10 Best Low Cost Stocks to Buy According to Billionaires

8. BGC Group, Inc. (NASDAQ:BGC)

No. of Billionaires: 9

Total Value of Billionaire Holdings: $0.04 Billion

A New York-based company, BGC Group, Inc. (NASDAQ:BGC) is a global brokerage and financial technology firm serving institutional clients in fixed income, equities, derivatives, and real estate. Primarily, the company provides electronic trading platforms and market data services through Fenics. Differentiation has been achieved through technology-driven execution services alongside strategic divestments like the spin-off of Newmark. The company’s diversified business model allows it to adapt to changes in the trading environment.

BGC Group, Inc. (NASDAQ:BGC) has attracted nine billionaire investors, accumulating holdings valued at $0.04 billion. The company’s revenue in 2024 reached $572.3 million, almost an 11% increase year-over-year. Furthermore, BGC Group anticipates the acquisition of Sage Energy Partners and soon-to-be-closed OTC holdings to increase annual revenues by $450 million. FMX, Portfolio Match, and Lucera contributed to a 20.2% growth in Fenics Growth Platforms’ revenue, solidifying the expectations for the stock in 2025. The company recently released its first-quarter outlook for 2025, where a revenue of $610 to $660 million is expected alongside a $145 to $161 million pre-tax profit.

Significant investor confidence is realized as BGC Group, Inc. (NASDAQ:BGC) appears in 33 hedge fund portfolios. Carrying a Buy rating from analysts, the company has a 73.30% upside potential, making it one of the best cheap stocks to buy.