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.
10. Marex Group plc (NASDAQ:MRX)
Forward P/E: 9.28
Analyst Upside: 50.20%
Number of Hedge Fund Holders: 22
Marex Group plc (NASDAQ:MRX) is one of the top cheap stocks that will go to the moon according to Reddit. On August 14, Barclays lowered the firm’s price target on Marex Group plc (NASDAQ:MRX) to $50 from $52, keeping an Overweight rating on the shares. The rating update came after Marex Group plc (NASDAQ:MRX) reported its fiscal Q2 report.
The firm told investors in a research note that Marex Group plc (NASDAQ:MRX) reported an earnings beat in the quarter, with sales momentum extending into July.
It believes that the company also offered a strong rebuttal to a recent short report, delivering answers to several key questions.
Marex Group plc (NASDAQ:MRX) provides brokerage services for financials, commodities, and foreign exchange. Its operations are divided into the following segments: Clearing, Agency and Execution, Market Making, Hedging and Investment Solutions, and Corporate.
9. CleanSpark, Inc. (NASDAQ:CLSK)
Forward P/E: 6.12
Analyst Upside: 101.86%
Number of Hedge Fund Holders: 23
CleanSpark, Inc. (NASDAQ:CLSK) is one of the top cheap stocks that will go to the moon according to Reddit. On August 8, B. Riley lifted the firm’s price target on CleanSpark, Inc. (NASDAQ:CLSK) to $17 from $16 while keeping a Buy rating on the shares.
The firm told investors that it updated its model for CleanSpark, Inc. (NASDAQ:CLSK) after its fiscal Q3 report was released on August 7.
CleanSpark, Inc. (NASDAQ:CLSK) reported $198.6 million in quarterly revenue, up 91% from the previous year. Net income for Q3 was $257.4 million. Management reported that the company held 12,703 bitcoin in treasury, with more than 1 GW of power under contract.
Zach Bradford, CEO of CleanSpark, Inc. (NASDAQ:CLSK), stated that Q3 2025 marked the “most successful quarter” in the company’s history, supported by its execution discipline.
He added that the company reached 50 EH/s of operational hashrate in June, making CleanSpark, Inc. (NASDAQ:CLSK) the first public company to attain this milestone exclusively with American infrastructure. The company also attained record basic EPS of $0.90, and grew its bitcoin treasury to over $1 billion in value.
CleanSpark, Inc. (NASDAQ:CLSK) is a bitcoin mining company that independently owns and operates data centers across the US, with locations in Georgia, Mississippi, Tennessee, and Wyoming.
CleanSpark, Inc. (NASDAQ:CLSK) has a range of subsidiaries, including ATL Data Centers LLC, CleanBlok, Inc., CleanSpark DW, LLC, CleanSpark GLP, LLC, and more.
8. LexinFintech Holdings Ltd. (NASDAQ:LX)
Forward P/E: 3.84
Analyst Upside: 71.23%
Number of Hedge Fund Holders: 26
LexinFintech Holdings Ltd. (NASDAQ:LX) is one of the top cheap stocks that will go to the moon according to Reddit. LexinFintech Holdings Ltd. (NASDAQ:LX) announced its unaudited financial results for fiscal Q2 2025 on August 7, reporting a revenue of RMB 3.59 billion, up 15.6% quarter-over-quarter.
Profit (Non-GAAP EBIT) for the quarter reached RMB 670 million, up 15.2% quarter-over-quarter and 116.4% year-over-year.
Management reported that Q2 profit was “the highest in 14 quarters, marking the fifth straight quarter of sequential growth, while multiple core business indicators continued to improve.”
Headquartered in Shenzhen, China, LexinFintech Holdings Ltd. (NASDAQ:LX) is involved in the business of matching consumers with credit needs with its financial institution partners via its proprietary platform and mobile application.
7. Qfin Holdings, Inc. (NASDAQ:QFIN)
Forward P/E: 4.85
Analyst Upside: 59.64%
Number of Hedge Fund Holders: 33
Qfin Holdings, Inc. (NASDAQ:QFIN) is one of the top cheap stocks that will go to the moon according to Reddit. Qfin Holdings, Inc. (NASDAQ:QFIN) announced its fiscal Q2 2025 results on August 14, reporting that as of June 30 its platform “connected 165 financial institutional partners and 275.8 million consumers with potential credit needs, cumulatively, an increase of 11.4% from 247.6 million a year ago.”
It added that cumulative users with approved credit lines were 60.2 million as of June 30, reflecting a growth of 12.3% from 53.6 million as of the same period last year.
The company also reported that cumulative borrowers with successful drawdown, including repeat borrowers, reached 36.8 million, reflecting a growth of 14.9% from 32.0 million as of June 30, 2024.
Qfin Holdings, Inc. (NASDAQ:QFIN) provides AI-empowered Credit-Tech platform. The company’s offerings include a range of technology services, including preliminary credit assessment, borrower acquisition, post-facilitation services, and more.
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.
5. SM Energy Company (NYSE:SM)
Forward P/E: 4.75
Analyst Upside: 51.63%
Number of Hedge Fund Holders: 37
SM Energy Company (NYSE:SM) is one of the top cheap stocks that will go to the moon according to Reddit. On August 1, Mizuho raised the firm’s price target on SM Energy Company (NYSE:SM) to $44 from $42, keeping an Outperform rating on the shares.
The firm told investors that it believes the company’s Q2 should bring more confidence in its potential to execute on the Uinta integration.
SM Energy Company (NYSE:SM) reported record net quarterly production of 19.0 MMBoe, or 209.1 MBoe/d, in Q2 2025, exceeding expectations at 5% above the midpoint of guidance.
