14 Best Cheap Stocks to Buy for Beginners

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8. International Flavors & Fragrances Inc. (NYSE:IFF)

Forward P/E: 15.57

10-Year Revenue Growth: 13.91%

Number of Hedge Fund Holders: 45

International Flavors & Fragrances Inc. (NYSE:IFF) is one of the best cheap stocks to buy for beginners. On September 8, Wolfe Research upgraded International Flavors & Fragrances Inc. (NYSE:IFF) to Peer Perform from Underperform without assigning a price target.

The firm told investors in a research note that International Flavors & Fragrances Inc.’s (NYSE:IFF) current risk/reward warrants a less negative stance, adding that various facets of the firm’s previously bearish thesis have played out.

It believes that investors now have an understanding of the long-term risks the food ingredients companies are facing.

International Flavors & Fragrances Inc. (NYSE:IFF) manufactures and supplies fragrances and flavors used in the beverage, household products, food, and personal care industries.

The company’s operations are divided into the following segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.

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