In this article, we will discuss the 12 Best Low Priced Growth Stocks to Invest In Now.
On May 13, Sébastien Page, T. Rowe Price Head of Global Multi-Asset & CIO, joined CNBC’s ‘Squawk Box’ to discuss navigating a stock market hitting consecutive record highs. Addressing whether the market has overextended itself, Page stated that he does not believe that the market is out over its skis. He explained that historically, record highs do not serve as sell signals and do not result in lower returns compared to any other time. He acknowledged that while valuations are high, corporate earnings have been awesome. He pointed out that at the end of March, year-over-year earnings growth for the S&P 500 was projected at 13%, but it is currently running at 27%. In response to this environment, T. Rowe Price is maintaining a neutral stance between stocks and bonds, taking some profits on the broadening trade, and actively hedging against inflation risk. Sharing the colloquial investment advice he gives to his dentist, Page emphasized his current strategy: stay invested, stay diversified, and hedge inflation risk.
To express their investment ideas, Page revealed that T. Rowe Price is moving money out of non-US stocks and into US large-cap stocks, specifically within the growth sector. He highlighted that the valuation for US large-cap growth stocks is currently below its historical five-year average, and the valuation for the Mag 7 is well below its peak. For Page’s firm, buying these large-cap growth equities represents the best way to express the AI trade among various options, supported by phenomenal earnings. He pointed out that the forecasted earnings for US large-cap growth stocks over the next 12 months are at the highest level seen in the 25 years of data he possesses. While acknowledging this sets a high bar, Page noted that large-cap growth stocks consistently beat these high expectations.
Our Methodology
We used screeners to identify stocks that have a track record of delivering earnings growth and have grown their EPS by at least 30% over the past 3 years. We then picked stocks that are trading below $50 per share, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2025.
Note: All data was sourced on May 18.
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).
12 Best Low Priced Growth Stocks to Invest In Now
12. Super Micro Computer Inc. (NASDAQ:SMCI)
Number of Hedge Fund Holders: 39
Super Micro Computer Inc. (NASDAQ:SMCI) is one of the best low priced growth stocks to invest in now. On May 14, Supermicro appointed Matthew Thauberger as its new Chief Revenue Officer. In this role, Thauberger will lead the company’s global revenue organization, overseeing direct, channel, hyperscale, and strategic sales for its AI and infrastructure solutions. He succeeds Don Clegg, the Senior Vice President of Worldwide Sales, who is retiring from the company.
Thauberger brings over 20 years of global experience in international sales, strategic partnerships, and market expansion within AI computing organizations. Since joining Supermicro in April 2020 as Senior Vice President of Strategy and Business Development, he has managed product launches, expanded the Fortune 500 customer pipeline, and supported growth in the CSP and enterprise storage markets. His prior career includes executive sales leadership roles at Burlywood, Inc., Inspur Systems, and AMAX.
Founder, President, and CEO Charles Liang expressed confidence that Thauberger will help accelerate revenue growth and capture demand in the AI and IT infrastructure sectors. Thauberger noted he looks forward to driving sales across the company’s product portfolio as Super Micro Computer Inc. (NASDAQ:SMCI) enters its next stage of growth.
Super Micro Computer Inc. (NASDAQ:SMCI) sells and develops server and storage solutions based on modular and open-standard architecture across Europe, the US, Asia, and internationally.
11. Exelixis Inc. (NASDAQ:EXEL)
Number of Hedge Fund Holders: 42
Exelixis Inc. (NASDAQ:EXEL) is one of the best low priced growth stocks to invest in now. On May 5, Exelixis reported total revenues of $610.8 million for Q1 2026, up from $555.4 million in Q1 2025. This increase was driven primarily by US net product revenues of $555 million from its cabozantinib franchise, alongside a rise in collaboration revenues to $55.8 million. The company achieved a GAAP net income of $210.5 million ($0.79 diluted EPS) and a non-GAAP net income of $232.8 million ($0.87 diluted EPS), while maintaining its full-year 2026 financial guidance.
On the clinical and regulatory front, the US FDA accepted Exelixis’ first NDA for zanzalintinib in combination with atezolizumab for previously treated metastatic colorectal cancer, setting a target action date of December 3. The company expanded its GI sales team to support this pipeline and continued progressing across multiple zanzalintinib clinical trials. These include upcoming data readouts for the STELLAR-303 and STELLAR-304 studies, active enrollment in STELLAR-311, and the recent initiation of the phase 2 STELLAR-201 trial for recurrent meningioma.
