5 Cheap Stocks to Buy Under $20

4. Huntington Bancshares Incorporated (NASDAQ:HBAN)

Huntington Bancshares Incorporated (NASDAQ:HBAN) is one of the best cheap stocks to buy under $20. On April 23, Huntington Bancshares Incorporated (NASDAQ:HBAN) was upgraded to Neutral from Underweight by Piper Sandler, with the firm lifting the price target on the stock to $18 from $17. The rating update came after the company reported its earnings, with the firm stating that the company’s story is “in some transition”, and “it may still take some time for investors to get comfortable reengaging”. Piper added that it likes the heavier scrutiny of cost control, the introduction of repurchases, and loan growth getting “tuned” down to reflect macro uncertainty.

In its fiscal Q1 2026 results released on April 23, Huntington Bancshares Incorporated (NASDAQ:HBAN) reported that the Earnings per common share for the quarter were $0.25, lower by $0.05 from the prior quarter, and $0.09 lower than the year-ago quarter. Net interest income rose $299 million, or 19%, from the previous quarter and $465 million, or 33%, from the prior year period.

Huntington Bancshares Incorporated (NASDAQ:HBAN) is a bank holding company that provides full-service commercial and consumer deposit, lending, and other banking services. The company’s operations are divided into the Consumer and Regional Banking and Commercial Banking segments.