5 Best Stocks Under $50

In this article, we will be looking at the 5 best stocks under $50. If you want to read our detailed analysis of these stocks, go directly to the 12 Best Stocks Under $50.

5. Ford Motor Company (NYSE: F)

Number of Hedge Fund Holders: 49

Ford Motor Company (NYSE: F) is an automobile manufacturer that is also dabbling in the EV business. The company provides Ford trucks, cars, sport utility vehicles, EVs, and Lincoln luxury vehicles across the globe. It ranks 5th on our list of the best stocks under $50.

This June, Ford Motor Company (NYSE: F) EV sales were reported to have surged by 117%, setting a new all-time-high record for first-half sales with 56,570 vehicles sold. JP Morgan also upped its price target on the stock to a Street-high $18, with analyst Ryan Brinkman commenting that Ford Motor Company (NYSE: F) shares are attractive because of their valuation and the company’s new vehicle lineups. In the first quarter of 2021, Ford Motor Company (NYSE: F) had an EPS of $0.89, beating estimates by $0.68. The company’s revenue was $33.55 billion, up 7.06% year over year and beating estimates by $1.34 billion. The stock has a forward PE ratio of 11.31 and has gained 68.89% in the past 6 months and 75.23% year to date. Ford Motor Company (NYSE: F) also has a gross profit margin of 8.07%.

As of the end of the first quarter of 2021, 49 hedge funds out of the 866 tracked by Insider Monkey held stakes in Ford Motor Company (NYSE: F), with a total stake value of about $2.19 billion. This is compared to 41 hedge funds in the previous quarter, with a total stake value of roughly $1.65 billion.