Financially, Exelixis Inc. (NASDAQ:EXEL) expects to finish its existing $750 million stock repurchase program this month, having bought back $590.6 million in shares as of the end of Q1. Additionally, the Board of Directors authorized a new stock repurchase program in May to buy back up to an extra $750 million of common stock by the end of 2027. This newly approved initiative represents the sixth share repurchase program launched by the company since March 2023.
Exelixis Inc. (NASDAQ:EXEL) is an oncology-focused biopharmaceutical company based in Alameda. It develops small-molecule cancer therapies, led by CABOMETYX (cabozantinib), its main revenue driver. It is also advancing next-gen drugs like zanzalintinib and expanding into new cancer treatment areas.
10. Viavi Solutions (NASDAQ:VIAV)
Number of Hedge Fund Holders: 42
Viavi Solutions (NASDAQ:VIAV) is one of the best low priced growth stocks to invest in now. On May 5, Viavi launched its CyberFlood CF1000 Appliance, a native 400G security and application performance test platform. It provides OSI Layer 4-7 validation for network vendors, hyperscalers, and service providers under real-world encrypted and mixed traffic conditions. The system targets critical infrastructure like Next-Generation Firewalls, zero-trust architectures, and AI inference fabrics.
The compact 2RU appliance supports up to 1.2Tbps of application traffic testing via four 400G OSFP ports and eight 100G QSFP28 ports. It combines massive-scale encrypted traffic generation, threat emulation, and quantum-safe cryptography validation on a single platform. For encrypted networks, it delivers over 500Gbps of throughput and up to 800,000 TLS v1.3 connections per second.
The CF1000 also introduces scalable AI inference traffic emulation to simulate LLM performance and AI-driven workloads at a terabit scale. According to Viavi Solutions (NASDAQ:VIAV), this allows operators to safely validate infrastructure for the agentic era, where AI policies and quantum security must coexist. This emulation capability helps organizations balance operational cost efficiency against user experience.
Viavi Solutions (NASDAQ:VIAV) is a technology company that offers network testing, monitoring, and assurance solutions, as well as light-management technologies. The company serves various markets, including telecommunications, cloud, first responders, military, aerospace, and critical infrastructures.
9. Samsara Inc. (NYSE:IOT)
Number of Hedge Fund Holders: 48
Samsara Inc. (NYSE:IOT) is one of the best low priced growth stocks to invest in now. On May 12, Samsara launched three new AI-driven solutions, Ground Intelligence, Waste Intelligence, and Ridership Management, tailored for the public sector to modernize critical US infrastructure. Designed for state and local governments as well as K-12 school districts, this Public Sector AI Suite uses real-time data to help agencies improve public safety, lower operational costs, and boost transparency.
The Ground Intelligence tool proactively monitors road conditions by tracking defects like potholes via g-force thresholds and offering localized, anonymized footage through its StreetSense feature to optimize maintenance dispatching. Meanwhile, Waste Intelligence uses AI multicam video for service verification, allowing waste management teams to quickly resolve customer disputes, verify missed pickups, and document policy violations like overfilled bins or contamination fees.
Lastly, the Ridership Management solution replaces manual tracking processes in school districts and transit agencies with a real-time digital manifest. It tracks passengers from boarding to drop-off, automatically flags wrong-stop departures or specific care requirements, and features integrated safety workflows to protect vulnerable riders. Samsara Inc. (NYSE:IOT) introduced these tools at its Go Beyond Public Sector event in Chicago.
Samsara Inc. (NYSE:IOT) develops cloud-based sensor systems, which combine plug-and-play sensors, internet connectivity, and cloud-based software. The company is based in San Francisco, California, and was started in 2015 by John Bicket and Sanjit Biswas.
8. Maplebear Inc. (NASDAQ:CART)
Number of Hedge Fund Holders: 50
Maplebear Inc. (NASDAQ:CART) is one of the best low priced growth stocks to invest in now. On May 13, Instacart expanded its self-serve Ads Manager to retail partners, following a milestone year generating over $1 billion in advertising and other revenue in 2025. The platform extends high-intent reach, optimization, and closed-loop measurement infrastructure to retailers. These tools are designed to help stores drive digital engagement, increase basket sizes, and win new consumers.
