5 Best Cheapest Stocks to Buy on Robinhood

2. United Airlines Holdings, Inc. (NASDAQ:UAL)

Forward P/E: 7.89

Stock Upside: 45.93%

Number of Hedge Fund Holders: 79

United Airlines Holdings, Inc. (NASDAQ:UAL) is one of the best cheapest stocks to buy on Robinhood. On March 17, United Airlines Holdings, Inc. (NASDAQ:UAL) CEO Scott Kirby and CFO Mike Leskinen presented at the J.P. Morgan Industrials Conference in Washington, D.C. In the presentation, Kirby laid out United’s strategy to fully offset a $4.6 billion fuel cost increase through revenue recovery. He also expressed confidence the airline could grow earnings even in a sustained high-oil-price environment.

According to Kirby, the fuel shock is real and sudden. For instance, jet fuel has surged to $3.93 per gallon, up from $2.50 just before the US-led attack on Iran. This has created a $400 million headwind in Q1 2026 alone.

That reality aside, Kirby noted that demand has not flinched. He stated that United recorded its 10 largest booking weeks in history during Q1 2026, and March revenue per available seat mile, or RASM, is tracking up 14%. This figure, said Kirby, reflects both strong underlying demand and the industry’s rapid success in passing fuel costs through to ticket prices via two fare hikes and international fuel surcharges.

Kirby also touched on United’s response to higher fuel prices. He said that the airline is reducing overall capacity while simultaneously increasing aircraft size. The target is to increase average seats per departure at North American hubs from 132 to 170-180, Kirby said. The company hopes that this strategy will spread fixed costs across more passengers per flight and improve unit economics without sacrificing network reach.

United Airlines Holdings, Inc. (NASDAQ:UAL) provides passenger and cargo air transportation services through its domestic and international flight network. Its offerings include scheduled flights, loyalty programs, cargo logistics, and maintenance operations.