10 Best Stocks Under $10 to Buy Now

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1. Grab Holdings Limited (NASDAQ:GRAB)

Share Price: $4.80

Number of Hedge Fund Holders: 57

Grab Holdings Limited (NASDAQ:GRAB) is a Singaporean multinational technology company that operates a super-app in Southeast Asia for ride-hailing, food delivery, and digital financial services. The company serves more than 700 cities in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Grab Holdings Limited (NASDAQ:GRAB) is one of the best stocks under $10 to buy.

On March 10, Citi analyst Alicia Yap maintained a “Buy” rating on Grab Holdings Limited (NASDAQ:GRAB) with a steady price target of $6.25. This reaffirmation came after the company’s shares dropped around 10% after reports of Indonesia’s proposed regulation requiring ride-hailing services like Grab and GoTo to pay Eid al-Fitr bonuses to drivers. Yap pointed out that similar regulations were implemented last year, which impacted Grab Holdings Limited’s (NASDAQ:GRAB) EBITDA margins in Q2 2024 for mobility and delivery segments. The analyst highlighted that the company’s 2025 EBITDA forecast, ranging from $440 million to $470 million, likely factors in the expected cost of the holiday bonuses. Yap suggested that the recent dip in share price presents a buying opportunity.

Overall, GRAB ranks first among the 10 best stocks under $10 to buy now. While we acknowledge the potential of GRAB, 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. If you are looking for an AI stock that is more promising than GRAB but that trades at less than 5 times its earnings, check out our report about the 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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