In this article, we will take a look at some of the best cheap ESG stocks to buy.
These days, it seems like everyone wants to wear the “saving the world” cape. Whether this urge to make a real impact on the world stems from a desire to ride the social trend wave or simply out of genuine concern is, well, a debate for another day. For now, let’s focus on the fact that all companies must adhere to Corporate Social Responsibility (CSR) by law.
In other words, ESG companies are those that incorporate Environmental, Social, and Governance factors into their operations and decision-making. This framework is utilized to measure an organization’s practices and performance on sustainability and ethical grounds. In capital markets, some investors employ ESG criteria to assess companies and make their investment decisions accordingly, a practice known as ESG investing. While investing delivers financial returns, ESG investing offers both financial returns and societal impacts, and that’s what is most valued by some investors.
Some believe ESG investing is aligned with reduced risk exposure, stakeholder interests, and superior returns. Not only attractive in theory, but there are reports that back this form of investing. For instance, the Sustainability Megatrends Report by Cushman & Wakefield reveals that ESG companies are gaining traction from institutional investors. A survey of 250 institutional investors indicated that around 60% noted higher performance yield from ESG investments, and 78% were willing to pay higher premiums for these funds.
“Institutional investors are showing increased demand for properties with strong ESG-related management and activities,” the report underscores.
A US SIF “Trends Report” reveals that out of the US market size of $52.5 trillion, $6.5 trillion (12%) is identified as a sustainable or ESG investment. Having said that, as many as 73% of respondents believe the sustainable investment market will grow over the next few years. Therefore, community investing continues to shine with rising enthusiasm across several types of investors.
ESG companies are mainly ranked by third-party ranking agencies based on how well they perform across Environmental, Social, and Governance indicators. Using standardized metrics, proprietary models, and disclosures, the companies are then assessed and compared. Among the most notable agencies are MSCI, Sustainalytics (by Morningstar), Refinitiv ESG Scores, and S&P Global ESG Scores. In this analysis, we have used the ratings by Sustainalytics, which covers over 15,000 firms across 42 industries globally. The firm recently disclosed its 2025 list of ESG Top-Rated Companies, identifying Global 50 Top-Rated companies and other regional and industry leaders. Given this, we will take a look at some of the best ESG stocks to consider.
Our Methodology
We have compiled a list of 11 companies ranked by Sustainalytics (by Morningstar) in its recent ESG Top-Rated Companies report. From the report, we identified companies with a forward P/E less than 15, extracted from FINVIZ. From there, we picked companies with the highest number of hedge fund investors, as per Insider Monkey’s database of Q4 2024. From less preferred to highly preferred, according to hedge funds, the selected stocks are listed in either the global, regional, or industry standings in the report.
At Insider Monkey, we are obsessed with hedge funds. 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. Flex Ltd. (NASDAQ:FLEX)
Number of Hedge funds holding: 52
Forward P/E as of May 06, 2025: 12.96
Flex Ltd. (NASDAQ:FLEX) operates as a contract manufacturing company that offers design, manufacturing, and product management solutions to electronic and technology companies. While the Flex Agility Solutions (FAS) segment is centered on communications, consumer devices, and lifestyle, the Flex Reliability Solutions (FRS) segment encompasses markets like Automotive, Health Solutions, and Industrial. The company leverages its expertise and global reach to impact the world positively.
Jumping on the ESG bandwagon, Flex Ltd. (NASDAQ:FLEX) maintains a strategy aligned with industry standards, regulatory compliance, and best practices. With Plan, Do, Check, and Act at its core, the Flex global sustainability program office is ensuring that the ESG management system recognizes improvement areas and takes corrective measures. The company has employed a ‘green’ on-site sustainability team that is in charge of the development and administration of site-specific plans. Within the Flex Power Modules, a scorecard technique is used to review the performance, highlighting issues and sharing ideas with the sustainability leaders.
