12 Best Robinhood Stocks to Buy Under $20

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1. Warner Bros. Discovery Inc. (NASDAQ:WBD)

Number of Hedge Fund Holders: 49

Warner Bros. Discovery Inc. (NASDAQ:WBD) is a global entertainment and media company that emerged from the merger of WarnerMedia and Discovery, Inc. in April 2022. The company offers a broad range of content across multiple platforms, including television, film, and streaming services.

Warner Bros. Discovery Inc. (NASDAQ:WBD) has recently undertaken several strategic initiatives to enhance its position in the entertainment industry. In December 2024, the company announced a significant corporate restructuring, dividing its operations into two primary divisions: “Global Linear Networks” and “Streaming & Studios.” This reorganization aims to improve strategic flexibility and create potential opportunities for future growth. In the streaming sector, the company is developing a “Game of Thrones” movie, capitalizing on the franchise’s extensive fan base to bolster its content offerings.

Warner Bros. Discovery Inc. (NASDAQ:WBD) reported a challenging Q3, with total revenues of $9.6 billion, reflecting a 3% decline when adjusted for currency effects compared to the same quarter last year. Net income was modest at $0.1 billion, impacted by significant acquisition-related expenses and restructuring charges. However, Discovery’s direct-to-consumer (DTC) business showed strong growth, with 110.5 million global subscribers, marking its largest quarterly increase since the launch of Max.

Warner Bros. Discovery Inc. (NASDAQ:WBD) ranks first on our list of the 12 Best Robinhood Stocks to Buy Under $20. While we acknowledge the potential for WBD as an investment, 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 WBD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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