In this article, we will look at the 15 Best Undervalued Stocks Under $50 to Invest In Now.
On March 20, Tom Lee, Fundstrat, appeared on CNBC’s ‘Power Lunch’ to talk about his price target for the S&P and the potential of the market to rise higher. He reaffirmed his 7700 estimate, stating that it was a conservative estimate to start with. Markets have been steadily repricing on a P/E basis, and he is only assuming a modest P/E expansion to 7700. He was further of the view that, as much as the market has been creating a huge short-term setback and considerable uncertainty, including effects on monetary policy, ultimately, wars are going to be good for the US economy and the US stock market.
READ ALSO: 12 Best Long Term Stocks to Invest In According to Billionaires AND 11 Best Ethical Companies to Invest In Now According to Reddit.
Lee thus thinks that as we get to the end of the year, the markets stop thinking about the crisis element of it and focus more on the opportunity. Right now, investors can list a range of reasons about why they are worried and what could go wrong, and that is what gets priced in very quickly. It is important to know that this is counterbalanced by opportunities that have emerged. Looking at the last eight major war events, we can see that the market was always bottoming very early into the conflict.
With these broader market trends in view, let’s look at the best undervalued stocks under $50 to invest in now.
Our Methodology
We used the Finviz stock screener to compile a list of the best stocks under $50 with a forward P/E below 15 and selected the top 15 most popular among elite hedge funds as of Q3 2025. We sourced the hedge fund data from Insider Monkey’s database. The stocks are ranked in ascending order of hedge fund sentiment.
Note: All data was recorded on March 20.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
15 Best Undervalued Stocks Under $50 to Invest In Now
15. Equinor ASA (NYSE:EQNR)
Equinor ASA (NYSE:EQNR) is one of the best undervalued stocks under $50 to invest in now. Equinor ASA (NYSE:EQNR) announced on March 18 that it has awarded Bristow Norway AS a contract for helicopter services in Bergen, Norway, strengthening the helicopter capacity in Bergen. Two S‑92 helicopters are covered in the agreement, providing offshore transport services from Flesland Airport. The contract is set to commence on May 1, with a duration of one year and options for extension for a further two one‑year periods. Management further stated that the estimated contract value is approximately NOK 1.1 billion.
Equinor ASA (NYSE:EQNR) provided further context, stating that the company presently operates around 5,000 helicopter flights per year from Bergen Airport, Flesland, and is in agreement with Bristow for five helicopters in Bergen, which expires on 30 April. The terms of the new contract state that two of the existing helicopters will be continued, ensuring good continuity for both personnel and operations.
In a separate development, BofA adjusted the price target on Equinor ASA (NYSE:EQNR) to NOK 345 from NOK 260 on March 13, while maintaining a Neutral rating on the shares.
Equinor ASA (NYSE:EQNR) explores, transports, produces, refines, and markets petroleum and petroleum-derived products. The company’s operations are divided into the following segments: Exploration and Production Norway, Exploration and Production International, Exploration and Production USA, Marketing, Midstream, Processing, Renewables, and Other.
14. Vodafone Group Public Limited Company (NASDAQ:VOD)
Vodafone Group Public Limited Company (NASDAQ:VOD) is one of the best undervalued stocks under $50 to invest in now. On March 19, JPMorgan lifted the price target on Vodafone Group Public Limited Company (NASDAQ:VOD) to 85 GBp from 71 GBp and maintained an Underweight rating on the shares. In a separate development, Vodafone Group Public Limited Company (NASDAQ:VOD) announced the same day that Vodafone Procure & Connect opened its pan-European logistics hub in Bettembourg, Luxembourg, bolstering the company’s supply chain capabilities and supporting the maintenance and deployment of network infrastructure across Europe. Management further stated that the facility will function as a central distribution hub for critical telecoms equipment, including mobile, fibre, and fixed network infrastructure, while also supporting storage.
Vodafone Group Public Limited Company (NASDAQ:VOD) stated that the hub is located in Bettembourg’s logistics park, and thus would benefit from its strong transport links and strategic location in Luxembourg. The central position in Europe allows the company to reach all of its European markets within 24 hours, supporting the timely availability of equipment for network upgrades and new deployments.
Vodafone Group Public Limited Company (NASDAQ:VOD) is involved in the telecommunication services in Europe and internationally, offering mobile services that allow customers to text, call, and access data.
13. Sanofi (NASDAQ:SNY)
Sanofi (NASDAQ:SNY) is one of the best undervalued stocks under $50 to invest in now. Sanofi (NASDAQ:SNY) announced on March 18 that the US Food and Drug Administration (FDA) has granted Breakthrough Therapy designation to venglustat for the treatment of neurological manifestations of type 3 Gaucher disease, which is a rare lysosomal storage disorder. Venglustat is a novel, investigational oral glucosylceramide synthase inhibitor.
Management stated that the designation is based on data from the LEAP2MONO phase 3 study, in which patients who received venglustat exhibited statistically significant improvements in neurological symptoms measured by a global test score that included assessments for ataxia and cognition compared with patients receiving the enzyme replacement therapy, imiglucerase. It reported that the venglustat was overall well tolerated in the study, with no new safety signals compared with previous studies.
