In this article, we will take a look at some of the best cheap stocks to consider.
Markets are wobbling, and panic is becoming the headline. At times when stocks are tumbling, headlines are filled with forecasts that cause anxiety for investors. But it’s not new. The process has always been part of the stock market and each time, some specific factor becomes the trigger. In 2020, it was the COVID-19 pandemic. Right now, the new tariffs introduced by the U.S. President have become the panic-inducing trigger that has initiated a sharp sell-off across major U.S. indices.
According to CNBC, the significant composites in the U.S. have declined by nearly 5% after the new tariff announcement and the subsequent retaliation from major countries like China. Casual investors may perceive it as a red alert, but from the point of view of billionaire investors, it may signal a green light.
READ ALSO: 10 Best High-Risk Stocks to Buy According to Billionaires.
To them, it is not about timing the market but staying in it. Headlines may be screaming about the volatility of stocks in the U.S. market. Seasoned investors would still understand that sharp corrections sometimes open the door to long-term value. Because of the declining indices, some of the fundamentally sound stocks are available at cheap rates. Billionaire investors who prioritize value quietly build positions in low-cost assets as prices fall and fear takes over the investment environment. These billionaires are not moving impulsively but simply following their disciplined strategy, built from long-term thinking, which enables them to identify low-cost assets with strong fundamentals and room for growth.
At the same time, it is no surprise that more investors are unsure whether they should act or wait for some mythical perfect entry point because of the uncertainty prevailing in the market. However, this hesitation could prove costly. History has shown repeatedly that after a period of intense volatility, there follows a significant market gain.
Billionaires tend to understand this. They know that markets move in cycles, and short-term fear often fuels long-term wealth. Using their disciplined strategies, they use the rare chance to scoop up those stocks that trade at a low price despite their high potential.
It shows that low-cost stocks could provide investors with a satisfactory gain in the current market climate when chosen wisely. The stocks on our list are not just affordable. They have strong fundamentals and a potential upside that stand disproportionate to their current price tag. This is the primary reason they are incorporated into the portfolio of billionaire investors during the downturn.
When exploring our curated list of 10 best low-cost stocks to buy according to billionaires, we want the potential investors to remember that the goal is not to chase the market or guess the bottom. It is to think like those who are playing the long game. We are not imitating the billionaire investors, but only their mindset, which perceives the recent dip as an opportunity instead of a setback and employs a disciplined strategy to make an informed decision.
Without further ado, let’s dive into the article.
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Our Methodology
We employed a few criteria when putting together our list of 10 best low-cost stocks to buy according to billionaires. We have defined low stocks as stocks with a price of less than $15. We have considered the upside potential of the stocks we have included in our list. Stocks with less than 20% upside potential are excluded from the list. It ensures that only those stocks with a high potential for earnings are presented to the investors. As part of the filtering process, we also excluded those stocks that did not have a Buy rating from analysts. These ratings increase the credibility of the picks in our article. All the data in the article was taken from financial databases and analyst reports, with all information updated as of April 6, 2025. The stocks were then ranked according to billionaires, taken from Insider Monkey’s exclusive database of billionaire stock holdings, as of Q4 2024.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Payoneer Global Inc. (NASDAQ:PAYO)
No. of Billionaires: 8
Total Value of Billionaire Holdings: $0.18 Billion
Payoneer Global Inc. (NASDAQ:PAYO) provides cross-border payment solutions tailored for freelancers, e-commerce merchants, and small to mid-sized enterprises. Based in New York, the platform enables international transactions, allows multi-currency accounts, and offers working capital loans. The company attracts customers against tough competitors like PayPal by serving underbanked markets and integrating with marketplaces like Amazon and Upwork. Payoneer Global’s transparency and compliance with regulations from different jurisdictions make it a strategic facilitator of global commerce in emerging and developed economies.
Payoneer Global Inc. (NASDAQ:PAYO) is supported by eight billionaires, whose collective stake is $0.18 billion. The revenue of the company went up by 17% year-over-year, reaching $262 million in the fourth quarter. The B2B volume has grown at a high rate of 42% year-over-year. Additionally, during the quarter, customer adoption of three or more AP products reached 53% of total usage. The acquisition of Squad has further empowered the company to capture a share of the global workforce management by expanding its financial stack. Payoneer Global has also gained approval from the Chinese regulatory bodies to acquire a local payment service provider, leading to high positive expectations for 2025.
