13 Cheap Stocks Under $10 to Buy Now

7. Bausch Health Companies Inc. (NYSE:BHC)

Stock Price: $6.94

Forward P/E: 1.75

Number of Hedge Fund Holders: 28

Bausch Health Companies Inc. (NYSE:BHC) is one of the best cheap stocks under $10 to buy now. Bausch Health Companies Inc. (NYSE:BHC), along with its dental products business, announced the commercial expansion of OraPharma into Canada and Puerto Rico. Management reported that the strategic move highlights OraPharma’s commitment to bolster partnerships with dental professionals and local distributors in these markets, provide access to treatments in periodontal disease management, and improve oral health awareness.

OraPharma’s flagship product, Arestin®, is the only Food and Drug Administration (FDA) approved “applied antibiotic for use with scaling and root planing (SRP) as part of periodontal disease management”, indicated as an “as an adjunct to SRP for pocket depth reduction in adult periodontitis”.

Bausch Health Companies Inc. (NYSE:BHC) added that in Puerto Rico alone, 44.5% of older adults are living with moderate to severe periodontal disease, which highlights the need for improved access to treatment options in the region.

Bausch Health Companies Inc. (NYSE:BHC) develops, manufactures, and markets a range of generic, branded, and branded generic pharmaceuticals, over-the-counter products, and medical devices. The company’s operations are divided into the following segments: Salix, International, Solta Medical, Diversified Products, and Bausch + Lomb.