On March 12, Stephanie Guild of Robinhood and Marci McGregor of Bank of America Merrill Lynch shared their perspectives on the current state of the market and strategies for navigating uncertainty. Guild explained that retail investors’ approach to buying the dip has shifted in line with changing market dynamics. While clients are still investing, they are focusing on specific names they favor. At the same time, she noted an increased tendency toward diversification, with investors allocating funds to index investments more than ever before. Additionally, many are taking advantage of Robinhood’s 4% cash yield, which reflects a balanced approach to investing during uncertain times.
McGregor emphasized the importance of focusing on long-term trends rather than reacting to short-term headlines, which often create unnecessary noise. She attributed some weak economic data from January to weather-related factors, calling it a temporary head fake. While acknowledging ongoing uncertainty around trade policy, McGregor highlighted key drivers for market recovery. She pointed out that 6 of the 11 S&P 500 sectors posted double-digit year-over-year earnings growth in Q4 and noted that market broadening is underway. Year-to-date, 63% of S&P constituents have outperformed the index compared to less than 30% over the last two years. This broadening trend signals potential strength in the market. Looking ahead, McGregor predicts a gradual easing of financial conditions later this year, potentially supported by a weaker dollar and improving corporate conditions. She suggested that if soft economic data begins to manifest more clearly, it could lead to Fed rate cuts. Factors such as deregulation, a merger cycle, and potential tax cut extensions may also contribute to recovery. Despite uncertainties, McGregor advised clients to buy on weakness and stay diversified. This includes exposure to international markets like Europe while maintaining confidence in the US as a leading market.
Both Guild and McGregor underscored the importance of diversification and staying focused on broader trends rather than being swayed by short-term volatility or political rhetoric. With that being acknowledged, we’re here with a list of the 10 best US stocks under $10 to buy right now.
Our Methodology
We used the Finviz stock screener to compile a list of the top US stocks that were trading below $10 as of March 24. We then selected the 10 US stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. The hedge fund data was sourced from Insider Monkey’s database which tracks the moves of over 900 elite money managers.
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 Best US Stocks Under $10 to Buy Right Now
10. Under Armour Inc. (NYSE:UA)
Share Price as of March 24: $6.10
Number of Hedge Fund Holders: 41
Under Armour Inc. (NYSE:UA) is a global leader in performance apparel, footwear, and accessories. It caters to athletes and active individuals of all ages. Its product portfolio spans compression wear to specialized footwear. Its distribution network encompasses wholesale, retail, and e-commerce.
The company’s footwear segment experienced a 9% revenue decline in FQ3 2025. This drop occurred despite the successful launch of De’Aaron Fox’s signature shoe, called the Fox 1. The upcoming SlipSpeed Echo is set to launch for the Spring/Summer 2025 season and is anticipated to drive future sales.
To enhance operational efficiency, the company is streamlining its footwear production by reducing foam components by ~50%. This aims to standardize cushioning across key midsole technologies, which include Charged, HOVR, and Flow. As footwear revenue decreased, Under Armour Inc.’s (NYSE:UA) overall FQ3 revenue also declined by 6% year-over-year. However, the company’s gross margin saw a positive shift and increased by 2.4% to 47.5%. This was driven by factors such as reduced discounting.
9. Alight Inc. (NYSE:ALIT)
Share Price as of March 24: $6.06
Number of Hedge Fund Holders: 42
Alight Inc. (NYSE:ALIT) is a global technology-enabled services company that offers the Alight Worklife platform. This a cloud-based solution that integrates benefits administration, healthcare navigation, financial well-being, and other employee-focused services. It is enhanced by AI and comprehensive customer support.
The company’s core focus is growing its Recurring Revenue, which made up 91% of its Q4 2024 revenue. The company saw recurring revenue grow sequentially in Q4 and aims for a 4% to 6% long-term revenue increase. This growth is fueled by ARR Bookings. The company achieved $114 million in total ARR booking in 2024, which is an 18% increase from 2023. It expects $130 to $145 million in ARR bookings for 2025, with a sales pipeline up 54%.
The company saw an 8% increase in client retention rates in its last renewal cycle. This improvement is expected to boost revenue growth later in 2025. Without 2023’s lower retention, revenue could be 2% higher. For 2025, Alight Inc. (NYSE:ALIT) expects recurring revenue to grow about 1% overall. However, 2023 losses will impact H1, with Q1 down 1.5% to 2.5% and Q2 down 1% to up 0.5%. The company anticipates low to mid-single-digit growth in H2.