Similar to its peers, the company has set bold goals for the year. Reducing water withdrawal, minimizing emissions, achieving zero waste, encouraging volunteering activities, and increasing diversity are some targets Flex Ltd. (NASDAQ:FLEX) has set for the year. Each of its sites is engaged in a local community program in one way or the other. For instance, the Penang, Malaysia team participated in a turtle conservation program, planting trees, and clearing up beaches to protect marine life. Additionally, the company has a “Giving Week” annually, during which the global workforce engages in volunteering initiatives.
In 2021, the company set up the Flex Foundation that continues to invest in programs associated with the Sustainable Development Goals by the United Nations. From good health and well-being to responsible consumption and production, the foundation takes climate action for a more sustainable tomorrow. These investments support community building, environmental conservation, global public health, and educational programs for disadvantaged groups. When it comes to making a difference, Flex Ltd. (NASDAQ:FLEX) is definitely the one and is one of the best cheap stocks to buy.
10. Seagate Technology Holdings plc (NASDAQ:STX)
Number of Hedge funds holding: 52
Forward P/E as of May 06, 2025: 10.06
Seagate Technology Holdings plc (NASDAQ:STX) is a leading provider of hard disk drives for data storage for both enterprise and consumer markets. With a presence in Singapore, the United States, the Netherlands, and internationally, the core offerings of the company include mass capacity storage products, legacy applications, and the Lyve edge-to-cloud mass capacity platform. The technology giant remains focused on delivering sustainable value for customers, stakeholders, and communities. With a P/E ratio of 10.06, STX is one of the cheap stocks to buy.
Waste Management is an integral part of Seagate Technology Holdings plc (NASDAQ:STX). In doing so, programs have been established to carefully track, manage, and report all kinds of waste across the global footprint. These programs are then used to organize various waste streams and effectively dispose of waste whilst complying with the regulatory requirements. Among these programs is the Circularity Program, which allows the company to minimize environmental impact, improve supply chain resilience, and support the company’s strategy. Extending the useful life involves obtaining warranty-returned drives, buying back products from customers, and refurbishing and reselling useful drives. In 2023 alone, the company was able to extend the life of around 1.19 million drives.
A way of supporting a culture of inclusivity is its Employee Resource Groups (ERG), whereby Seagate Technology Holdings plc (NASDAQ:STX) provides a haven for discussion, connection, networking, and professional development. This aids in bridging a connection with the company’s workforce by making them feel safe, valued, and respected. One project that is of true importance is the company’s STEM and education outreach. From interacting with students at STEM events to providing nutritious meals to those in need and joining hands in the war against cancer and other diseases, the company has a strong footing in community engagements.
While implementing strong data security protocols to maintain good governance, Seagate Technology Holdings plc (NASDAQ:STX) continues to ensure that the suppliers work with equally valued ESG morals. This accountability is a part of the annual monitoring and audit process, making STX one of the most ESG-responsible companies to watch.
9. Crown Holdings, Inc. (NYSE:CCK)
Number of Hedge funds holding: 53
Forward P/E as of May 06, 2025: 12.76
Crown Holdings, Inc. (NYSE:CCK) is a global packaging powerhouse operating through the Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. Founded in 1892, the company manufactures and markets recyclable aluminum beverage and non-beverage cans, steel crowns, glass bottles, ends, and closures. From food to household and industrial industries, the company serves a wide clientele.
The company’s Twentyby30 program is what we’re counting on the most. This bold plan to accelerate sustainability progress comprises 20 evaluative goals targeted for 2030 or sooner. The pillars of action are climate action, resource efficiency, optimum circularity, working together, and never compromising. Through its sustainable metal packaging utilization and environmental-focused priorities, Crown Holdings, Inc. (NYSE:CCK) is leading the world of innovation.
Since 2013, Crown Holdings, Inc. (NYSE:CCK) has honored the team behind its ability to advance toward sustainable goals, showing how it’s focused on employee engagement. From the Social Sustainability Award to the Environmental Sustainability Award and the Sustainability Award for Safety, the company recognizes initiatives related to the environment, safety, and community.