With 35 hedge funds maintaining positions, as per Insider Monkey’s Q4 2024 database, Payoneer Global Inc. (NASDAQ:PAYO) exudes significant investor trust. The stock has been assigned a Buy rating with an upside potential of 101.29%, thus qualifying for one of the best cheap stocks to buy.
9. Alight, Inc. (NYSE:ALIT)
No. of Billionaires: 8
Total Value of Billionaire Holdings: $0.30 Billion
Headquartered in Lincolnshire, Illinois, Alight, Inc. (NYSE:ALIT) delivers cloud-based human capital and business solutions. The company specializes in benefits administration, payroll, and workforce analytics for Fortune 500 companies and public institutions. It integrates platforms like Workday and SAP to streamline HR and financial functions. The company gains a competitive edge against its peers through its proprietary Alight Worklife platform and consultative approach. It is among the best cheap stocks to buy.
Alight, Inc. (NYSE:ALIT) is backed by eight billionaires with $0.30 billion in holdings, suggesting high investor confidence. The company saw a revenue of $680 million for the fourth quarter of 2024. A notable contributor to the revenue was an 18% increase in ARR bookings because of the strong demand for its solutions in the market. The company demonstrated confidence in its financial health by announcing a $200 million increase in its share repurchase authorization. The successful completion of its cloud migration is expected to improve operational stability and efficiency, leading to the 2025 company guidance revenue between $2.32 billion and $2.39 billion.
Alight, Inc. (NYSE:ALIT) is currently part of 42 hedge fund portfolios, followed by Insider Monkey at the end of Q4 2024. It indicates a high level of institutional trust in the stock. Having obtained a Buy rating, the upside potential of the stock has been estimated to be 130.13%, thus earning a spot among promising cheap stocks for investors to invest in.
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.
7. Core Scientific, Inc. (NASDAQ:CORZ)
No. of Billionaires: 9
Total Value of Billionaire Holdings: $0.09 Billion
A leading provider of blockchain infrastructure and digital asset mining services in North America, Core Scientific, Inc. (NASDAQ:CORZ) operates high-performance data centers from its headquarters in Texas. The company focuses on Bitcoin mining and hosting services for institutional clients. Riot Platforms and Marathon Digital pose tough competition for the company. However, by leveraging vertically integrated operations, proprietary software, and energy-efficient facilities, Core Scientific generates market share. The company’s strategic power contracts support its resilience amid market volatility.
Insider Monkey database recorded nine billionaires supporting Core Scientific, Inc. (NASDAQ:CORZ), with a total investment of $0.09 billion. The company incurred a net loss of $265.5 million in the fourth quarter of 2024 despite achieving a total revenue of $510.7 million. However, securing the landmark HPC contract with Coreweave translates positively among investors and analysts. The total revenue potential anticipated by Core Scientific from this contract amounts to $8.7 billion in the next 12 years. Additionally, reducing the debt by $270 million through Chapter 11 debt restructuring and completing a $625 million convertible note offering at a 0% interest rate improved the financial position of the company, gaining a positive outlook.
Core Scientific, Inc. (NASDAQ:CORZ) is present in 66 hedge fund portfolios, as per Insider Monkey’s Q4 2024 database, representing high institutional confidence. With a projected upside of 171.59%, the company has gained a Buy rating from investors, standing out as one of the best cheap stocks to buy.
6. Coeur Mining, Inc. (NYSE:CDE)
No. of Billionaires: 10
Total Value of Billionaire Holdings: $0.13 Billion
Coeur Mining, Inc. (NYSE:CDE) is a precious metals producer, operating from its Chicago headquarters. The company operates mines in the U.S., Mexico, and Canada, covering the Palmarejo, Kensington, and Rochester sites and focusing on gold and silver. The markets served by the company include industrial, investment, and jewelry. It differentiates itself from its competitors through its diversified asset base and strong reserve potential.
