In this article, we will look at the 11 Cheap NYSE Stocks to Buy Now.
On December 9, Kevin Mahn from Hennion & Walsh and Victoria Greene from G Squared Private Wealth appeared on CNBC television for an interview to discuss their 2026 market outlook. Mahn noted that the chances of a hawkish Fed on Wednesday, December 10, are now more visible. Mahn believes that a rate cut at this time will be a positive sign for the market. He elaborated that since 1950, the Federal Reserve has cut interest rates on 23 occasions when the S&P 500 was within 2% of its all-time highs. All 23 instances saw the market moving further higher. He added that the S&P 500 is again within 2% of its all-time high, signaling that a rate cut will boost it to move higher. Mahn highlighted that while he sees a bullish year ahead, there will be many more bumps along the way, and the market will see a lot more short-term volatility than it did in 2025.
Victoria also believes 2026 to be a bullish year. She noted that Oracle’s earnings expected this week can be important for the market. She added that considering the AI bubble spotlight the stock has gained over the past month, the quarterly earnings can be a turning point to silence the AI bubble concerns. However, Victoria noted that Oracle will need to beat earnings expectations and also provide raised guidance to prove that they can manage the capital expenditure and the debt they have accumulated recently. Overall, she expects 2026 to be the fourth consecutive bullish year for the S&P 500.
With that, let’s take a look at the 11 Cheap NYSE Stocks to Buy Now.
Our Methodology
To compile the list of 11 Cheap NYSE Stocks to Buy Now, we used the Finviz stock screener, Seeking Alpha, and Insider Monkey’s Q3 2025 hedge funds database. Using the screener, we aggregated a list of stocks trading on the NYSE stock exchange with a forward price-to-earnings ratio below 15. Next, we sorted the list by market capitalization and cross-checked the P/E ratios from Seeking Alpha. Lastly, we ranked the stocks in ascending order of the number of hedge fund holders.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
11 Cheap NYSE Stocks to Buy Now
11. TotalEnergies SE (NYSE:TTE)
Forward P/E Ratio: 9.63
Number of Hedge Fund Holders: 22
TotalEnergies SE (NYSE:TTE) is one of the Cheap NYSE Stocks to Buy Now. On December 2, TotalEnergies SE (NYSE:TTE) announced signing a joint development and operating agreement with TES, Osaka Gas, Toho Gas, and ITOCHU. The agreement grants these Japanese companies a 33.3% stake in the Live Oak project.
The Live Oak project, which is currently under development in Nebraska, United States, is a large-scale facility to produce e-methane. The project was started by TotalEnergies SE (NYSE:TTE) and TES. As a result of this agreement, TotalEnergies and TES will both have a 33.3% share in the project. Live Oak is currently in the Front-End Engineering Design phase and targets production capacity of around 250 MW of electrolysis and 75 ktpa of methanation. Management noted that the project is expected to begin commercial operation in 2030, subject to a final investment decision to be made in 2027. Moreover, once the production starts, the project will export e-NG to Japan. Osaka Gas and Toho Gas.
In addition, Wall Street maintains a cautious outlook on TotalEnergies SE (NYSE:TTE), with analysts’ 12-month average price target of $70 reflecting 7.9% upside from the current level. Recently, on December 5, J.P. Morgan downgraded the stock from Buy to Hold and also lowered the price target from EUR58.5 to EUR55.0.
The firm noted that while they maintain a cautious outlook on the overall oil sector, they still prefer Shell over TotalEnergies SE (NYSE:TTE). Both companies have similar expected free cash flow returns estimates of around 8% for 2026-27; however, J.P. Morgan sees a better risk/reward situation for Shell, given the current market share.
TotalEnergies SE (NYSE:TTE) is a global multi-energy company that produces and markets o?il, biofuels, natural gas, renewables, and electricity.
10. The Toronto-Dominion Bank (NYSE:TD)
Forward P/E Ratio: 13.38
Number of Hedge Fund Holders: 26
The Toronto-Dominion Bank (NYSE:TD) is one of the Cheap NYSE Stocks to Buy Now. On December 5, Sohrab Movahedi from BMO Capital raised the firm’s price target on The Toronto-Dominion Bank (NYSE:TD) from C$120 to C$128, while reiterating a Buy rating on the stock. On the same day, Matthew Lee from Canaccord Genuity also raised the price target from C$122 to C$126 and maintained a Buy rating on the stock.
The positive outlook follows the company’s fiscal Q4 2025 earnings release announced on December 4. The Toronto-Dominion Bank (NYSE:TD) grew its revenue by 15.68% year-over-year to $10.34 billion, surpassing estimates by $394.86 million. Moreover, the EPS of $1.56 also topped estimates by $0.13. Management attributed growth to robust fee and trading income in its market-driven businesses, along with volume growth in Canadian Personal and Commercial Banking.
Sohrab Movahedi of BMO Capital noted that the company posted across-the-board beats during the latest earnings release. He noted the growth to be driven by US Retail, Wealth Management / Insurance, and Wholesale Banking.
The Toronto-Dominion Bank (NYSE:TD) is a major financial institution that serves customers in Canada, the United States, and internationally. It operates through four main segments, namely Canadian Personal and Commercial Banking, US Retail, Wealth Management and Insurance, and Wholesale Banking.
