5 Cheap NASDAQ Stocks to Buy Right Now

4. T-Mobile US Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 76

T-Mobile US Inc. (NASDAQ:TMUS) is one of the cheap NASDAQ stocks to buy right now.

On May 21, T-Mobile announced that the new Motorola Razr family (consisting of the Motorola Razr, Razr+, and the all-new Motorola Razr fold) is coming to its network. The devices feature more durable designs, upgraded camera systems, and AI-powered personalization. Notably, the Motorola Razr fold is the first smartphone on T-Mobile’s network to utilize 6Rx technology and 5G Advanced capabilities, which can deliver up to 20% faster download speeds.

To mark the launch, T-Mobile is offering its most competitive device promotions to date. Customers can receive the Motorola Razr fold “on Us” (or up to $1,700 off an eligible device) when switching or adding a line on qualifying plans, with no trade-in required in some instances. The standard Motorola Razr is also available “on Us” (up to $800 off) with similar plan requirements.

The Motorola Razr and Razr fold are scheduled for release on May 28, with the Motorola Razr+ launching in the coming months. These devices will be supported by T-Mobile’s broader service benefits, which include 5G connectivity, travel perks, and streaming subscriptions such as Netflix and Hulu included in select plans.

T-Mobile US Inc. (NASDAQ:TMUS) is a telecom services company that offers wireless communications services, such as voice, messaging, and data, to postpaid, prepaid, and wholesale customers. The company also deals in wireless devices.