In this article, we will look at the 13 Best Growth Stocks Under $50 to Buy Now.
On September 8, Scott Chronert, Citi U.S. equity strategist, appeared on CNBC’s ‘The Exchange’ to talk about the current market environment, amongst other things.
His concern, for some time now, has been the notion that as we move further and further away from the pandemic episode, the broader consumption pictures are appearing as a “pretty big issue” and a potential headwind.
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In these circumstances, he stated that he thinks at some point one needs to see the Fed moving toward Fed neutral, which kind of came out in Chairman Powell’s talk at Jackson Hole. The inflation data, according to him, does not reflect what we would normally think of an overheated economic situation.
Chronert further stated that according to him, we are looking at ongoing transitory inflation effects that ultimately say “hey look, we’re okay on the earnings picture here.”
With these trends in view, let’s look at the best growth stocks under $50 to buy now.
Our Methodology
We used stock screeners to compile a list of top growth stocks with a stock price under $50 and chose the top 13 most popular among hedge funds as of Q2 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 September 8.
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).
13 Best Growth Stocks Under $50 to Buy Now
13. Enbridge Inc. (NYSE:ENB)
Stock Price: $48.26
Number of Hedge Fund Holders: 30
Enbridge Inc. (NYSE:ENB) is one of the best growth stocks under $50 to buy now. Barclays analyst Theresa Chen maintained a Hold rating on Enbridge Inc. (NYSE:ENB) on September 3, setting a price target of C$65.00.
Enbridge Inc. (NYSE:ENB) announced on September 2 that it reached a final investment decision on two attractive Gas Transmission projects. It signed a commercial agreement for the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement).
Management reported that this is anticipated to raise deliveries on Algonquin Gas Transmission pipeline to existing Local Distribution Company (LDC) customers in the US Northeast.
Enbridge Inc. (NYSE:ENB) further reported that through its Matterhorn joint venture, it made a final investment decision on the Eiger Express Pipeline (Eiger), which is “an up to 2.5 billion cubic feet per day (Bcf/d) pipeline from the Permian Basin to the Katy area to serve the growing U.S. Gulf Coast LNG market.”
Enbridge Inc. (NYSE:ENB) provides gas and oil. The company’s operations are divided into the following segments: Liquid Pipelines, Gas Distribution and Storage, Gas Transmission and Midstream, Renewable Power Generation, and Energy Services.
12. Infosys (NYSE:INFY)
Stock Price: $16.38
Number of Hedge Fund Holders: 30
Infosys (NYSE:INFY) is one of the best growth stocks under $50 to buy now. In a report released on September 3, Harry Read from Redburn Atlantic initiated coverage on Infosys (NYSE:INFY) with a Sell rating and a price target of $12.00.
In other news, Infosys (NYSE:INFY) announced a multi-year strategic collaboration with One Bright Kobe on September 2. One Bright Kobe operates Glion Arena Kobe, which is a new multi-purpose arena in Kobe, Japan.
Management reported that as part of the collaboration, Infosys (NYSE:INFY) would be Glion Arena Kobe’s Official Digital Innovation and GX (Green Transformation) partner.
The “strategic engagement” with Japan’s first entertainment arena, according to the company, is set to “revolutionize live entertainment and sports through advanced digital innovation and sustainable practices,” ushering in “a new era for live events” by leveraging the power of Infosys Cobalt.
Infosys Cobalt is a set of solutions, services, and platforms for enterprises to accelerate their cloud journey.
Infosys (NYSE:INFY) is a digital services and consulting company that provides end-to-end business solutions. The company’s operations are divided into the following segments: Financial Services, Retail, Communication; Energy, Utilities, Resources, and Services; Manufacturing, Hi-Tech, Life Sciences, and All Other.