Sanofi (NASDAQ:SNY) added that the most commonly reported adverse events included headache, nausea, diarrhea, and spleen enlargement. Venglustat previously attained fast-track designation from the FDA for its potential use in GD3, as well as orphan designation for GD3 in the US, EU, and Japan. Sanofi (NASDAQ:SNY) also stated that it will pursue global regulatory filings for venglustat in GD3 during 2026.
Sanofi (NASDAQ:SNY) researches, produces, and distributes pharmaceutical products. The company’s operations are divided into the Pharmaceuticals, Consumer Healthcare, and Vaccines segments.
12. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is one of the best undervalued stocks under $50 to invest in now. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) announced on March 18 a new gas discovery in the Copoazu-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. Management stated that the discovery consolidates the gas province and the gas potential in the Colombian offshore, and also contributes a significant volume of gas to the region’s energy security.
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) reported that the Copoazu-1 well is located around 36 kilometers from the coast, at a water depth of 964 meters, and 8 kilometers from the Sirius-1 and Sirius-2 wells, which sheds light on its relevance within the exploratory context of Block GUA-OFF-0.
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) was downgraded to Hold from Buy by Jefferies on March 13, with the firm bringing the price target on the stock down to $19 from $20.30. The firm told investors that the rating update came after the Brazilian government announced a temporary 12% oil export tax, as well as a cut in fuel taxes and diesel subsidies as a means to contain the inflationary impact of the US-Israel war with Iran. Jefferies further noted that Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) could offset part of the export tax by improving refining margins, and added that the firm sees this news as materially removing its oil price leverage and ability to raise dividends.
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is involved in exploration, production, and distribution activities involving oil and gas. The company’s operations are divided into the following segments: Exploration and Production; Refining, Transportation, and Marketing; and Gas and Low Carbon Energies.
11. Prudential plc (NYSE:PUK)
Prudential plc (NYSE:PUK) is one of the best undervalued stocks under $50 to invest in now. On March 19, Deutsche Bank lifted the price target on Prudential plc (NYSE:PUK) to 1,440 GBp from 1,355 GBp and reiterated a Buy rating on the shares. In its financial results for the year ended December 31, 2025, Prudential plc (NYSE:PUK) reported that the company attained high-quality growth consistently through all four quarters of 2025, with growth being broad-based across markets and channels. It also delivered double-digit growth across key financial metrics, in line with the Group’s 2025 guidance, and added that new business profit on a traditional embedded value basis rose 12% to $2.782 billion and new business margin grew 2 ppts to 42 percent.
Prudential plc (NYSE:PUK) further reported that the earnings per share based on adjusted operating profit rose by 12% to 101.4 cents per share, with adjusted operating profit before tax up 5% to $3.306 billion. The 2025 total dividend was 26.60 cents per share, up 15%, with the 2025 second interim dividend of 18.89 cents per share.
Prudential plc (NYSE:PUK) provides life and health insurance, along with asset management services. The company’s offerings include life and medical insurance, retirement and pension solutions, savings and investment-linked products, wealth and asset management services, and protection products designed for both individuals and businesses. Its operations are divided into the following geographical segments: Hong Kong, Indonesia, Mainland China, Malaysia, Singapore, Growth Markets and Other.
10. Huntington Bancshares Incorporated (NASDAQ:HBAN)
Huntington Bancshares Incorporated (NASDAQ:HBAN) is one of the best undervalued stocks under $50 to invest in now. On March 16, DA Davidson cut the price target on Huntington Bancshares Incorporated (NASDAQ:HBAN) to $20 from $21 and reiterated a Buy rating on the shares. The firm told investors in a research note that although the stock has underperformed year-to-date and provided some execution risk of integrating two acquisitions, the management team boasts a proven track record on bank integrations.
Huntington Bancshares Incorporated (NASDAQ:HBAN) also received a rating update from Truist on March 13. The firm cut the price target on the stock to $19 from $21, maintaining a Buy rating on the shares. The rating update came as part of a broader research note on Regional Banks, and the firm told investors that it is updating its model after conference updates. It also cited the increased geopolitical and macro risk for the updates.
Morgan Stanley also updated the price target on Huntington Bancshares Incorporated (NASDAQ:HBAN) on March 2, raising it to $23 from $21 and reiterating an Overweight rating on the shares.
Huntington Bancshares Incorporated (NASDAQ:HBAN) is a bank holding company that provides full-service commercial and consumer deposit, lending, and other banking services. The company’s operations are divided into the Consumer and Regional Banking, and Commercial Banking segments.
9. Devon Energy Corporation (NYSE:DVN)
Devon Energy Corporation (NYSE:DVN) is one of the best undervalued stocks under $50 to invest in now. On March 17, TD Cowen lifted the price target on Devon Energy Corporation (NYSE:DVN) to $50 from $46 and maintained a Hold rating on the shares. The firm released the rating update as it updated exploration and production models following the fiscal Q4 reports.