While the plant in France, tied to a multi-year heat recovery project, reduces the gas utilized by washer boilers by around 60% and improves process reliability, the facility in Wisconsin, United States, is focused on minimizing water withdrawal. The “Trueque a la lata” project, based in Colombia, is designed in a way to enhance the collection and recycling of UBCs, which are then forwarded to DP Watering. Instead of paying the company for the materials, DP Watering supports “Mano Amiga,” an educational program for economically destitute students. The Transit Packaging division assists in implementing uniform glove and forearm protection for functions within its locations, reducing the possibility of future hand-related accidents.
With a total ESG risk score of 12.8, with environmental risk, social risk, and governance risk scores of 12.8, 9.1, and 1.6, respectively, Crown Holdings, Inc. (NYSE:CCK) contributes far less to environmental damage and an inequitable society. Having said that, CCK is one of the best ESG stocks to invest in.
8. Tapestry, Inc. (NYSE:TPR)
Number of Hedge funds holding: 57
Forward P/E as of May 06, 2025: 13.90
Tapestry, Inc. (NYSE:TPR) is a global house of leading fashion brands, particularly Coach, Kate Spade New York, and Stuart Weitzman. Headquartered in New York, the company offers its products directly and indirectly via wholesale and licensing businesses. The enterprise claims to use its strengths to empower communities and make the fashion industry more sustainable, equitable, inclusive, and diverse. It is among the best cheap stocks to buy.
Serving as a hub for iconic fashion brands, Tapestry, Inc. (NYSE:TPR) maintains a circularity strategy that supports three key principles, namely mitigating waste and pollution, circulating products, and restoring nature. The Coach segment of the business has a The Coachtopia Catalyst Fund that, through the partnership with 1% for the Planet, contributes 1% of the revenue generated to support emerging climate leaders, including Black Girl Environmentalist, Earth Guardians, and Maya’s Ideas 4 the Planet.
The company has taken scaling measures for environmentally favored raw materials across its product range to minimize environmental impact. Tapestry, Inc. (NYSE:TPR) adopts an integrated approach to material sourcing driven by external standards and targeted partnerships that enhance transparency and reduce eco-challenges. With that being said, the company has made significant advancements in regenerative agriculture, recycled materials, and circular innovation.
Tapestry, Inc. (NYSE:TPR) has also invested in Generation Phoenix, which is a U.K.-based company that utilizes wet blue leather offcuts to design a durable material. Following a “Style, Performance, and Impact” framework, the powerhouse has partnered with Reset Carbon to build its Decarbonization Program (DCP) that supports as many as 18 suppliers with high energy, water, and carbon emissions to develop a roadmap for the facilities. This 2025, TPR plans to embed scoring into the supplier scoreboard, which includes social compliance scores. Thus, we have a positive reason to believe that TPR is indeed an ESG-conscious stock.
7. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge funds holding: 66
Forward P/E as of May 06, 2025: 8.01
Hewlett Packard Enterprise Company (NYSE:HPE) is a U.S.-based leading information technology company that provides smart solutions and cloud-based services. The core offerings of the company include servers, storage devices, networking products, software, IT support, and customized financial solutions. From retailers and distribution partners to direct sales management, independent software vendors, and equipment manufacturers, the tech giant markets through a range of experts.
Some companies get things done, while others just plan. Hewlett Packard Enterprise Company (NYSE:HPE) is one of the few companies that have successfully completed the transition to renewable energy usage in its operations. Not only this, the company is among the three companies with a net-zero target of 2040, and interim targets, validated by the Net-Zero Standard of the Science Based Targets initiative (SBTi).
Hewlett Packard Enterprise Company (NYSE:HPE) has initiated the HPE Sustainability Insight Center, incorporated into its GreenLake platform, for customers all around the globe. This makes real-time monitoring of the customers’ IT estates’ energy consumption with approximations of the related carbon footprint to allow effective management. This ensures that the client makes informed decisions that not only reduce costs but also achieve the associated sustainable IT goals. Thus, the micro-level initiative delivers returns at the macro level, and that’s what is so special about the platform.
The social strategy of Hewlett Packard Enterprise Company (NYSE:HPE) is such that it assists individuals and communities in preparing for and recovering from adverse events, particularly climate-related. It also extends support to organizations working towards protecting human rights. The Climate Technology Impact Accelerators help drive innovation to tackle climate change, with each accelerator strengthening startups with leaders from diverse backgrounds. With HPE Foundation in action, and funding organizations that fight challenges like climate change, equitable healthcare, and human rights, HPE is nothing but a perfect cheap ESG stock to invest in.
6. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN)
Number of Hedge funds holding: 68
Forward P/E as of May 06, 2025: 14.18
Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is a leading biotechnology company serving people living with eye disease, cardiovascular disease, cancer, and inflammation. Headquartered in New York, the company develops and markets life-changing medicines for people with severe illnesses. Driven by its “Doing Well by Doing Good” philosophy, REGN facilitates a culture that promotes integrity and builds sustainable communities.
The company is quite known for its patient support programs designed to provide education and enhance access through insurance eligibility support, patient resources, financial aid, and the provision of free medicine. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) also makes donations to external foundations to offer financial assistance to patients who might otherwise face challenges in sourcing those medications.
The core strategy of its ESG approach is STEM Education. Through investments in this area, Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN)’s students are nurtured to continue transformative innovations. The company has invested heavily in infrastructure, with its $4.4 million investment in the Regeneron DNA Learning Center truly standing out. The employees have a special role to play as they spend hours during the global volunteerism initiative, Day for Doing Good, to create STEM kits for nearby schools.
As with any responsible enterprise, Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is committed to a healthier, greener tomorrow. Enhancing renewable energy usage, conserving natural resources, reducing waste, and protecting biodiversity are some of the many strategies it adopts. The company has an excellent evaluative framework whereby it measures the risks to and impacts on climate change through its enterprise risk management (ERM) program. Moreover, the health powerhouse has set environmental targets to help understand the potential climate-related impacts, particularly those in the supply chain. For instance, more than 50 suppliers now align with the company’s Scope 3 GHG emissions initiatives. With that in mind, REGN is one of the best cheap stocks to buy.
5. The Cigna Group (NYSE:CI)
Number of Hedge funds holding: 72
Forward P/E as of May 06, 2025: 10.09
The Cigna Group (NYSE:CI) is a global health company providing insurance and related products. With two main segments: Evernorth Health Services and Cigna Healthcare, it has a vast offering including coordinated and point solution health services, and pharma-related care. Based in Connecticut, the company is committed to a better future.
The company maintains a strong ESG vision to revolutionize the health ecosystem into one that is well-functioning, sustainable, accessible, and equitable. The Cigna Group (NYSE:CI) seeks to recognize advanced efficiencies and make strategic investments to mitigate not only operational costs but also environmental impacts, as it believes responsible environmental stewardship has the potential to improve health and vitality.
The Cigna Group (NYSE:CI) collaborated with the Houston Parks Board to improve neighborhood parks as it strives to improve health outcomes through elevated environmental exposures. As part of the project, Grimes Park in the Sunnyside neighborhood now has a football field, playground, picnic area, walking path, and basketball pavilion, among others. The company is also partnering with Brighter Bites to provide healthy food guidelines and 20 pounds of free fruits and vegetables each week to around 500 elementary students and their families.
Just recently, The Cigna Group (NYSE:CI) Foundation announced an additional $1 million to youth clubs to support mental health in America over the next two years. The funding will go into the training of staff to identify mental health-related symptoms in individuals, incorporating trauma-informed strategies in their practices, and expanding its Behavioral Support Toolkit to all Clubs. Over the last year, the platform extended a $250,000 grant for developing a teen mental health guide, strengthening youth mental health programming. With this, we can say that the company is in the right direction to invest over $27 million in grants to nonprofit organizations through 2026.
The Cigna Group (NYSE:CI)’s water management and waste reduction efforts, too, are quite commendable. The company prioritizes leasing LEED-certified buildings by working towards embedding green language into their leases. It tracks water performance, safeguards natural habitats by building discharge water, offers an efficient irrigation system, and adopts a data-driven approach to mitigating pharmaceutical inventory waste. On that note, we can label it as one of the best ESG stocks to keep an eye on.
