In this article, we will list the Top 5 Cheap Stocks to Buy with the Biggest Upside Potential. Please visit Top 10 Cheap Stocks to Buy with Biggest Upside Potential if you would like to see the extended list and the methodology behind it.
5. Strategy Inc (NASDAQ:MSTR)
Strategy Inc (NASDAQ:MSTR) is one of the top cheap stocks to buy with the biggest upside potential. Strategy Inc (NASDAQ:MSTR) announced on May 5 financial results for fiscal Q1 2026, reporting that it currently holds 818,334 bitcoin, reflecting a 22% growth year to date 2026. The company attained a 9.4% BTC Yield year to date, with $11.68 billion raised year to date.
Management also reported that the company has cash and cash equivalents of $2.21 billion as of March 31, 2026, compared to $2.30 billion as of December 31, 2025. Total revenue for fiscal Q1 2026 was $124.3 million, reflecting a 11.9% year-over-year increase compared to total revenues of $111.1 million for the prior year period.
Phong Le, President and Chief Executive Officer, stated that Bitcoin adoption is continuing to grow in 2026, and digital credit, highlighted by STRC, has also been a “big success”. Strategy Inc (NASDAQ:MSTR) has raised $5.6 billion year-to-date of STRC gross proceeds and grown daily trading volume to $375 million, while simultaneously bringing volatility down to 3%, all during a bitcoin bear market.
Strategy Inc (NASDAQ:MSTR) provides enterprise analytics and mobility software, and is involved in the design, development, marketing, and sale of software platforms through licensing arrangements, cloud-based subscriptions and related services.
4. EPAM Systems, Inc. (NYSE:EPAM)
EPAM Systems, Inc. (NYSE:EPAM) is one of the top cheap stocks to buy with the biggest upside potential. EPAM Systems, Inc. (NYSE:EPAM) received a rating update from Guggenheim on May 4, with the firm cutting the price target on the stock to $200 from $225 and reiterating a Buy rating on the shares. Guggenheim told investors in a preview that it expects underlying business momentum to remain stable in fiscal Q1 as channel checks continue to suggest clients view the company as “a quality vendor to help realize tangible AI goals”. However, the firm also stated that risks to the fiscal Q2 revenue outlook amid a softer demand environment led the firm to lower its target.
EPAM Systems, Inc. (NYSE:EPAM) also received a rating update from Susquehanna the same day. The firm lowered the price target on the stock to $167 from $199, and maintained a Positive rating on the shares, updating its model after reports of choppy demand. Susquehanna lowered its estimates below consensus and expects the Street to cut towards them.
EPAM Systems, Inc. (NYSE:EPAM) provides digital engineering, cloud, and artificial intelligence-enabled transformation services, combining software engineering with business consulting, customer experience design, strategy, and technology innovation services in areas such as AI, cybersecurity, and cloud platforms. The company’s operations are divided into the North America and Europe geographical segments.
3. Coeur Mining, Inc. (NYSE:CDE)
Coeur Mining, Inc. (NYSE:CDE) is one of the top cheap stocks to buy with the biggest upside potential. On April 29, Canaccord upgraded Coeur Mining, Inc. (NYSE:CDE) to Buy from Hold, keeping the price target the same at $26. The firm upgraded three other names after raising its gold forecast, including Franco-Nevada, Gold Royalty, and Hecla Mining. It upped its 2026 gold price estimate to $4,758 per ounce from $4,401, with the firm telling investors in a research note that the factors driving gold remain in place, including unresolved trade and geopolitical tensions, supportive central bank policies, and an unsustainable U.S. debt trajectory.
Canaccord further stated that it leans “more defensive”, citing no clear end in sight for the Iran conflict and the risk of central banks tightening monetary policy into a “supply shock”. It believes gold producers have been improving margins and profitability as capital spending remains low.
In another development, Coeur Mining, Inc. (NYSE:CDE) announced on April 8 that it will report its fiscal Q1 2026 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, May 6, 2026. The company further reported that it will host a conference call at 11:00 a.m. Eastern Time on Thursday, May 7, 2026.
Coeur Mining, Inc. (NYSE:CDE) is a well-diversified, growing precious metals producer that operates through the Palmarejo, Rochester, Kensington, Wharf, and Silvertip.
2. Charter Communications, Inc. (NASDAQ:CHTR)
Charter Communications, Inc. (NASDAQ:CHTR) is one of the top cheap stocks to buy with the biggest upside potential. JPMorgan resumed coverage of Charter Communications, Inc. (NASDAQ:CHTR) with a Neutral rating on April 29, bringing the price target on the stock down to $215 from $400. The rating update came after a period of restriction, with the firm telling investors in a research note that the stock’s current valuation remains “undemanding”. However, it also added that Charter Communications, Inc.’s (NASDAQ:CHTR) fiscal Q1 results highlight the competitive intensity and challenges facing cable operators as they defend broadband share.
In another development, BofA cut the price target on Charter Communications, Inc. (NASDAQ:CHTR) to $250 from $310 on April 27, and maintained a Buy rating on the shares. The firm told investors in a post-earnings note that fiscal Q1 was “undeniably pressured” as revenue and EBITDA declined, broadband losses remain elevated, and free cash flow was weighed down by still significant capex. However, it added that the magnitude of the stock reaction post-earnings “feels disconnected from the overall company trajectory”.
Charter Communications, Inc. (NASDAQ:CHTR) provides broadband communications services. The company’s offerings include Spectrum TV, Spectrum Internet, and Spectrum Voice. It also offers data networking, business-to-business Internet access, video and music entertainment services, business telephone, and wireless backhaul.
1. BioMarin Pharmaceutical Inc. (NASDAQ:BMRN)
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) is one of the top cheap stocks to buy with the biggest upside potential. BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) announced on May 2 new research from studies of VOXZOGO® in children with achondroplasia exhibiting positive impacts on important health indicators, including arm span and bone density. The company will present the data, along with new data from studies of VOXZOGO in hypochondroplasia, at the Pediatric Endocrine Society’s 2026 Annual Meeting (PES) in San Francisco.
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) further reported that data from the three ongoing long-term extension clinical trials showed the effects of long-term treatment with VOXZOGO on measures beyond height, including bone health and arm span. According to researchers, arm span Z-scores improved from baseline in all age groups, and the arm span-to-height ratio also remained stable over time, highlighting that treatment resulted in proportional skeletal growth.
In addition, management reported that children who initiated treatment with VOXZOGO after age 5 also attained a mean difference in standing height of 10.60 cm after six years of treatment and 13.59 cm after eight years of treatment, compared with untreated natural history cohorts.
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) develops and commercializes therapies for serious and life-threatening medical conditions and rare diseases. The company’s product pipeline includes Valoctocogene roxaparvovec, Vosoritide, and BMN 307.
While we acknowledge the potential of BMRN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BMRN and that has 100x upside potential, check out our report about the cheapest AI stock.
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