10 Best Cheap Stocks to Buy Under $10

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1. American Airlines Group Inc. (NASDAQ:AAL)

Share Price as of April 22: $9.07

Forward P/E Ratio as of April 22: 8.89

Number of Hedge Fund Holders: 59

American Airlines Group Inc. (NASDAQ:AAL) is a network air carrier in the US, Latin America, the Atlantic, and the Pacific. It provides scheduled air transportation services for passengers and cargo through its hubs in different US cities, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo. It operates a mainline fleet of 977 aircraft.

The company’s AAdvantage loyalty program is its primary revenue driver. In 2024, the cash generated from the co-branded credit cards and other loyalty partners reached $6.1 billion, which was a 17% increase compared to 2023. This figure includes a one-time cash payment received in Q4 related to a new 10-year agreement with Citi, which became the exclusive issuer of the AAdvantage co-branded credit card portfolio in the US.

AAdvantage program members were responsible for 75% of premium cabin revenue in Q4 2024. The program also saw a record number of new enrollments throughout the year, with members earning and burning more miles than in any previous year. Spending on the co-branded credit cards alone was up 9.5% year-over-year in Q4.

While we acknowledge the growth potential of American Airlines Group Inc. (NASDAQ:AAL), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AAL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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