5 Stocks Under $20 That Will Explode

4. National Vision Holdings, Inc. (NASDAQ:EYE)

Number of Hedge Fund Holders: 28

National Vision Holdings, Inc. (NASDAQ:EYE), among the stocks under $20 that will explode, has 70.75% upside potential. The company is seeing fresh insider buying interest, and the move comes on the back of reaffirmed guidance and steady operational progress.

On June 10, 2026, TheFly reported that National Vision Holdings, Inc. (NASDAQ:EYE) director Michael Nicholson purchased 50,000 shares of common stock on June 5th, a transaction totaling $776,000, according to a regulatory filing. Shares were up 6% at $17.48 in early trading following the disclosure.

That came after National Vision Holdings, Inc. (NASDAQ:EYE) reaffirmed its fiscal 2026 outlook on June 3, 2026, during the William Blair 46th Annual Growth Stock Conference, TheFly reported. National Vision said it had completed the migration of its e-commerce platform across all brands and was seeing sequential improvement in online traffic after a temporary disruption tied to the re-platforming.

For the second quarter to date, adjusted comparable store sales growth has remained in the low single digits, and National Vision Holdings, Inc. (NASDAQ:EYE) expects similar growth for the full quarter, indicating modest but steady momentum in its core retail operations.

National Vision also said it has repurchased approximately $20 million of common stock under a $50 million buyback authorization approved effective March 2, 2026, which runs through December 28, 2030.

The reaffirmed outlook follows a solid first quarter, where net revenue rose 6.6% to $543.9 million and net income climbed to $31.2 million from $14.2 million a year earlier.

National Vision Holdings, Inc. (NASDAQ:EYE) is an optical retail company. It provides eye exams, prescription eyewear, contact lenses, and vision care services through brands such as America’s Best Contacts & Eyeglasses and Eyeglass World.