5 Best Cheap Stocks to Buy Now for Long Term

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 269

Microsoft Corporation (NASDAQ:MSFT) ranks #1 on our list of 10 Best Cheap Stocks to Buy Now for Long Term given 269 hedge funds in our database owned shares of the software giant the end of the third quarter. Recently, Microsoft Corporation (NASDAQ:MSFT) has been in the news given its $1 billion investment in OpenAI in 2019, which is the maker of the popular AI chat bot, ChatGPT.

Given ChatGPT’s successful launch, OpenAI’s valuation has likely increased and Microsoft Corporation (NASDAQ:MSFT) has the potential to ultimately make up to 100 times its initial investment if the company is really successful.

You can also take a look at 11 Biggest Malls in Europe and 11 Best Quality Stocks to Buy Now.

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