoline prices, which have surpassed the $3.50-per-gallon mark (17% above preconflict levels), oil price swings have further fueled economic uncertainty.
Amid rising fears of climbing interest rates, investors remain relieved as the Federal Reserve keeps them steady for now.
Meanwhile, as reported in Reuters’ March 13 article, the Fed’s preferred inflation indicator recorded a 2.8% year-over-year increase in January. Amid the troubling times, economists expect no rate cuts until September.
With this backdrop in mind, we present our list of undervalued opportunities: the 11 best very cheap stocks to buy according to billionaires.
Methodology
We used screeners to identify stocks trading below a forward P/E of 10x and limited our final selection to companies that have recently reported noteworthy developments likely to affect investor sentiment. Importantly, these stocks are preferred by billionaires; therefore, we ranked them by the number of billionaires bullish on each as of Q4 2025. To assess billionaire sentiment, we relied on Insider Monkey’s billionaire holdings database. Our list is in descending order by forward P/E.
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).
11. Lyft, Inc. (NASDAQ:LYFT)
Lyft, Inc. (NASDAQ:LYFT) stands among the 11 best very cheap stocks to buy according to billionaires.
Lyft, Inc. (NASDAQ:LYFT) and other travel platforms are likely to face regulatory scrutiny over algorithmic pricing.
On March 5, 2026, the CEOs of several travel agencies, including Lyft, were questioned by James Comer, chair of the U.S. House Oversight Committee, over the possible use of AI-driven “surveillance pricing,” which uses customer data to determine individualized fares.
Amid the concerns that highly tailored data may allow companies to modify prices depending on variables like browsing behavior, location, or purchase intent, the inquiry calls for the release of documents by March 19. These documents will detail revenue management algorithms and their financial implications.
The development comes as legislators pay increasing attention to AI tools and their impact on pricing transparency in digital platforms.
Meanwhile, on March 3, 2026, Mizuho Financial Group updated its financial model for the ride-hailing company, reducing its price target for Lyft, Inc. (NASDAQ:LYFT) from $16 to $15 while reiterating a “Neutral” rating.
Lyft, Inc. (NASDAQ:LYFT) operates a ridesharing and mobility platform that connects riders with drivers, offering multimodal transportation options, including bikes, scooters, rentals, and public transit integrations, across urban mobility networks in the United States.
10. MetLife, Inc. (NYSE:MET)
MetLife, Inc. (NYSE:MET) secures a spot on our list of the 11 best very cheap stocks to buy according to billionaires.
Investor sentiment surrounding MetLife, Inc. (NYSE:MET) has remained constructive. At the same time, analysts are keen to assess how the company’s shareholder returns measure up against the life insurance sector’s valuation headwinds.
Roughly 62% of analysts remain bullish on MetLife, Inc. (NYSE:MET) as of March 10, 2026, with a consensus price target of $92.00 that suggests a 30.31% upside potential.
The first-quarter 2026 dividend of $0.315 per share on the company’s floating-rate preferred non-cumulative stock, Series A (MET PRA), was confirmed by MetLife on March 5, 2026. On March 16, 2026, stockholders of record as of February 27, 2026, will receive the dividend, which is linked to the $25 liquidation preference.
Meanwhile, on March 3, 2026, Bob Huang, an analyst at Morgan Stanley, maintained his “Overweight” rating while lowering the firm’s price target for MetLife, Inc. (NYSE:MET) from $101 to $93.
This development was part of Morgan Stanley’s broader update for life and annuity insurers in North America. Huang pointed out that the industry as a whole may nevertheless see pressure on valuation, which might lead to changes in target prices even in the face of positive long-term fundamentals. At the same time, Morgan Stanley remains not so concerned about insurers’ exposure to private credit.
MetLife, Inc. (NYSE:MET) offers a range of insurance and financial services worldwide, including group benefits, retirement solutions, and life products to both individuals and institutional clients.
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