4. Elevance Health, Inc. (NYSE:ELV)
Number of Hedge funds holding: 73
Forward P/E as of May 06, 2025: 10.57
Elevance Health, Inc. (NYSE:ELV) is a U.S.-based health insurer that operates through four segments, including Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. Incepted in 2001, the company also provides pharmaceutical services, managed care services, health products, and behavioral health management, among others. The company’s purpose revolves around improving lives and communities.
Through its strategic collaborations, the company has indeed made an impact. Elevance Health, Inc. (NYSE:ELV), along with Impact Fitness Foundation (IFF), has managed to develop a weight room and fitness space at Irvington Preparatory Academy. Kyle Weber, Chief Strategy Officer at Elevance Health, made the following comment:
“Health equity intersects with many circumstances, including where you live. By providing a fitness space, students will have increased access to resources needed to optimize their physical health and impact their mental health.”
Elevance Health, Inc. (NYSE:ELV) has a total ESG Risk Score of 9.3, which is considered totally negligible. While the environmental risk stands at 0.1, the social and governance risk scores are 5.3 and 4.0, respectively.
In a recent development, Elevance Health, Inc. (NYSE:ELV) Foundation disclosed an updated five-year plan to invest $150 million over the course of four years through a multilevel approach, including grantmaking, impact investing, associate community engagement, and community action leadership. The company has set aside $10 million as a loan to address social needs by offering access to inclusive financing for aim-focused businesses that will drive the health ecosystem.
Additionally, a $14.1 million grant to Feeding America’s Food as Medicine program is assisting in combating food insecurity. The wildfires in Southern California affected many, and this isn’t something overlooked by the company. In response, the powerhouse is committed to an initial $10 million in grants to support community resilience. With a focus on the vulnerable parts of society, ELV is among the best cheap stocks to buy.
3. QUALCOMM Incorporated (NASDAQ:QCOM)
Number of Hedge funds holding: 79
Forward P/E as of May 06, 2025: 11.61
QUALCOMM Incorporated (NASDAQ:QCOM), headquartered in California, is a digital telecommunications provider, operating through three segments, namely Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). With a market capitalization of $162.449 billion, the company is recognized as the 158th most trusted company in America by Forbes. The core values of the company include empowering people, transforming communities, and protecting the planet. It is among the best cheap stocks to consider.
One thing the company is mastering is fulfilling its social responsibility. QUALCOMM Incorporated (NASDAQ:QCOM) has launched an Africa Innovation Platform, featuring mentorship, education, and training programs to facilitate Africa’s technology development. As part of this program, resources are provided for local universities, small-to-medium startups, and grant participants, offering them Qualcomm technical experts and innovative capabilities for mobile platforms and technologies. All of this was done through collaboration with the African Telecommunications Union.
QUALCOMM Incorporated (NASDAQ:QCOM) claims to combine leading performance and power efficiency in its products. QCOM is leveraging its strong footing in the development of building power-efficient smartphone devices in all of its product categories, with the new version being sustainably better than the previous one. In addition, the company has enhanced its collaborations with wireless networks and service providers in initiating technologies that deliver better power efficiency in communication networks. One can’t ignore the company’s efforts towards adopting energy-efficient specifications for a greener wireless ecosystem by partnering with wireless communications standard development organizations.
Other initiatives by the company include increasing digital health literacy through the Tech2Home Care Unit program, vaccinating rural communities, supporting HIV education, and other programs strengthening STEM education and accelerating the Wireless Reach project. QUALCOMM Incorporated (NASDAQ:QCOM) is also increasingly taking water-saving measures, and the most notable of these is its state-of-the-art water-saving technology named Local Scrubber Drain (LSRD).
2. Cisco Systems, Inc. (NASDAQ:CSCO)
Number of Hedge funds holding: 84
Forward P/E as of May 06, 2025: 14.93
Cisco Systems, Inc. (NASDAQ:CSCO) is a U.S.-based firm that offers information technology and networking services. Incepted in 1984, the company also offers network security and access management services. CSCO delivers its products and services directly and indirectly through system integrators, service providers, and other distributors.