Coeur Mining, Inc. (NYSE:CDE) has secured the interest of 10 billionaires, holding $0.13 billion in equity. The company significantly increased its free cash flow, reaching $85 million in the second half of 2024. It also reduced its debt by $80 million, improving its financial position. The most significant contributor to such high performance was the Rochester expansion ramp-up. For 2025, the company anticipates an increase in its EBITDA to $700 million, which is attributed to the performance of the newly acquired SilverCrest.
Having gained significant institutional interest, Coeur Mining, Inc. (NYSE:CDE) is listed in 37 hedge fund portfolios at the end of Q4 2024. Analysts have assigned a Buy rating to the company’s stock. With an 85.19% upside potential, investors interested in cheap stocks with high growth potential may find Coeur Mining a valuable addition to their portfolio.
5. Immunovant, Inc. (NASDAQ:IMVT)
No. of Billionaires: 11
Total Value of Billionaire Holdings: $0.16 Billion
Immunovant, Inc. (NASDAQ:IMVT), based in New York City, is a clinical-stage biopharmaceutical company. The company’s focus is on developing monoclonal antibodies to treat autoimmune diseases. Its lead candidate, IMVT-1402, is designed to inhibit the neonatal Fc receptor (FcRn), aiming to reduce pathogenic IgG antibodies. Competing with Argenx and similar competitors, the company serves the high-need market in autoimmune indications such as myasthenia gravis and Graves’ disease. Its competitive edge lies in differentiated FcRn-targeting biology with strong backing from Roivant Sciences.
Immunovant, Inc. (NASDAQ:IMVT) is backed by 11 billionaires whose collective stake amounts to $0.16 billion. As reported in the fourth quarter, the company’s pro-forma cash balance results in $825 million. This included $450 million in gross proceeds from a private placement closed on January 15, 2025. The company has not provided any guidance for 2025. However, the progress of its lead asset, IMVT-1402, has garnered the market’s attention. Six Investigational New Drug (IND) applications have been cleared for this lead asset, resulting in high expectations for it in 2025.
Immunovant, Inc. (NASDAQ:IMVT) is held by 35 hedge funds at the end of Q4 2024, suggesting notable institutional interest. Rated as a Buy, the stock has a projected upside of 225.79%, higher than all the other entrants on our list.
4. Amicus Therapeutics, Inc. (NASDAQ:FOLD)
No. of Billionaires: 11
Total Value of Billionaire Holdings: $0.34 Billion
Amicus Therapeutics, Inc. (NASDAQ:FOLD) is a biotechnology company specializing in rare and orphan diseases, particularly lysosomal storage disorders. The key products and pipeline candidates focus on precision therapies, such as Galafold for Fabry disease and AT-GAA for Pompe disease. Headquartered in Pennsylvania, the company competes with tough players like BioMarin and Sanofi. However, the patient-centric approach and innovative science in enzyme replacement and gene therapy offer a competitive edge for the company. Specifically, the targeted focus on high-unmet-need populations, supported by regulatory incentives for rare disease innovation, makes the company stand out among other competitors in the industry. It is one of the best cheap stocks to buy.
Amicus Therapeutics, Inc. (NASDAQ:FOLD) draws support from 11 billionaires with $0.34 billion in holdings. 2024 has been a favorable year for the company, with full-year revenue reaching $528 million, a 32% increase compared to the previous year. The leading performer, Galafold, achieved revenue of $458 million, while Pombiliti and Opfolda reached over $70 million globally in 2024. The company’s guidance for 2025 involves a revenue growth of 17% to 24%. Contributors to this growth are a 10% to 15% projected growth in Galafold revenue and a 65% to 85% growth in Pombiliti + Opfolda.
Amicus Therapeutics, Inc. (NASDAQ:FOLD) features 40 hedge fund portfolios at the end of Q4 2024, reflecting strong institutional support for the stock. Holding a Buy rating from analysts, FOLD has a remarkable upside of 126.67%, one of the highest on our list of valuable cheap stocks.
