5 Cheap Stocks to Buy for High Returns in 2026

In this piece we will look at the 5 Cheap Stocks to Buy for High Returns in 2026. Please visit 10 Cheap Stocks to Buy for High Returns in 2026, if you’d like to see an extended list and how we came up with the list of Cheap Stocks for High Returns in 2026.

5. ​Block, Inc. (NYSE:XYZ)

Block, Inc. (NYSE:XYZ) is one of the Cheap Stocks to Buy for High Returns in 2026. On March 5, Morgan Stanley reiterated an Overweight rating on the stock with a $93 price target. ​Analysts at Morgan Stanley noted that the CEO of the company has emphasized on the role of AI in simplifying operations, speeding up product development, and boosting internal efficiency.

The firm noted that this aligns with their view that AI improvements combined with faster growth and larger total addressable market lead to upside in earnings per share.

​Moreover, the firm also noted that Block, Inc. (NYSE:XYZ) has worked on expanding its Cash App offerings since early 2025. In Q4 2025 alone, the consumer lending originations improved 69% year-over-year, along with 223% year-over-year increase in Cash App Borrow.

Morgan Stanley noted that the company is well positioned to handle any disruptions despite reducing its organization by 40%. Moreover, the revamped products and development processes are already contributing to revenue acceleration and profitability gains.

Block Inc (NYSE:XYZ) is an American technology company that provides an array of financial services to merchants and consumers. Through its Square unit, it offers devices and software for checkout counters. It also offers loans and mines Bitcoin.