Available immediately, the platform introduces self-serve promotions for creating basket-level offers and targeting specific consumer segments. Retailers can independently launch, test, and optimize campaigns while tracking real-time performance metrics like redemptions and sales impact. Regional grocery chains, including The Save Mart Companies and Valley Marketplace, are among the early adopters.
Retailers are also testing off-platform advertising through partnerships with platforms like Meta to reach audiences across the broader media landscape. This capability uses first-party data to win back lapsed shoppers and drive incremental market share. Maplebear Inc. (NASDAQ:CART) plans to introduce additional sponsored placements and expanded search discovery tools throughout 2026.
Maplebear Inc. (NASDAQ:CART), doing business as Instacart, is a North American retail technology company that operates a massive online marketplace for grocery delivery and pickup, connecting customers with personal shoppers who fulfill orders from local retail stores.
7. On Holding AG (NYSE:ONON)
Number of Hedge Fund Holders: 51
On Holding (NYSE:ONON) is one of the best low priced growth stocks to invest in now. On May 12, On Holding delivered record Q1 2026 results, with net sales increasing 14.5% year-over-year to CHF 831.9 million (26.4% on a constant currency basis). This performance represents the first time the company has surpassed CHF 800 million in quarterly net sales, supported by balanced growth across both its direct-to-consumer and wholesale channels. The company also achieved a net income of CHF 103.3 million, up 82.2% from the prior year.
Operationally, the brand saw significant regional traction in the Asia-Pacific market, which grew 44.4% to make up over 20% of global net sales. Its apparel segment expanded by 45.1%, while retail hubs continued to develop ahead of scheduled store openings in Stockholm, São Paulo, and Sydney. Driven by full-price discipline and efficiency gains, On Holding’s gross profit margin expanded by 430 basis points to 64.2%, and its adjusted EBITDA margin reached 21.0%.
Following the strong quarter, On Holding (NYSE:ONON) reiterated its full-year 2026 constant currency net sales growth guidance of at least 23% and raised its profitability outlook. The company now expects a full-year gross profit margin of at least 64.5% and an adjusted EBITDA margin between 19.5% and 20.0%, despite ongoing headwinds from higher US tariffs.
On Holding (NYSE:ONON) is a Swiss company that designs and manufactures premium athletic footwear, apparel, and accessories. The company is best known for its patented CloudTec cushioning technology.
6. Evolv Technologies Holdings Inc. (NASDAQ:EVLV)
Number of Hedge Fund Holders: 51
Evolv Technologies Holdings Inc. (NASDAQ:EVLV) is one of the best low priced growth stocks to invest in now. On May 12, Evolv reported total revenue of $46.3 million for Q1 2026, representing a 45% increase compared to $32.0 million in Q1 2025. This growth was driven by strong new customer acquisitions and expanding deployments, alongside increased adoption of its Evolv eXpedite product. Annual Recurring Revenue/ARR also climbed 20% year-over-year to reach $127.3 million.
The company reported a first-quarter GAAP net loss of $5.0 million, or $0.03 per share, compared to a net loss of $1.7 million in the prior year’s quarter. On a non-GAAP basis, adjusted EBITDA improved to $3.9 million with an 8.5% adjusted EBITDA margin, up from $2.1 million in Q1 2025. As of March 31, Evolv maintained $61.1 million in cash, cash equivalents, and marketable securities.
Evolv Technologies Holdings Inc. (NASDAQ:EVLV) raised its full-year 2026 outlook, now forecasting total revenues between $175 and $180 million, which represents 20% to 23% year-over-year growth. The company also projects year-end ARR to reach between $145 and $150 million. Management expects to deliver positive full-year adjusted EBITDA with margins landing in the high single digits.
Evolv Technologies Holdings Inc. (NASDAQ:EVLV) develops AI-based, touchless security screening systems. Its screening technology can detect concealed weapons and threats without requiring people to stop or remove personal items. Evolv systems are used to make public spaces like stadiums, schools, hospitals, and entertainment centers safer.
While we acknowledge the potential of EVLV 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 EVLV and that has 100x upside potential, check out our report about the cheapest AI stock.
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