10 Best Very Cheap Stocks To Buy Right Now

6. PDD Holdings Inc. (NASDAQ:PDD)

P/E Ratio: 9.39

Average Analysts Upside: 19.68%

PDD Holdings Inc. (NASDAQ:PDD) is a Chinese multinational online commerce group and retailer that owns and operates a range of diverse businesses. The company operates famous e-commerce platforms including Pinduoduo and its fast-growing online marketplace Temu. Temu has expanded its operations in more than 50 countries worldwide and is expected to be a key driver for the company’s growth moving forward.

PDD Holdings Inc.’s (NASDAQ:PDD) strategic move to expand Temu globally has been a winner so far. Temu connects Chinese sellers and overseas buyers, allowing PDD to diversify its revenue base. The online marketplace has a competitive advantage due to its group-buying model from SMBs, offering cheaper listings than its peers.

PDD Holdings Inc. (NASDAQ:PDD) shares soared over 23% in January 2025 as the sentiment is better, especially after Trump revised his tariff plan to close the de minimis exemption on items below $800. This means that people will continue to be able to buy very cheap items from Temu.