In this article, we will look at the 7 Oversold Stocks to Buy Under $20.
On March 27, Scott Chronert, head of U.S. equity strategy at Citi Research, appeared on CNBC’s ‘Money Movers’ to talk about inflation concerns, the war in Iran, and more. He said that we are about a month into the saga, and expectations going into this a month ago were 4-6 weeks. He thus thinks that confidence is getting a little undermined here as a function of the back and forth, from an approach perspective. What goes with a lack of confidence is uncertainty, and so we have a market right now that is probably more comfortable reducing risk than not, just because there is no clear line of sight to resolution right now.
READ ALSO: 12 Undervalued Defensive Stocks for 2026 AND 10 Best Strong Buy Stocks to Invest In Under $20.
Chronert also argued that going into this conflict, you would have this element whereby equities should fundamentally be in a pretty decent place. However, as it protracts, the uncertainty increases. He was also of the view that the United States retains its position as the “best house in a tricky neighborhood’ amid war concerns.
With these broader market trends in view, let’s look at the best oversold stocks to buy under $20.
Our Methodology
We sifted through the Finviz stock screener to compile a list of oversold stocks under $20 that have declined by at least 25% over the past six months but for which analysts see potential to recover. We then selected 7 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of analyst upside. We have also added the hedge fund sentiment for each stock, as of Q4 2025.
Note: All data was recorded on March 27.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
7 Oversold Stocks to Buy Under $20
7. Bitmine Immersion Technologies, Inc. (NYSE:BMNR)
Bitmine Immersion Technologies, Inc. (NYSE:BMNR) is one of the best oversold stocks to buy under $20. On March 26, B. Riley lifted the price target on Bitmine Immersion Technologies, Inc. (NYSE:BMNR) to $33 from $30 while maintaining a Buy rating on the shares. The firm told investors in a research note that BitMine Immersion launched MAVAN, its institutional-grade Ethereum staking platform. According to B.Riley, this marks a notable shift from passive ETH treasury management to active staking infrastructure, with approximately 67% of holdings already staked and potential annualized rewards of roughly $285 million at full deployment.
It further pointed out the strong early adoption, adding that management has plans to expand MAVAN to additional chains and services, supporting incremental revenue, diversification, and upside to the company’s below-target multiple.
The rating update came after Bitmine Immersion Technologies, Inc. (NYSE:BMNR) announced the official launch of MAVAN (Made in America VAlidator Network), stating that it will be the largest Ethereum staking service provider across the globe, providing staking services for other proof-of-stake chains and blockchain infrastructure services.
Bitmine Immersion Technologies, Inc. (NYSE:BMNR) is a technology company that focuses on acquiring, holding, and actively managing ETH as its primary treasury reserve asset. The company prioritizes digital ecosystem services, such as consultancy and advisory works.
