In this article, we will look at the 7 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts.
On March 30, Reuters reported that all the major U.S. indexes fell on Monday after the U.S. President issued new warnings to Iran. These new warnings offset the optimism investors had gained following the President’s comments on talks between the two countries. Rick Meckler, a partner at Cherry Lane Investments, told Reuters that markets could be forming a new technical bottom as a result of the recent sell-off, primarily due to the spike in oil prices, inflation fears, and mixed messages from the administration.
Since the start of the war, the Dow, the Nasdaq, and the small-cap Russell 2000 have all marked at least a 10% decline from record highs. Moreover, on Monday, March 30, the semiconductor index (SOX) and the S&P 500 lost 4.2% and 0.39%, respectively. On the bright side, the Dow Jones Industrial Average marked a slight increase of 0.11% to 45,216.14 points.
Moreover, a recent report by the S&P Global titled Economic Outlook U.S. Q2 2026 forecasts the US GDP to grow by around 2.2% in 2026. The report anticipates the GDP growth rate to average around 1.9% from 2027 to 2029, on the condition that the war and oil crises are resolved within the year.
Now that we have looked at the economic outlook, let’s take a look at the 7 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts.
Our Methodology
We used screeners to identify stocks that are trading below a forward P/E of 15, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
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 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts
7. PDD Holdings Inc. (NASDAQ:PDD)
Number of Hedge Fund Holders: 67
Analyst Upside Potential: 45.64%
PDD Holdings Inc. (NASDAQ:PDD) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 27, ICBCI lowered its price target on PDD Holdings Inc. (NASDAQ:PDD) to $134 and maintained an Outperform rating on the shares.
The rating comes after the company reported its fiscal Q4 2025 earnings on March 25. The company grew its revenue by 17.66% year-over-year to $17.96 billion, but fell short of the consensus by $155.77 million. The EPS of $2.56 also fell short of the expectations by $0.49.
The firm noted that the revenue growth was driven by transaction service revenue, which grew 19% year-over-year to RMB 63.9 billion. The segment growth was driven by Temu’s global momentum and a favorable competitive environment for the Duo Duo Grocery platform. ICBCI noted that near‑term profitability remains under pressure as the company executes its multi‑year domestic supply‑chain initiatives. The initiative includes free village delivery, agricultural origination, and the newly launched “Xin Pin Mu” brand incubation platform.
PDD Holdings Inc. operates a diversified global e-commerce ecosystem focused on connecting consumers and merchants through technology-enabled platforms.
6. Wells Fargo & Company (NYSE:WFC)
Number of Hedge Fund Holders: 72
Analyst Upside Potential: 29.55%
Wells Fargo & Company (NYSE:WFC) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 25, David Chiaverini from Jefferies initiated coverage of Wells Fargo & Company with a Buy rating and a $100 price target.
The firm noted that Wells Fargo is starting a multi-year recovery in return on tangible common equity after regulators lifted its asset cap in June 2025 and ended key consent orders. The firm highlighted that the removal of the asset cap allows the company to compete equally with its peers. It also ends prior growth restrictions from a 2018 Federal Reserve action. Chiaverini noted that this transition supports future balance sheet expansion by removing limits on assets and deposits. Moreover, Jefferies anticipates lower operating costs from reduced compliance burdens and an upward trend in fee income as the bank pursues growth opportunities.
Separately, on March 26, Wells Fargo & Company announced that its AI-powered virtual assistant called Fargo has processed over 1 billion customer interactions since its 2023 launch. Moreover, the bank also reported exceeding 33 million mobile active users last month, highlighting strong digital adoption.
Wells Fargo & Company provides consumer banking, commercial banking, investment, and mortgage services across the United States. Its products include checking and savings accounts, credit cards, auto loans, small business lending, and wealth management solutions.
5. American Express Company (NYSE:AXP)
Number of Hedge Fund Holders: 83
Analyst Upside Potential: 30.36%
American Express Company (NYSE:AXP) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 23, Truist Securities lowered its price target on American Express Company (NYSE:AXP) from $400 to $360 and maintained a Buy rating on the stock.
The firm noted that they raised EPS estimates for 2026 by 1% to $18, while lowering the adjusted Q1 2026 variable customer engagement ratio to 45% from 46%. The firm expects further decline to around 44% for the full-year and has also reduced the net charge-off ratio to 2.1% based on recent data.
Trusit highlighted two main concerns from the investors, which led to the reduced estimates. These include risk-weighted asset inflation and impacts from white-collar job displacement. The firm noted that as a de facto Category II bank, American Express faces some Risk-Weighted Assets (RWA) inflation. Truist expects it to stay within the 10% to 11% target range by 2027. However, uncertainty lingers around the operational risk add-on tied to credit line income.
