On March 28, Friday, US stocks declined as Wall Street continued to struggle with President Trump’s trade war and signs of rising inflation. The Dow Jones Industrial Average dropped almost 1.7% and the S&P 500 fell nearly 2%. Technology stocks led the losses and as a result, the Nasdaq suffered the most by falling 2.7%.
READ ALSO: 10 Cheap Technology Stocks to Buy According to Hedge Funds and 8 Fastest Growing AI Stocks To Buy Right Now.
This disappointing performance came after the release of a hotter-than-expected reading of the Personal Consumption Expenditures index, which captures inflation across a wide range of consumer expenses and reflects changes in consumer behavior. The report showed that prices rose more than expected in February, increasing 0.4% month-over-month and 2.8% year-over-year. This indicates persistent inflation pressures are standing in the way of the Fed’s 2% target. Additionally, US consumer sentiment fell to its lowest level since November 2022 as the latest reading from the University of Michigan came in at 57, falling from a reading of 64.7 in February.
On Friday, Trump stated that he had a “very good talk” with the new Canadian Prime Minister Mark Carney. With regard to the tariffs, President Trump said he would “absolutely” proceed with tariffs against Canada. Stocks have had a volatile week, starting off strong on hopes that President Trump might soften his tariff plans and then sharply declining on Wednesday following news of new duties on auto imports.
On Thursday, the market continued to decline as Wall Street reacted to Trump’s 25% tariffs on foreign cars and his more hawkish comments about the trade war’s future. April 2 is approaching and broad reciprocal tariffs are set to take effect.
With this background in mind, let’s take a look at the 10 best stocks under $10 to buy now.
A portfolio manager studying various stocks and other securities on a tablet.
Our Methodology
To compile our list of the 10 best stocks under $10 to buy now, we used the Finviz stock screener. We sorted our results based on market capitalization and picked the top 20 stocks with a share price of under $10 as of March 27, 2025. Next, we focused on the top 10 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2024 database of more than 1,000 elite hedge funds. Finally, the 10 best stocks under $10 to buy now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.
Why do we care about what hedge funds do? 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 Best Stocks Under $10 to Buy Now
10. United Microelectronics Corporation (NYSE:UMC)
Share Price: $6.64
Number of Hedge Fund Holders: 18
United Microelectronics Corporation (NYSE:UMC) is a Taiwan-based global semiconductor foundry company. It specializes in designing and manufacturing high-quality integrated circuits and providing advanced chip fabrication services for a range of industries including mobile and wireless communications, automotive, IoT, computing, data processing, and consumer electronics. United Microelectronics Corporation (NYSE:UMC) ranks among the best stocks under $10 to buy
The company reported that its 22/28nm portfolio delivered a strong performance in 2024, with revenue growing 15%. Customers are increasingly adopting United Microelectronics Corporation’s (NYSE:UMC) 22nm specialty platforms for next-generation networking and display driver applications, which offer better power efficiency and performance than 28nm solutions. Tape-outs for 22nm products are rising and United Microelectronics Corporation (NYSE:UMC) expects higher revenue contributions in 2025 and beyond. The semiconductor market is set for growth again in 2025. The company’s management believes that this growth will be supported by demand for AI servers and increased semiconductor usage in smartphones, PCs, and other electronic devices.
9. Wipro Limited (NYSE:WIT)
Share Price: $3.13
Number of Hedge Fund Holders: 18
Wipro Limited (NYSE:WIT) is an Indian multinational technology services and consulting company that offers a range of solutions to support the digital transformation needs of various sectors, including finance, healthcare, communication, and manufacturing. The company’s services include cloud computing, cybersecurity, digital transformation, artificial intelligence, data analytics, and business process services. Wipro Limited (NYSE:WIT) ranks among the best stocks under $10 to buy.
