5 Stocks Under $50 to Buy Now

In this article, we discuss 5 stocks under $50 to buy. If you want to see more stocks under $50 to buy, the risk/reward, and methodology of this list, go directly to 10 Stocks Under $50 to Buy Now.

5. Conagra Brands, Inc. (NYSE:CAG)

Number of Hedge Fund Holders: 33

Conagra Brands, Inc. (NYSE:CAG) is a consumer packaged goods company whose shares have almost doubled from 2012 although the stock has been fairly volatile on the way there. For the first quarter, the company reported EPS of $0.57 on revenue of $2.9 billion versus the consensus of $0.52 on sales of $2.85 billion. For FY23, Conagra Brands, Inc. (NYSE:CAG) sees adjusted EPS growth of 1% to 5% compared to fiscal 2022. 33 hedge funds in our database owned shares of Conagra Brands, Inc. (NYSE:CAG) at the end of Q3 2022, ranking the company #5 on our list of 5 Stocks Under $50 to Buy Now.