12 Cheap Stocks That Will Go to the Moon According to Reddit

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6. Strategy Inc. (NASDAQ:MSTR)

Forward P/E: 4.19

Analyst Upside: 50.29%

Number of Hedge Fund Holders: 33

Strategy Inc. (NASDAQ:MSTR) is one of the top cheap stocks that will go to the moon according to Reddit. Mizuho Securities analyst Dan Dolev raised the firm’s price target on Strategy Inc. (NASDAQ:MSTR) to $586 from $563 on August 11, maintaining a Buy rating on the stock.

The analyst gave the rating update after Strategy Inc. (NASDAQ:MSTR) reported strong Q2 results, with revenue for the quarter coming at $114.5 million and an EPS of $32.60.

Strategy Inc. (NASDAQ:MSTR) also expanded its bitcoin holdings to 628,791 bitcoins, raising over $10 billion through its ATM programs and IPOs, and seeing growing institutional and retail demand for its securities.

Strategy Inc. (NASDAQ:MSTR) engages in the development of the Bitcoin network through its operations in technology, financial markets, and advocacy. It is the world’s largest corporate holder of Bitcoin.

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