5 Best Cheapest Stocks to Buy on Robinhood

3. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Forward P/E: 8.06

Stock Upside: 28.79%

Number of Hedge Fund Holders: 51

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is one of the best cheapest stocks to buy on Robinhood. On March 10, UBS analyst Robin Farley reiterated a Neutral rating and a $27 price target on Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) following a management briefing on the company’s technology investments and strategic direction.

The key update from management was that the company completed Phase 1 of an upgraded revenue management system in late 2025. This system went live in January this year. Farley described the development as a meaningful step toward plugging one of the operational gaps that analysts have been watching closely since the abrupt CEO change last year.

Alongside that, Norwegian brought in a new Chief Technology Officer in mid-2025. The company also took a $95 million write-down in Q4 FY2025 on back-office IT systems. This is a one-time hit, separate from the revenue management overhaul, that management characterized as a clearing of the decks rather than a sign of ongoing tech dysfunction.

Going forward, management told UBS that it does not expect significant incremental technology spending. Investments will be targeted, marginal, and focused on customer-facing systems from pre-cruise booking through the end of the voyage, rather than broad capital expenditure increases, UBS was told. According to Farley, this matters given the company carries a heavy $15.5 billion total debt load, which in other words means any discretionary spending needs to be tightly justified.

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) operates cruise services under brands such as Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. It offers leisure travel across global destinations.