The company has been launching AI-driven solutions to improve operations in different industries. On March 5, Wipro Limited (NYSE:WIT) announced the launch of TelcoAI360, an AI-first managed services platform. TelcoAI360 is designed to help telecom providers deploy differentiated technology services at scale and speed, reduce costs, and enhance customer experiences. This platform utilizes Wipro Limited’s (NYSE:WIT) expertise with AI tools to help communication service providers automate workflows, manage resources efficiently, and deliver faster time to market for new products and services. More recently, on March 24, Wipro Limited (NYSE:WIT) launched AI-driven autonomous agents for Agentforce that will improve efficiency and customer satisfaction at healthcare companies. These agents aim to significantly enhance experiences for patients, providers, payers, and healthcare companies by reducing administrative burdens. The AI agents can be deployed across any business function across sales, service, marketing, and commerce.
8. Nokia Oyj (NYSE:NOK)
Share Price: $5.20
Number of Hedge Fund Holders: 20
Nokia Oyj (NYSE:NOK) is a Finland-based technology company that specializes in telecommunications equipment, networks, and related technologies. The company offers a range of solutions across cloud and network services, mobile networks, and network infrastructure. Nokia Oyj (NYSE:NOK) ranks among the best stocks under $10 to buy now.
As a technology leader across mobile, fixed and cloud networks, the company is focused on innovating and helping industrial enterprises embrace digital transformation. On March 27, Nokia Oyj (NYSE:NOK) announced the DAC Marketplace, a platform where customers and partners can find ready-to-deploy industrial enterprise solutions, devices, applications, and services from Nokia and third-party merchants, including Accton Technology Corporation, Aprecomm, EPS Global, Etra Telecom, Exloc, InfiniG, and RugGear. The marketplace integrates into the Nokia Edge Compute and AI platform for industries and automatically customizes offerings based on the delivery country to ensure compliance with local laws and regulations.
7. Ambev S.A. (NYSE:ABEV)
Share Price: $2.31
Number of Hedge Fund Holders: 22
Ambev S.A. (NYSE:ABEV) is a Brazilian brewing company that ranks among the best stocks under $10 to buy now. The company produces, distributes, and sells beer, carbonated soft drinks, and other non-alcoholic and non-carbonated (NANC) beverages. The company’s brands include Skol, Brahma, Antarctica, Quilmes, Labatt, Presidente, Guaraná Antarctica, and Fusion. Ambev S.A.’s (NYSE:ABEV) operations span 18 countries in Latin America, Central America, and the Caribbean.
With the goal of growing its business and improving customer engagement, the company is focusing on digital transformation. Ambev S.A. (NYSE:ABEV) is expanding its B2B platform, BEES, which was made operational in 8 of the company’s top 10 markets by the end of 2024. Ambev S.A. (NYSE:ABEV) reported that BEES now processes more than 88% of the company’s gross revenue and serves 1.3 million monthly active buyers. By prioritizing digital initiatives, Ambev S.A. (NYSE:ABEV) is actively working to meet the changing demands and improve customer satisfaction. On the direct-to-consumer (DTC) side, the company reported that its Zé Delivery platform saw growth and reached 9 million buyers while also handling more than 66 million orders in 2024. This represents a 10% increase year-over-year.
6. Itaú Unibanco Holding SA (NYSE:ITUB)
Share Price: $5.60
Number of Hedge Fund Holders: 23
Itaú Unibanco Holding SA (NYSE:ITUB) is a Brazilian financial services company. As a full-service and universal bank, it offers a wide range of financial products and services to individuals and corporate clients in Brazil and abroad. Itaú Unibanco Holding SA (NYSE:ITUB) ranks among the best stocks under $10 to invest in.