If there were an award for combining technology, workforce, and broader networks perfectly to solve challenges towards sustainability, Cisco Systems, Inc. (NASDAQ:CSCO) would be the clear winner. The company has taken one clear strategy, The Plan for Possible, that guides in embedding sustainability in products, advancing clean energy access, strengthening relationships with suppliers, focusing on minimizing environmental impacts, and fostering climate resilience in society.
Like any other environmentally concerned enterprise, Cisco Systems, Inc. (NASDAQ:CSCO) has also set targets. While it hopes to achieve net-zero GHG emissions across value chains by 2040, the near-term targets revolve around reducing absolute Scope 1, Scope 2, and Scope 3 emissions, making it quite negligible. Having said that, the company is the first technology hardware and equipment company to get its 2040 goal approved under the SBTi Net-Zero Standard. In achieving this goal, the company is focused on energy-efficiency innovation, connecting clean energy, and collaborating with its networks to make the transition smoothly.
The design of energy-efficient products is a core part of its green strategy. Through its Plan for Possible initiative, Cisco Systems, Inc. (NASDAQ:CSCO) modernizes data centers, adopts energy management solutions, and builds smart energy infrastructure. Through CSCO’s Circular Design Principles, the company enhances the energy efficiency of its products, similar to that of the Cisco UCS X-Series Modular System, which has an improved cooling process in contrast to the previous UCS rack servers.
Additionally, the company has developed a Sustainability Data Foundation (SDF), which is a crucial source of sustainability-associated data for various cases. Cisco Intersight IT operations platform is another project undertaken that allows clients to dynamically adjust power for improved efficiency. Cisco Systems, Inc. (NASDAQ:CSCO) has directed US$39 million in investments from FY23 to FY25, emphasizing renewable energy and the development of fleet electrification projects. Additionally, the giant’s power purchase agreements (PPAs), particularly with the Spanish renewable energy provider IGNIS and in India for the development of wind and solar generation, is a testament to all its energy-related efforts. Thus, CSCO can be considered one of the best ESG stocks.
1. Western Digital Corporation (NYSE:WDC)
Number of Hedge funds holding: 85
Forward P/E as of May 06, 2025: 8.19
Western Digital Corporation (NYSE:WDC) is a California-based global leader in the hard disk drive market. While providing data storage solutions, the giant is fully dedicated to preserving and protecting the planet. The company’s initiatives revolve around reducing, recycling, reusing, and saving for the generations to come.
Western Digital Corporation (NYSE:WDC) has a negligible total ESG risk score of 9.7. With the least environmental impact, a score standing at 1.6, we can consider it best-in-class. Similarly, the 4.0 and 4.2 scores of social risk and governance risk, respectively, reinforce the notion that the company is less likely to face any material financial impacts stemming from ESG challenges.
With an emphasis on optimizing utilization and total capacity while delivering high-end nodes, Western Digital Corporation (NYSE:WDC) aims to embrace sustainability. The company is targeting net-zero emissions of scopes 1 and 2, and in doing so, the management has adopted a decarbonization strategy and set time-phased priorities. This strategy involves 3% conservation actions, 0.5% on-site solar, and sustained traction on Renewable Energy acquisition. Coupled with the company’s aim to complete its transition to renewable energy through long-term power purchase agreements, it is all in for the environmental game.
In its journey to a greener future, the company hasn’t missed the two Ws—water and waste. Western Digital Corporation (NYSE:WDC) is undertaking various water conservation projects, including recycling wastewater for gardening purposes. The company seeks to implement capital expenditure-focused water recycling programs and Alliance for Water Stewardship certification for its factories. Additionally, WDC’s Easy Recycle Program is a testament to its waste disposal management, with a focus on achieving less than 5% of waste in landfills by 2030.
Western Digital Corporation (NYSE:WDC) is considered leaner than it ever was, gaining a new identity. The company’s installed base storage in the cloud is expected to grow at a CAGR of 23% within the next three years. This, along with the company’s recent technological innovations, offering some of the highest quality and capacity hard disk drives, makes it one of the best ESG companies to invest in.
Overall, WDC ranks 1st on our list of cheap ESG stocks to buy according to hedge funds. While we acknowledge the potential of WDC as an investment, our conviction lies in the belief that 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 WDC 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.