15 Cheap Strong Buy Stocks to Buy Now

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2. ConocoPhillips (NYSE:COP)

Forward P/E: 14.79

Analyst Upside: 19.01%

Number of Hedge Fund Holders: 72

ConocoPhillips (NYSE:COP) is one of the best cheap strong buy stocks to buy now. In a report released on August 21, Leo Mariani from Roth MKM maintained a Buy rating on ConocoPhillips (NYSE:COP) and set a price target of $108.00.

The rating update came after ConocoPhillips (NYSE:COP) reported its fiscal Q2 2025 earnings on August 7, with earnings per share for the quarter reaching $1.56 and adjusted earnings per share of $1.42.

Generated cash provided by operating activities was $3.5 billion, while cash from operations (CFO) in Q2 reached $4.7 billion. ConocoPhillips (NYSE:COP) also declared a Q3 ordinary dividend of $0.78 per share.

ConocoPhillips (NYSE:COP) is an exploration and production company that explores, transports, produces, and markets natural gas, crude oil, and bitumen.

It operates through the following geographical segments: Alaska, Lower 48, Canada, Europe, the Middle East, and North Africa, Asia Pacific, and Other International.

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