12 Best Cheap Stocks to Buy Right Now

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1. AT&T Inc. (NYSE:T)

Upside: 13.51%

Forward P/E: 11.90x

Number of Hedge Fund Holders: 84

AT&T Inc. (NYSE:T) is one of the Best Cheap Stocks to Buy Right Now.

AT&T beat street consensus in the fourth quarter of 2025, both in terms of revenue ($33.5 billion actual vs. $32.88 billion consensus estimate) and earnings per share ($0.52 per share actual vs. $0.47 per share consensus estimate). John Stankey, AT&T’s Chairman and CEO, also announced management’s guidance for the following year: +1-4% revenue growth, +3-4% EBITDA growth, and $2.25 to $2.35 EPS. In terms of returning capital to shareholders, management expects to pay a $1.11 per-share dividend and buy back $8 billion in ordinary shares in 2026.

Firms had mixed reactions, despite AT&T’s strong Q4 performance. Deutsche Bank analyst Bryan Kraft raised his target price from $31 to $33, citing strong Q4 results and management’s 2026 guidance. Oppenheimer, meanwhile, lowered its target price from $32 to $29 (albeit still with an Outperform rating), citing weaker ARPU growth and higher churn. TD Cowen also slightly lowered its target from $33 to $32.

CNN’s data show that 16 of 28 analysts (~57%) covering AT&T have a “Buy” rating, 11 (~39%) have a “Hold,” and only 1 (~4%) has a “Sell.” The median target price is $29.75 (with a high of $34.00), implying an upside of 13.51% (29.72% if using the highest estimate).

AT&T Inc. (NYSE:T) is a leading telecommunications and technology company, operating mainly in the US and Latin America.

While we acknowledge the potential of AT&T Inc. (NYSE:T) 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 T and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Software Infrastructure Stocks to Buy According to Hedge Funds and 11 Best Stocks You’ll Wish You Bought Sooner.

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