American Express Company is a major bank holding company that offers a full digital payments network, including credit cards, charge cards, and financing alternatives.
4. The Charles Schwab Corporation (NYSE:SCHW)
Number of Hedge Fund Holders: 104
Analyst Upside Potential: 32.09%
The Charles Schwab Corporation (NYSE:SCHW) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 13, The Charles Schwab Corporation (NYSE:SCHW) was reiterated by Truist Securities with a $122 price target.
The firm highlighted strong revenue growth drivers for the company, but noted that its asset growth momentum stays slightly below the company’s and Wall Street’s expectations. Analyst at Truist noted that the company reached a record 9.9 million daily average revenue trades in February, reflecting increased commissions and execution‑related revenue.
In addition, the firm highlighted that after adjusting for a one‑time $17.5 billion mutual‑fund‑related outflow, the core net new assets growth was about 4.7% on a seasonally adjusted annualized basis. However, quarterly-to-date data suggests that core NNA growth has stayed below 5%, meaning that Schwab is slightly below the Street’s expectation for the Q1 2026 asset growth theme. Wall Street expects $148 billion core NNA growth for Q1 2026. The firm noted that to reach this, Schwab needs to deliver a meaningful acceleration in inflows in March.
The Charles Schwab Corporation is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services.
3. The Walt Disney Company (NYSE:DIS)
Number of Hedge Fund Holders: 113
Analyst Upside Potential: 42.83%
The Walt Disney Company (NYSE:DIS) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 24, Goldman Sachs reiterated a Buy rating on The Walt Disney Company (NYSE:DIS) with a $151 price target.
The rating comes ahead of the company’s fiscal Q2 2026 earnings, expected to be released on May 6, 2026. The firm expects the company to post an EPS of $1.49 versus a Visible Alpha consensus of $1.52, while the EBIT is expected at $4.48 billion versus a consensus of $4.45 billion, implying slightly better operating profitability than the street.
Moreover, Goldman also expects continued operating leverage in the Direct to Consumer segment, driven by the launch of Zootopia 2 and an increase in subscription prices, which the firm notes help margins without needing large new subscriber growth. Goldman said in a research note that they see streaming becoming incrementally more profitable as fixed costs are spread over a larger, more engaged user base.
Walt Disney Co is a premier global entertainment conglomerate that produces and distributes film and television content, operates theme parks, resorts, and cruise lines, and manages direct-to-consumer streaming services like Disney+, Hulu, and ESPN+.
2. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 115
Analyst Upside Potential: 40.54%
Salesforce, Inc. (NYSE:CRM) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 27, Salesforce, Inc. (NYSE:CRM) announced a partnership between its newly launched Agentforce Contact Center and Bandwidth Inc. Bandwidth is a cloud communications provider. The partnership aims to deliver infrastructure for the Salesforce Contact Center.
The line between CRM software and traditional contact centers and AI agents is blurring as companies shift to unified cloud systems that link customer data directly to real-time interactions. Salesforce’s Agentforce is a CRM-embedded tool that uses AI for smarter and personalized customer conversations.
As part of this collaboration, Bandwidth Inc. supplies core voice and messaging infrastructure through its Communications Cloud and Maestro orchestration software. Management noted that this ensures reliable, low-latency global connectivity, which is crucial for AI-driven voice interactions. The company also highlighted that Agentic AI needs high-quality, scalable communication. Bandwidth powers this with owned networks for better performance, faster innovation, and cost efficiency.
Salesforce, Inc. creates cloud-based software for customer relationship management, providing solutions across sales, service, marketing, commerce, and collaboration, as well as many industries, along with training, support, and consulting services.
1. Bank of America Corporation (NYSE:BAC)
Number of Hedge Fund Holders: 118
Analyst Upside Potential: 30.93%
Bank of America Corporation (NYSE:BAC) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 26, Truist Securities lowered its price target on Bank of America Corporation (NYSE:BAC) from $60 to $57.
The firm noted that the reduced price target reflects valuation concerns regarding the bank. Truist noted raising its 2026 EPS from $4.30 to $4.33, but maintained the 2027 EPS estimates steady at $4.95. The firm noted that the improved EPS estimates are based on positive trends in trading, investment banking, wealth management fees, and net interest income. These are driven by loan and deposit growth.
Moreover, the firm forecasts Q1 2026 EPS estimates at $1.30, which tops the consensus of $1.01. Analyst at Truist expects 170 basis points of positive operating leverage, along with 8% year-over-year growth in net interest income. In addition, the expense is expected to grow by 4.5%. The firm also anticipates a 6% year-over-year increase in fee income, driven by double-digit increases in investment banking.
Bank of America Corporation is one of the world’s largest financial institutions. It serves individual consumers, small and middle-market businesses, and large corporations with a wide range of banking, investing, asset management, and other financial and risk management products and services.
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