SM Energy Company (NYSE:SM) also paid down its revolving credit facility balance to zero, ending the quarter with a $101.9 million cash balance. Management stated that the company expects to attain its target leverage metric of 1.0x by year-end at current commodity prices.
SM Energy Company (NYSE:SM) is an independent energy company that engages in the exploration, development, acquisition, and production of gas, oil, and natural gas liquids.
4. Acadia Healthcare Company, Inc. (NASDAQ:ACHC)
Forward P/E: 8.26
Analyst Upside: 44.44%
Number of Hedge Fund Holders: 42
Acadia Healthcare Company, Inc. (NASDAQ:ACHC) is one of the top cheap stocks that will go to the moon according to Reddit. On August 14, Mizuho analyst Ann Hynes lowered the firm’s price target on Acadia Healthcare Company, Inc. (NASDAQ:ACHC) to $22 from $32, keeping a Neutral rating on the shares.
The rating update came after Acadia Healthcare Company, Inc. (NASDAQ:ACHC) reported fiscal Q2 results that missed consensus estimates when excluding the incremental effect of direct provider payments in the quarter.
The firm slashed its 2025-2027 adjusted EBITDA estimates and is staying on the sidelines, attributing the stance to “execution missteps” and uncertainty regarding the effects of the ongoing Medicaid Redeterminations and the One Big Beautiful Bill Act.
Acadia Healthcare Company, Inc. (NASDAQ:ACHC) provides behavioral healthcare services across the US in various settings, including inpatient psychiatric hospitals, residential treatment centers, specialty treatment facilities, and outpatient clinics.
3. Lantheus Holdings, Inc. (NASDAQ:LNTH)
Forward P/E: 9.58
Analyst Upside: 60.81%
Number of Hedge Fund Holders: 43
Lantheus Holdings, Inc. (NASDAQ:LNTH) is one of the top cheap stocks that will go to the moon according to Reddit. Truist downgraded Lantheus Holdings, Inc. (NASDAQ:LNTH) to Hold from Buy on August 11, slashing the price target to $63 from $111.
The firm told investors that while it “appreciates” the stock’s selloff reflects “a lot of Pylarify uncertainty already,” it is of the view that the multiple is likely to be connected to Pylarify trends. It sees quarter-over-quarter and year-over-year deceleration for “at least” another two quarters.
The firm added that while it still sees “underappreciated value” to the long-term pipeline, it also thinks that shares could “mark time” for the coming six months or so until clarity appears that H2 is the bottom for Pylarify after two quarters of misses and lowering associated with it.
Lantheus Holdings, Inc. (NASDAQ:LNTH) provides diagnostic imaging and nuclear medicine products, developing products that support healthcare professionals in patient management and outcomes and help clinicians detect cardiovascular disease. The company’s operations are divided into the U.S. and International geographical segments.
2. Charter Communications, Inc. (NASDAQ:CHTR)
Forward P/E: 7.29
Analyst Upside: 57.06%
Number of Hedge Fund Holders: 59
Charter Communications, Inc. (NASDAQ:CHTR) is one of the top cheap stocks that will go to the moon according to Reddit. In a report released on August 12, Laurent Yoon from Bernstein reiterated a Buy rating on Charter Communications, Inc. (NASDAQ:CHTR), setting a price target of $380.00.
Charter Communications, Inc. (NASDAQ:CHTR) reported its fiscal Q2 results on July 25, with total Internet customers decreasing by 117,000. Total mobile lines for the quarter rose by 500,000.
As of June 30, Charter Communications, Inc. (NASDAQ:CHTR) serves 29.9 million Internet customers, 10.9 million mobile lines, and 31.2 million customer relationships (excluding mobile-only relationships).
Charter Communications, Inc. (NASDAQ:CHTR) also reported that revenue for Q2 rose 0.6% year-over-year to $13.8 billion, supported by residential mobile service revenue growth of 24.9%, residential Internet revenue growth of 2.8%, and other revenue growth of 18.9%.
Charter Communications, Inc. (NASDAQ:CHTR) provides broadband communications services. The company’s offerings include Spectrum TV, Spectrum Internet, and Spectrum Voice.
Charter Communications, Inc. (NASDAQ:CHTR) also offers data networking, business-to-business Internet access, video and music entertainment services, business telephone, and wireless backhaul.
1. Novo Nordisk A/S (NYSE:NVO)
Forward P/E: 13.24
Analyst Upside: 52.91%
Number of Hedge Fund Holders: 60
Novo Nordisk A/S (NYSE:NVO) is one of the top cheap stocks that will go to the moon according to Reddit. On August 13, BNP Paribas Exane upgraded Novo Nordisk A/S (NYSE:NVO) to Neutral from Underperform with a $54 price target.
The firm told investors that it sees a more balanced risk/reward now that the company’s “reality” is better reflected in the shares.
Novo Nordisk A/S (NYSE:NVO) announced results for the January 1 to June 30 period on August 6, reporting an operating profit growth of 25% in Danish kroner and 29% at constant exchange rates (CER) to DKK 72.2 billion.
Management also stated that sales in US Operations rose by 16% in Danish kroner (17% at CER), while sales in International Operations grew by 16% in Danish kroner (19% at CER).
Novo Nordisk A/S (NYSE:NVO) is a global healthcare company specializing in diabetes care. It develops, discovers, manufactures, and markets pharmaceutical products.
Its operations are divided into two business segments: biopharmaceuticals and diabetes and obesity care. The latter segment covers GLP-1, insulin, and other protein-related products.
While we acknowledge the potential of NVO 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 NVO and that has 100x upside potential, check out our report about this cheapest AI stock.
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