In this article, we will list the 5 Best Large Cap Penny Stocks Under $10 to Buy Now. Please visit 10 Best Large Cap Penny Stocks Under $10 to Buy Now if you would like to see the extended list and the methodology behind it.
5. Lloyds Banking Group PLC (NYSE:LYG)
Market Cap: $79.53 Billion
Stock Price: $5.44
Number of Hedge Fund Holders: 16
Upside Potential: 23.95%
Lloyds Banking Group PLC (NYSE:LYG) is one of the best large cap penny stocks under $10 to buy now. Lloyds Banking Group PLC (NYSE:LYG) reported strong Q1 2026 results and reiterated its upbeat outlook for the rest of the year.
It posted an after-tax profit of £1.6 billion, representing an increase of 37% YoY. The quarter was supported by higher interest rates and continued cost discipline. The bank’s loans to large businesses increased 10%, while loans to consumers jumped 15% in the first three months of 2026.
The bank is in the process of developing other income sources outside interest earnings tied to its traditional lending business. This effort was launched in 2022, and it entered its final year in 2026. This strategic plan includes building fee-based income sources. The bank’s other income, from sources like fees, increased 11% YoY in Q1, outpacing the 8% growth of net interest income.
Investments, insurance, and pensions management are a big part of the bank’s other income. Lloyds Banking said income from these businesses surged 22% in Q1. This growth was supported by the bank’s acquisition of Schroders Personal Wealth in Q4.
Looking ahead, the bank expects its full-year 2026 underlying net interest income to exceed £14.9 billion and return on tangible equity to be greater than 16%.
Lloyds Banking Group PLC (NYSE:LYG) is a leading UK-based financial services group. It provides a broad range of banking and financial services to retail and commercial customers. The group includes household brands such as Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows.
4. Snap Inc (NYSE:SNAP)
Market Cap: $10.25 Billion
Stock Price: $6.07
Number of Hedge Fund Holders: 52
Upside Potential: 34.18%
Snap Inc (NYSE:SNAP) is one of the best large cap penny stocks under $10 to buy now. This social media stock has gained more than 20% over the past month.
On April 28, Snap Inc (NYSE:SNAP) and Experian announced a partnership on AI-powered ads. This arrangement involves Experian bringing its trusted financial information directly to the Snapchat app. With this integration, Snapchat users can ask questions about a variety of financial topics and get responses within the app.
Experian provides credit reports and offers tools that help consumers manage their financial health and protect their identity. According to Experian, consumers are increasingly turning to social media and digital spaces to talk about finances, so it has partnered with Snap to make financial education more accessible.
The Snap-Experian partnership on financial education content is built around AI Sponsored Snaps, a conversational advertising format. According to Snap, AI Sponsored Snaps offers a new way for businesses to show up in Snapchat conversations through AI agents that users can interact with naturally.
Snap’s AI Sponsored Snaps ads format is itself an expansion of the company’s Sponsored Snaps advertising program. According to Snap, Sponsored Snaps has had strong momentum, driving more conversions at lower costs. AI Sponsored Snaps allow brands to bring their own AI agents to the platform. Snapchat has nearly a billion monthly active users.
Snap Inc (NYSE:SNAP), based in California, is a technology and social media company founded in 2011. Snap is best-known for its Snapchat platform for sharing disappearing photos and videos. The company also makes AR glasses under the Spectacles brand.
3. Blue Owl Capital Inc (NYSE:OWL)
Market Cap: $15.20 Billion
Stock Price: $9.75
Number of Hedge Fund Holders: 47
Upside Potential: 46.40%
Blue Owl Capital Inc (NYSE:OWL) is one of the best large cap penny stocks under $10 to buy now. On April 30, Blue Owl Capital Inc (NYSE:OWL) reported Q1 2026 results that smashed expectations. The company’s assets under management also ballooned. Blue Owl Capital’s management said the current market trends favor the company because of its patient capital and longer duration.
Revenue of $753.8 million increased 10% YoY and surpassed the Street’s forecast of $689.7 million. Adjusted EPS of $0.19 increased from $0.17 in the same period a year ago and beat the consensus estimate of $0.18. Meanwhile, assets under management (AUM) increased 15% YoY to $314.9 billion.