3. Rush Street Interactive, Inc. (NYSE:RSI)
No. of Billionaires: 12
Total Value of Billionaire Holdings: $0.08 Billion
A Chicago-based company, Rush Street Interactive, Inc. (NYSE:RSI) operates in the digital gaming and sports betting business. The company’s operations are run through platforms like BetRivers and PlaySugarHouse. It offers online casino games, sports wagering, and social gaming in compliance with the regulations framed by various U.S. jurisdictions and Latin America. The strong regional presence and in-house technology give the company a competitive advantage over other market players, thereby earning growth in the evolving iGaming sector.
Rush Street Interactive, Inc. (NYSE:RSI) has caught the attention of 12 billionaires whose combined holdings total around $0.08 billion. The company’s Q4 results suggested a record-setting revenue that exceeded their high-end expectations. The year-over-year revenue, as well, has seen a growth of 34%. For 2025, the company aims to achieve revenue between $1,010 and $1,080 million, likely attributed to the broad-based growth in North America and Latin America, which currently stands at 29% and 54%, respectively. Sustainability in leadership in online gaming across the Americas, owing to continuous investment in in-house technology, projects a positive outlook among the shareholders.
Currently, 36 hedge funds back Rush Street Interactive, Inc. (NYSE:RSI), according to the Insider Monkey database. Analysts have rated the stock Buy and estimated its upside as 56.56%. The stock is on our list of low-cost stocks with considerable growth potential.
2. Permian Resources Corporation (NYSE:PR)
No. of Billionaires: 12
Total Value of Billionaire Holdings: $0.27 Billion
Permian Resources Corporation (NYSE:PR) is an independent oil and gas company headquartered in Texas. The company specifically focuses on the Permian Basin, one of the most productive shale regions in the U.S. The company’s main business activities involve exploring, developing, and producing crude oil and natural gas. Its business strategy is centered on operational efficiency alongside disciplined capital allocation. The company relies on its low-cost asset base and firm productivity to compete against peers like Diamondback Energy.
Permian Resources Corporation (NYSE:PR) is supported by 12 billionaires with investments totaling $0.27 billion. In the last quarter, the company achieved a production volume of 171,000 barrels per day. The company anticipates an increase in production further in 2025, which would result in elevated revenue. The Delaware Basin drilling program will significantly contribute to this growth, in addition to the $1.2 billion worth of acquisitions completed in 2024, replacing drilled inventory with high-return assets.
Permian Resources Corporation (NYSE:PR) is part of 54 hedge fund portfolios, which signifies high institutional interest in the stock and the billionaire’s interest. With a Buy rating and a projected upside of 76.74%, it is one of the best cheap stocks to buy.
1. Mirion Technologies, Inc. (NYSE:MIR)
No. of Billionaires: 14
Total Value of Billionaire Holdings: $0.33 Billion
Mirion Technologies, Inc. (NYSE:MIR), a Georgia-based company, is engaged in the business of offering radiation detection, measurement, and monitoring systems solutions. The company’s client base includes the nuclear, defense, medical, and industrial sectors. It serves private and governmental clients globally and provides dosimetry services, radiological instrumentation, and imaging systems solutions. The company competes with firms like Thermo Fisher and Landauer for market share and has positioned itself as essential to safety and compliance in radiological environments.
Mirion Technologies, Inc. (NYSE:MIR) is backed by 14 billionaires with total holdings of $0.33 billion. In the fourth quarter of 2024, the company held a record revenue of $254.3 million. It projects a revenue of $1.1 billion by 2028, with 6% to 8% organic revenue growth. The newly improved capital structure assists in this regard. For 2025 specifically, Mirion Technologies expects an organic revenue growth of approximately 5.5% to 7.5%, with a revenue growth of 4% – 6%. About 49% of this expected revenue is already in the company’s backlog, as per its Q4 report, thus gaining the attention of analysts and investors.
Mirion Technologies, Inc. (NYSE:MIR) is featured in 43 hedge fund portfolios per the Insider Monkey Q4 2024 database. Analysts have assigned a Buy rating for the stock, with an estimated upside potential of 57.48%, making it stand out as a cheap stock with a high potential for investors to buy.
Overall, Mirion Technologies, Inc. (NYSE:MIR) ranks first on our list of 10 best low-cost stocks to buy according to billionaires. While we acknowledge the potential for MIR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher 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 MIR but trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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