5 Stocks under $50 to Buy and Hold Forever

In this article, we will take a look at 5 stocks under $50 to buy and hold forever. To read our analysis of the recent market activity, you can go directly to see the 15 Stocks under $50 to Buy and Hold Forever.

5. Pfizer Inc. (NYSE:PFE)

Share Price as of November 27: $30.50
Market Capitalization: $171.2 Billion
Number of Hedge Fund Holders: 73

Pfizer Inc. (NYSE:PFE) is a stock under $50 for anyone eyeing exposure in the healthcare sector, specifically in the discovery, development, manufacturing, and sale of biopharmaceutical products. Pfizer Inc. (NYSE:PFE) has made a name by offering medicines and vaccines for various therapeutic areas, including cardiovascular, metabolic, migraine, and women’s health.

[/company-follow-email]

4. Freeport-McMoRan Inc. (NYSE:FCX)

Share Price as of November 27: $36.84
Market Capitalization: $52.90 Billion
Number of Hedge Fund Holders: 73

Freeport-McMoRan Inc. (NYSE:FCX) is a basic materials company that mines mineral properties. It explores copper, gold, molybdenum, silver, and other metals. Freeport-McMoRan Inc. (NYSE:FCX) is also involved in researching and drilling oil and gas properties.

[/company-follow-email]

3. Wells Fargo & Company (NYSE:WFC)

Share Price as of November 27: $42.92
Market Capitalization: $155.36 Billion
Number of Hedge Fund Holders: 77

Wells Fargo & Company (NYSE:WFC) is another financial services juggernaut trading under $50. It is a diversified service company providing banking, investment, mortgage, and consumer financial products and services. These include checking and services accounts and credit and debit cards.

[/company-follow-email]

2. Citigroup Inc. (NYSE:C)

Share Price as of November 27: $45.23
Market Capitalization: $86.1 Billion
Number of Hedge Fund Holders: 79

Citigroup Inc. (NYSE:C) is a big US financial company based in New York. It provides wholesale and retail banking, as well as investment and private banking.

[/company-follow-email]

1. Bank of America Corporation (NYSE:BAC)

Share Price as of November 27: $29.73
Market Capitalization: $234.7 Billion
Number of Hedge Fund Holders: 88

Bank of America Corporation (NYSE:BAC) is a financial services juggernaut and one of the best stocks under $50 to gain exposure to banking and financial products.

[/company-follow-email]

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on Harvard University Stocks List: Top 12 Picks and 15 Stocks George Soros Just Bought and Sold.