15 Best Cheap Stocks to Buy for 2025

10. PDD Holdings Inc. (NASDAQ:PDD)

Forward P/E Ratio as of January 15: 7.61

Number of Hedge Fund Investors: 78

PDD Holdings Inc. (NASDAQ:PDD) operates Pinduoduo, a leading e-commerce platform in China that emphasizes group purchasing to drive lower prices for consumers. The company’s platform connects consumers directly with manufacturers and offers competitive prices on a diverse range of products, including groceries, electronics, and clothing.

To foster a healthier platform ecosystem, PDD Holdings Inc. (NASDAQ:PDD) has launched a $1.36 billion fee reduction program. This initiative includes service fee refunds, reduced fees for buy now pay later services, lower security deposits, and an easier fund withdrawal process. These measures have significantly decreased operating costs for merchants, particularly those in the agricultural and national goods sectors, enabling them to invest more in product development and technological advancements.

PDD Holdings Inc. (NASDAQ:PDD) is also expanding its product offerings to cater to diverse consumer demands. For users in first- and second-tier cities, the platform is introducing new smartphones, premium-brand cosmetics, and healthy food options, targeting urban professionals and younger demographics. For those in third and fourth-tier cities and rural areas, the company is focusing on premium home appliances, maternity and baby products, and fresh produce.