15 Cheap Strong Buy Stocks to Buy Now

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10. Equitable Holdings, Inc. (NYSE:EQH)

Forward P/E: 8.84

Analyst Upside: 19%

Number of Hedge Fund Holders: 42

Equitable Holdings, Inc. (NYSE:EQH) is one of the best cheap strong buy stocks to buy now. On August 18, Morgan Stanley lowered the firm’s price target on Equitable Holdings, Inc. (NYSE:EQH) to $67 from $68, keeping an Overweight rating on the shares.

The firm told investors in a research note that it is updating its price targets for the stocks under its coverage in the Life Insurance segment after Q2 results.

It added that around half of the life insurers under its coverage surpassed expectations on a reported basis, while a majority beat expectations on a core basis.

The firm believes that the earnings beats were largely due to better-than-anticipated performance of macro-sensitive segments, selective favorable underwriting, or both.

Headquartered in New York, NY, Equitable Holdings, Inc. (NYSE:EQH) provides financial services. Its operations divided into the following segments: Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, Legacy, and Corporate and Other.

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