In this article, we will discuss the Top 10 Value Stocks to Buy Under $10.
On June 16, Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore, joined CNBC’s ‘Squawk on the Street’ to discuss what’s driving the markets and his bull case for the S&P 500. Emanuel asserted that the recent market rally is driven not only by a potential peace deal with Iran but also significantly by the impact of the SpaceX IPO. He highlighted that the public remains highly engaged in equity market investing, particularly in tech stocks, and noted that the public has consistently led professionals in these trends over the past several years. Despite professional skepticism surrounding the SpaceX IPO, the public was fully enthused, a sentiment now reflected in the company’s stock price. Furthermore, Emanuel noted that the recent decline in oil prices, bringing it down to a seven-handle, serves as an unexpected and significant positive for the market.
Regarding his outlook for the S&P 500, Emanuel maintains a target of 7,750, but explained that current conditions open the door for his bull case target of 9,000. He explained that tech-driven structural bull markets typically conclude due to recession or a Fed that is hiking interest rates; however, he argued that these threats are rapidly diminishing due to the decline in oil prices and the lack of upward movement in long-end yields. He identified the final element that typically ends a bull market as a period of intense fear of missing out, driven by capital markets, which he believes is still ahead. Additionally, he pointed out that earnings power has exceeded expectations, meaning market multiples remain unstretched despite the significant gains.
Our Methodology
We used screeners to identify stocks that are trading below $10 per share and 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.
Note: All data was sourced on June 16.
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. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
Top 10 Value Stocks to Buy Under $10
10. Aegon Ltd. (NYSE:AEG)
Number of Hedge Fund Holders: 14
Aegon Ltd. (NYSE:AEG) is one of the top value stocks to buy under $10. On May 28, Aegon announced an agreement with its largest shareholder, Vereniging Aegon, and a new governance framework to support the company’s planned relocation to the US. This move is designed to align Aegon’s corporate structure with US market standards as it pursues its goal of becoming a leading US-focused life insurance and retirement group.
Key governance changes include moving the legal seat to Delaware, implementing annual director elections, and simplifying the capital structure by converting all Common Shares B into a single class of stock with equal voting rights. Additionally, the company will introduce annual Say-on-Pay advisory votes and authorize a new class of preferred stock to match customary US practices.
As part of the restructuring, Vereniging Aegon will be renamed Vereniging Aegon Americas while retaining its 18.4% ownership stake. The organization will donate EUR 500 million to a new Netherlands-based charitable entity, Stichting Aegon Fonds Nederland, ensuring the continuation of its social impact initiatives. These changes remain subject to shareholder approval at an Extraordinary General Meeting scheduled for Q4 2026.
Aegon Ltd. (NYSE:AEG) is an international financial services holding company. The company provides products and services across insurance, long-term savings, banking, and asset management.
9. Nomura Holdings Inc. (NYSE:NMR)
Number of Hedge Fund Holders: 15
Nomura Holdings Inc. (NYSE:NMR) is one of the top value stocks to buy under $10. On May 29, Reuters reported that Nomura’s digital asset subsidiary, Laser Digital, has received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter in the US. Upon final sign-off, the firm will be authorized to hold and administer both conventional and digital assets under federal supervision. The company will focus on institutional services, explicitly excluding deposit-taking and lending.
The new subsidiary, Laser Digital National Trust Bank, aims to facilitate cross-border payments and collateral management across crypto and traditional markets. This expansion into the U.S. market is supported by a clearer regulatory environment, driven by legislative developments like the GENIUS Act, which have boosted institutional confidence in tokenized assets and stablecoins.
This move reflects a broader trend of legacy financial institutions increasing their investment in digital asset infrastructure. With at least 15 similar bank charter applications submitted to the OCC since 2025, Laser Digital joins other major firms in integrating digital assets into the mainstream financial system.
Nomura Holdings Inc. (NYSE:NMR) is a Japanese multinational financial company. It offers wealth management, investment banking, and brokerage services, among others. Nomura was founded in 1925 and operates across the Americas, Europe, and Asia.
8. Melco Resorts & Entertainment Limited (NASDAQ:MLCO)
Number of Hedge Fund Holders: 16
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) is one of the top value stocks to buy under $10. On June 9, Melco Resorts & Entertainment extended the maturity date of its existing revolving credit facilities from April 2027 to June 2031. Additionally, the company has established an incremental facility of approximately $821.6million, bringing the total commitment under the credit arrangement to approximately $2.77 billion.
The extension and expansion were formalized through a third amended and restated facility agreement, which maintains the pricing and financial covenants of the original 2020 agreement. Melco’s subsidiary, MCO Nominee One Limited, will pay customary fees to the participating lenders in connection with these updates.
This financial adjustment provides Melco Resorts & Entertainment Limited (NASDAQ:MLCO) with enhanced capital flexibility to support its operations as a developer and operator of integrated resorts across Asia and Europe. The company continues to manage its debt structure strategically amidst evolving market conditions in its key gaming jurisdictions.
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) is a global developer and operator of integrated resort casinos, hotels, and entertainment complexes, primarily in Asia, offering gaming, hospitality, and leisure experiences.
7. Grifols (NASDAQ:GRFS)
Number of Hedge Fund Holders: 16
Grifols (NASDAQ:GRFS) is one of the top value stocks to buy under $10. On June 15, Grifols launched FESILTY in the US for treating acute bleeding in pediatric and adult patients with congenital fibrinogen deficiency/CFD, excluding dysfibrinogenemia. This highly purified human-derived fibrinogen concentrate provides a precise, targeted treatment for a rare genetic condition where insufficient clotting proteins compromise wound healing.
Compared to traditional options like cryoprecipitate or fresh frozen plasma, FESILTY allows for faster, more predictable dosing without needing large-volume infusions or cross-matching. It comes in a complete kit that can be stored at room temperature and reconstituted in approximately three minutes, making it effective for time-sensitive bleeding events.
FDA approval for this therapy was supported by Phase I/III clinical study data, which confirmed its safety, pharmacokinetic properties, and hemostatic efficacy. While effective, the product carries risks, including potential hypersensitivity and thrombotic events, and is contraindicated in patients with severe hypersensitivity to its components.
Grifols (NASDAQ:GRFS) is a global healthcare company specializing in plasma-derived medicines. Founded in Barcelona in 1909, it provides biopharmaceutical products and medical services in over 110 countries.
6. Haleon (NYSE:HLN)
Number of Hedge Fund Holders: 19
Haleon (NYSE:HLN) is one of the top value stocks to buy under $10. On June 4, Haleon issued a voluntary nationwide recall for four specific lots of Gas-X Extra Strength Softgels (125mg) in 120-count and 72-count packaging. The recall was initiated due to potential contamination from a diluted propylene glycol-based coolant that leaked from a machine during the packaging process.
While Haleon (NYSE:HLN) has not received any reports of adverse health events to date, ingestion of the contaminated softgels could potentially lead to symptoms such as nausea, vomiting, abdominal pain, and diarrhea. The recall is being conducted in coordination with the US FDA as a precautionary measure.
Consumers are advised to check their product packaging against the affected lot numbers, which include TL8K, YH9X, and YH9Y for the 120-count packages, and X78N for the 72-count packages. No other versions or lots of Gas-X products are included in this recall, and the company has confirmed that the affected products were distributed between April 13 and May 14.
Haleon (NYSE:HLN), together with its subsidiaries, researches, develops, manufactures, and sells various consumer healthcare products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific.
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