5 Best Strong Buy Stocks to Invest In Under $20

3. Grab Holdings Limited (NASDAQ:GRAB)

Grab Holdings Limited (NASDAQ:GRAB) is one of the best strong buy stocks to invest in under $20. Grab Holdings Limited (NASDAQ:GRAB) and Delivery Hero SE announced on March 23 the signing of an agreement for the former to acquire Delivery Hero’s foodpanda delivery business in Taiwan for a cash consideration of US$600 million. Management stated that the transaction is debt-free and cash-free, and will be subject to customary closing adjustments, with the acquisition subject to regulatory approvals and other customary closing conditions. It is anticipated to close in the second half of 2026.

Anthony Tan, CEO and co-founder of Grab Holdings Limited (NASDAQ:GRAB), stated that the acquisition marks the company’s official entry into the Taiwan market, which is its ninth operating market and the first outside of Southeast Asia. He added that the move marks a natural next step for the company, as its experience in Southeast Asia perfectly aligns with the Taiwanese market, which has an approximately 23 million population with a strong demand for mobile-first services that are similar to the Southeast Asian consumers Grab Holdings Limited (NASDAQ:GRAB) serves daily.

Grab Holdings Limited (NASDAQ:GRAB) provides millions of consumers access to its merchant and driver partners for food delivery, ride or taxi hailing, package delivery, payment for online purchases, and services such as telemedicine, lending, and insurance through its application.