The company is strategically investing in new technologies and business operations to position itself well for the long term. Itaú Unibanco Holding SA (NYSE:ITUB) is making moves to modernize its operations and migrate to the cloud. In the Q4 2024 earnings call, the company’s management pointed out that such moves have helped reduce high-impact incidents by 99%. As part of its strategy to invest heavily in data science and AI, Itaú Unibanco Holding SA (NYSE:ITUB) has over 470 data scientists and more than 390 initiatives using generative AI within the bank. Additionally, it is currently using, testing, and growing more than 1,300 AI models. As part of its “One Itaú” plan, Itaú Unibanco Holding SA (NYSE:ITUB) expects to migrate 15 million single-product users to its main app. By the end of 2024, the company had already successfully migrated 5.3 million clients and aims to complete the migration of the remaining clients in 2025.
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.
4. Amcor plc (NYSE:AMCR)
Share Price: $9.71
Number of Hedge Fund Holders: 29
Amcor plc (NYSE:AMCR) is a global packaging company that develops and produces packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other products. The company offers a variety of differentiating flexible and rigid packaging, specialty cartons, closures, and related services. Amcor plc (NYSE:AMCR) has operations in 40 countries. AMCR ranks among the best stocks under $10 to buy.
In November 2024, the company announced its agreement to merge with Berry Global to create a global leader in consumer and healthcare packaging solutions. The transaction will strengthen Amcor plc’s (NYSE:AMCR) capabilities in high-growth, high-value categories, such as healthcare, protein, pet food, liquids, beauty and personal care, and food service. The combined company will benefit from a broader product portfolio and enhanced innovation capabilities. Amcor plc (NYSE:AMCR) noted that this move is expected to generate $650 million in annual synergies and drive faster growth. On March 11, Amcor plc (NYSE:AMCR) announced it received US antitrust clearance and the transaction is on track to close by mid-2025.
3. Snap Inc. (NYSE:SNAP)
Share Price: $9.17
Number of Hedge Fund Holders: 44
Snap Inc. (NYSE:SNAP) is an American technology and social media company that develops and maintains technological products and services. The company’s core products include Snapchat, Lens Studio, and Spectacles. Snap Inc. (NYSE:SNAP) is one of the best stocks under $10 to buy.
On March 28, JMP Securities lowered the price target on Snap Inc. (NYSE:SNAP) from $16 to $14 and maintained a “Market Outperform” rating. This decision follows revised financial projections for the company. JMP analysts based the new $14 price target on a consistent approximately 4x multiple applied to the company’s projected 2026 revenue of $6.8 billion. This represents an 11% increase year-over-year. The valuation also corresponds to about 31 times Snap Inc.’s (NYSE:SNAP) estimated 2026 EBITDA of $819 million, which indicates a 12% profit margin. Despite lowering the price target due to reduced estimates, JMP analysts maintained their positive outlook and remain confident that Snap Inc. (NYSE:SNAP) will outperform the broader market.
2. Ford Motor Company (NYSE:F)
Share Price: $9.90
Number of Hedge Fund Holders: 45
Ford Motor Company (NYSE:F) is an American multinational automotive manufacturer. Through its Ford and Lincoln brands, the company designs and manufactures a variety of vehicles, including cars, trucks, SUVs, and commercial vans. The company offers fully electric, hybrid, and traditional combustion engine options. Ford Motor Company (NYSE:F) is one of the best stocks under $10 to invest in.
In 2024, the company achieved a record-breaking global revenue of $185 billion and this marked its fourth consecutive year of revenue growth. In the US, Ford Motor Company (NYSE:F) had the largest share of revenue according to the company’s management. Currently, the company is making moves to transform into a higher-growth, higher-margin, and more capital-efficient company under its Ford+ plan. Ford Motor Company (NYSE:F) is improving cost efficiency and product quality by upgrading talent, bringing in third-party experts, and implementing best practices to address operational issues. These efforts helped the company deliver about $500 million of net cost reductions in the second half of 2024. Ford Motor Company (NYSE:F) also continues to integrate AI, data analytics, and new tools and technologies to enhance manufacturing efficiency. The company has already identified over $1 billion in product design cost savings for 2025.
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.
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