14 Best Cheap Stocks to Buy for Beginners

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11. Everest Group, Ltd. (NYSE:EG)

Forward P/E: 7.24

10-Year Revenue Growth: 11.66%

Number of Hedge Fund Holders: 38

Everest Group, Ltd. (NYSE:EG) is one of the best cheap stocks to buy for beginners. On September 4, Everest Group, Ltd.’s (NYSE:EG) insurance division Everest Insurance announced the launch of EverBuild™, which is an “enhanced Builder’s Risk coverage form”.

Management reported that the new offering highlights Everest Group, Ltd.’s (NYSE:EG) long-standing commitment to the construction industry with specialized and innovative solutions and focus on crafting coverage solutions evolving with the needs of its clients. William Hazelton, President, North America Insurance at Everest Group, Ltd. (NYSE:EG), stated the following about the announcement:

“We have built this form to provide clarity, flexibility, and resilience for today’s construction challenges, to support our clients as a trusted partner.”

Everest Group, Ltd. (NYSE:EG) provides reinsurance and insurance services. The company operates through the following segments: Reinsurance and Insurance.

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