In this article, we will look at the 12 Cheap Stocks That Will Go to the Moon According to Reddit.
Anastasia Amoroso, Partners Group chief investment strategist for private wealth and retirement, appeared on CNBC’s ‘Closing Bell’ on August 14 to discuss why she is betting on increased upside in today’s equity markets.
She acknowledged that the current environment does have a lot of positives, and while coming into the past few weeks market debates were focused on the “quarter of adjustments” and the fact that companies had to absorb tariff increases, this week is all about rate cuts.
READ ALSO: 10 Best NYSE Stocks to Buy Under $20 and 12 Best Medical Device Stocks to Buy According to Analysts.
Amoroso clarified that it may not even be just one rate cut but rather a series of rate cuts, stating that there is potential scope for two to three this year. This factor alters the narrative quite a bit, according to her, as it cushions whatever softness is anticipated in Q3 and Q4.
With these trends in view, let’s look at the cheap stocks that will go to the moon according to Reddit.
An investor looking at a stock market board at a financial exchange with the Polish Equity Market index in the foreground.
Our Methodology
We first sifted through threads and posts on WSB and similar subreddits to compile a list of the top trending stocks among retail investors with a forward P/E below 15. We then selected the top 12 stocks with an analyst upside potential of over 40% and also added the number of hedge fund holders for each stock as of Q1 2025. We sourced the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund holders.
Note: All data was sourced on August 14.
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).
12 Cheap Stocks That Will Go to the Moon According to Reddit
12. Criteo S.A. (NASDAQ:CRTO)
Forward P/E: 5.32
Analyst Upside: 63.45%
Number of Hedge Fund Holders: 15
Criteo S.A. (NASDAQ:CRTO) is one of the top cheap stocks that will go to the moon according to Reddit. On July 31, BMO Capital analyst Brian Pitz raised the firm’s price target on Criteo S.A. (NASDAQ:CRTO) to $51 from $49, keeping an Outperform rating on the shares.
The analyst told investors in a research note that Criteo S.A. (NASDAQ:CRTO) reported strong fiscal Q2 results, with contribution ex-TAC exceeding consensus.
The firm added that the AI opportunity is increasingly in focus, with the leverage of real-time inventory, pricing, and availability data acting as a durable Retail Media advantage.
Criteo S.A. (NASDAQ:CRTO) is a France-based company that specializes in digital performance marketing. Its solution comprises its data assets, the Criteo Engine, its advertiser and publisher platforms, and access to inventory.
Criteo Engine delivers advertisements through various marketing formats and channels, including native advertising banners, display advertising banners, and more. It operates in around 90 countries and has more than 30 international offices across the Americas, Europe, and the Asia-Pacific regions.
11. National Energy Services Reunited Corp. (NASDAQ:NESR)
Forward P/E: 7.47
Analyst Upside: 61.97%
Number of Hedge Fund Holders: 22
National Energy Services Reunited Corp. (NASDAQ:NESR) is one of the top cheap stocks that will go to the moon according to Reddit. On August 13, National Energy Services Reunited Corp. (NASDAQ:NESR) announced the award of several Production Services contracts in Libya and Algeria. Management stated that the total value of the contracts is expected to surpass $100 million.
The contract awards vary from three to five years in duration and include core Production Services segments such as Nitrogen & Pumping Services, Coiled Tubing, and Cementing and Hydraulic Fracturing.
National Energy Services Reunited Corp. (NASDAQ:NESR) stated that the wins help extend and solidify the company’s regional leadership in these segments, highlighting consistent activity growth emerging across key anchor countries in North Africa.
National Energy Services Reunited Corp. (NASDAQ:NESR) CEO & Chairman Sherif Foda commented:
“These awards not only enhance our existing leadership within our largest product lines, but also provide the platform upon which innovation and technology development can thrive in both Algeria and Libya. The activity growth in both countries remains solid, with several strategic projects in both oil and gas, and these wins reflect the commitment we’ve made to maintain our strong local presence, empower local talent by operating 100% with national crews, and invest countercyclically in the coming years to be the reliable and trusted provider to our customers.”
National Energy Services Reunited Corp. (NASDAQ:NESR) provides oilfield services. The company’s operations are divided into the following segments: Production Services and Drilling & Evaluation Services.