13 Cheap Stocks Under $50 to Buy Now

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2. Pfizer Inc. (NYSE:PFE)

Stock Price: $24.61

Forward P/E: 8.2

Number of Hedge Fund Holders: 99

Pfizer Inc. (NYSE:PFE) is one of the best cheap stocks under $50 to buy now. On July 10, Morgan Stanley analyst Terrence Flynn reiterated a hold rating on Pfizer Inc. (NYSE:PFE), setting a $32 price target.

The company declared a $0.43 fiscal Q3 2025 dividend on June 25 on its common stock, payable September 2 to holders of record at the close of business on July 25. The fiscal Q3 2025 cash dividend marks Pfizer Inc.’s (NYSE:PFE) 347th consecutive quarterly dividend.

Pfizer Inc. (NYSE:PFE) is a global biopharmaceutical company that manufactures, develops, markets, and sells biopharmaceutical products worldwide. It advances wellness, prevention, treatment, and cures in developing and emerging markets.

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