In another development, Barclays lifted the price target on Devon Energy Corporation (NYSE:DVN) to $54 from $52 on March 13 while reiterating an Overweight rating on the shares. The firm told investors in a research note that it raised its 2026 oil price estimates on the Iran war, and believes that the cash flow tailwinds are still underappreciated for the exploration and production group. Barclays further stated that although the oil spike is not likely to last for long, the market is underappreciating the cash flow benefit and the “durable benefit” it will have on the group’s capacity to lift cash returns beyond the conflict.
Devon Energy Corporation (NYSE:DVN) is involved in the exploration, development, and production of oil and natural gas properties. The company operates and develops the Delaware Basin, Eagle Ford, Heavy Oil, Barnett Shale, STACK, and Rockies Oil.
8. Novo Nordisk A/S (NYSE:NVO)
Novo Nordisk A/S (NYSE:NVO) is one of the best undervalued stocks under $50 to invest in now. Bernstein initiated coverage of Novo Nordisk A/S (NYSE:NVO) with an Underperform rating and $175 price target on March 18. The firm told investors in a research note that the company’s earnings downgrade cycle is not over, adding that it believes Novo Nordisk’s (NYSE:NVO) catalyst path “looks bare.” It also said that the company’s weight loss drugs will underperform in the United States on lower volume share and more price deflation, contending that greater mix deterioration and margin contraction will be driven by the U.S. semaglutide compound patent expiration in 2032.
In another development, Novo Nordisk A/S (NYSE:NVO) announced on March 19 that the US Food and Drug Administration has approved Wegovy® HD to reduce excess body weight and maintain weight reduction long-term. Wegovy® HD was awarded a Commissioner’s National Priority Voucher by the FDA for accelerating its review and highlighting its potential to address critical patient needs and national health priorities in the United States.
Novo Nordisk A/S (NYSE:NVO) is a global healthcare company specializing in diabetes care. It develops, discovers, manufactures, and markets pharmaceutical products. Its operations are divided into two business segments: biopharmaceuticals and diabetes and obesity care. The latter segment covers GLP-1, insulin, and other protein-related products.
7. Hewlett Packard Enterprise Company (NYSE:HPE)
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best undervalued stocks under $50 to invest in now. Hewlett Packard Enterprise Company (NYSE:HPE) announced on March 17 the HPE AI Grid, which is an end-to-end solution built on the NVIDIA reference architecture aimed at securely connecting and distributing inference clusters across regional and far‑edge sites. It stated that the HPE AI Grid allows the deployment and operation of thousands of distributed inference sites by service providers, turning AI installations into a single intelligent system.
Hewlett Packard Enterprise Company (NYSE:HPE) further stated that predictable, low‑latency, distributed infrastructure is required by AI‑native applications, and the HPE AI Grid solution, which makes up a part of NVIDIA AI Computing by HPE portfolio, delivers predictable, ultra‑low latency performance at scale for real‑time AI services, zero‑touch provisioning, and automated security with integrated orchestration.
In another development, Hewlett Packard Enterprise Company (NYSE:HPE) announced on March 16 a significant expansion of the NVIDIA AI Computing by HPE portfolio. It stated that through its deep partnership and co-engineering with NVIDIA, HPE delivers an “advanced portfolio of integrated and validated systems that speed time to value for AI while addressing scale, security, and governance requirements”.
Hewlett Packard Enterprise Company (NYSE:HPE) is a global edge-to-cloud company that provides technology, information technology, and enterprise products, services, and solutions. The company’s operations are divided into the following segments: Server, Hybrid Cloud, Intelligent Edge, Financial Services, and Corporate Investments and Other.
6. The Kraft Heinz Company (NASDAQ:KHC)
The Kraft Heinz Company (NASDAQ:KHC) is one of the best undervalued stocks under $50 to invest in now. The Kraft Heinz Company (NASDAQ:KHC) announced on March 18 a five-year global partnership with the National Football League, making it the first-ever global condiment partner of the NFL. Management stated that the partnership aims to unlock premium stadium and gameday visibility, limited-edition packaging, integrated co-branded marketing, and immersive retail activities.
The Kraft Heinz Company (NASDAQ:KHC) further stated that the partnership accelerates the NFL’s continued international expansion, with The Kraft Heinz Company (NASDAQ:KHC) attaining access to select overseas games.
Reuters also reported on March 18 that The Kraft Heinz Company (NASDAQ:KHC) and Unilever were recently in talks over a potential merger of parts of their food businesses, according to a report by the Financial Times. However, it said that the discussions, which spanned around combining The Kraft Heinz Company’s (NASDAQ:KHC) condiments and Unilever’s food division business, have since ended. It added that both companies declined Reuters’ request for a comment.
The Kraft Heinz Company (NASDAQ:KHC) manufactures and distributes packaged food and beverages worldwide. Its offerings include cheese and dairy products, meals, tomato products, condiments, meats, sauces, refreshment beverages, and more. Its geographical segments of operation include North America and International Developed Markets.
While we acknowledge the potential of KHC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KHC and that has 100x upside potential, check out our report about the cheapest AI stock.
Click to continue reading and see the 5 Best Undervalued Stocks Under $50 to Invest In Now.
Disclosure: None. Follow Insider Monkey on Google News.
