5 Cheap NYSE Stocks to Buy According to Analysts

3. Leidos Holdings Inc. (NYSE:LDOS)

Average Upside Potential: 49.99%

Leidos Holdings Inc. (NYSE:LDOS) is one of the cheap NYSE stocks to buy according to analysts. On May 21, Leidos was selected to modernize global IT systems for the US Department of State under the “Evolve” contract. Through this multiple-award indefinite delivery, indefinite quantity contract, which holds a $10 billion ceiling, Leidos will support the State Department’s globally dispersed infrastructure by enhancing cybersecurity, upgrading applications, and ensuring reliable connectivity for embassies and consulates worldwide.

The company received awards across four specific functional categories: cloud and data center services, application development, network and telecommunications, and customer/end-user support. Leidos intends to leverage its expertise in zero-trust security, AI-driven operations, and automated monitoring to improve information sharing and strengthen cyber defenses across the department’s network.

This contract aligns with Leidos’ “NorthStar 2030” strategic focus on digital transformation and customer-centric innovation. By implementing modernized infrastructure and resilient IT services, Leidos Holdings Inc. (NYSE:LDOS) aims to ensure that diplomats and embassy personnel have consistent, secure access to the critical data and systems required to support US diplomacy.

Leidos Holdings Inc. (NYSE:LDOS) offers services and solutions for government and commercial customers in the US. The company operates through segments including the National Security & Digital, Health & Civil, Commercial & International, and Defense Systems.

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