10 Best Stocks Under $10 to Buy Now

5. Vodafone Group Public Limited Company (NASDAQ:VOD)

Share Price: $9.36

Number of Hedge Fund Holders: 24

Vodafone Group Public Limited Company (NASDAQ:VOD) is a British multinational telecommunications company that operates fixed networks in 21 countries and partners with mobile networks in 48 more countries around the world. It is the largest mobile and fixed network operator in Europe and it also has the biggest and fastest-growing 5G network in the region. Vodafone Group Public Limited Company (NASDAQ:VOD) ranks among the best stocks under $10 to buy. The two telecommunication company’s have a clear plan to invest £11 billion

The company is merging with the telecommunication firm Three in the UK. Vodafone Group Public Limited Company’s (NASDAQ:VOD) merger with Three was approved by the Competition and Markets Authority in December 2024. The two telecommunication companies have a clear plan to invest £11 billion to create one of Europe’s most advanced 5G networks. The new network is aimed at transforming the UK’s telecoms landscape and reaching over 50 million customers with better quality, reliability, and capacity. The merger is expected to be finalized in the next few months and Vodafone Group Public Limited Company (NASDAQ:VOD) will own 51% of the new business. After 3 years, the company will have the option to buy out Hutchison’s 49% stake, subject to certain conditions.