During Q1, Blue Owl Capital returned $25 million to shareholders through share repurchases. It exited the quarter with around $1.3 billion in available liquidity, consisting of $190 million in cash and $1.1 billion in revolving credit facility.
Commenting on the Q1 results, Blue Owl Capital co-CEO Doug Ostrover and Marc Lipschultz said in a statement that the performance demonstrates the power of the company’s differentiated and scaled platforms. The executives noted that each of the company’s three business lines contributed to the expansion of AUM, which has more than tripled in just about four years.
Headquartered in New York City, Blue Owl Capital Inc (NYSE:OWL) is an alternative investment asset management company. It operates through three business lines, namely credit, real assets, and GP Strategic Capital. Providing private capital solutions to businesses is one of the company’s well-known operations.
2. Haleon PLC (NYSE:HLN)
Market Cap: $40.59 Billion
Stock Price: $9.24
Number of Hedge Fund Holders: 20
Upside Potential: 49.68%
Haleon PLC (NYSE:HLN) is one of the best large cap penny stocks under $10 to buy now. Haleon PLC (NYSE:HLN) reported its Q1 2026 results on April 29. The results showed strong growth in the oral health segment and difficulties in the digestive health, respiratory health, and pain relief segments. But even with that, the management is sticking with its full-year 2026 guidance.
Haleon’s organic revenue 2.2% YoY to £2.86 billion. By geography, the company recorded its strongest organic sales growth of 4% in the Asia Pacific region. The North American segment registered an organic growth of 1%. In the Middle East, where Haleon generates 5% of its sales, the regional conflict had no impact on the business.
The company continued to see stronger growth in its emerging markets compared to developed markets at 4.3% versus 1%.
In terms of product segments, the oral health division recorded the strongest organic growth at 8.3%, followed by therapeutic skin health and other at 3%. The oral health segment sales were driven by double-digit growth in Sensodyne and Parodontax sales.
Looking ahead, the Haleon management reiterated the full-year 2026 organic growth forecast of 3% to 5%. The management also expects the operating profit to grow at a high single-digit rate. On shareholder returns, Haleon allocated £500 million to share repurchases in 2026.
Haleon PLC (NYSE:HLN) is a British multinational company that manufactures consumer health products. It manufactures and sells products for oral health, digestive health, respiratory health, and pain relief. Its brands include Panadol painkiller and Sensodyne toothpaste. The company also provides vitamins and supplements.
1. Grab Holdings Ltd (NASDAQ:GRAB)
Market Cap: $15.66 Billion
Stock Price: $3.82
Number of Hedge Fund Holders: 61
Upside Potential: 72.03%
Grab Holdings Ltd (NASDAQ:GRAB) is one of the best large cap penny stocks under $10 to buy now. Grab Holdings CEO Anthony Tan told Reuters on April 8 that when they make things more affordable on the company’s superapp platform, orders increase. Tan’s point is that affordability impacts Grab’s business.
Affordability became an issue for Grab when the Iran conflict led to a spike in fuel costs. Tan believes that AI-enabled products and services can drive growth for the company. Tan said that from what they have seen, the AI-led product strategy is paying off, and so they want to double down in this area.
Tan spoke with Reuters on the same day the company launched 13 new AI products at an event in Indonesia, which is Grab’s largest market. Among these products is a “group ride” feature that can save travel parties up to 40% on ride-hailing fares. The feature uses AI to calculate fare splits more precisely for groups of travelers.
In addition to the capabilities that AI brings, Tan noted that Grab’s scale is a major advantage. Among other things, that scale allows the company to generate massive amounts of data that it can lean on to drive growth with AI-led products.
Amid its affordability push, Grab on April 1 announced the launch of an autonomous ride service in partnership with WeRide in Singapore.
Grab Holdings Ltd (NASDAQ:GRAB) operates a mobile platform that connects consumers with businesses for a wide range of services. The platform, built as a superapp, provides services like ride-hailing, food delivery, and digital financial services. Grab is based in Singapore but operates across multiple Asian countries.
While we acknowledge the potential of GRAB 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 GRAB and that has 100x upside potential, check out our report about the cheapest AI stock.
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