Top 10 Stocks Under $20 to Buy Right Now

At Zacks, we try to avoid labeling stocks as “cheap” or “expensive.” Instead, we opt to look beyond a stock’s face value, and our system puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.

With that said, low-priced stocks can still be attractive to investors as they present the chance to take a larger position in a company. When searching for these low-priced stocks, we still look for similar trends in growth, value, and momentum. Then we apply the Zacks Rank to properly analyze the potential that these companies have.

Today we’ve highlighted 10 stocks that are currently trading for under $20 per share. All of these stocks sport a Zacks Rank #2 (Buy) or better at the moment, along with a variety of other positive factors that help these companies stand out.

Hewlett Packard Enterprise HPE

Prior Close: $14.17 USD

Hewlett-Packard split into HPE and HP Inc. HPQ in 2015. Today, HPE sells enterprise-level servers, storage, networking gear, and more. Last week, the firm saw its Q2 fiscal 2019 adjusted earnings jump 31% to reach $0.42 per share and easily top our Zacks Consensus Estimate. Prior to earnings, HP Enterprise announced it agreed to purchase supercomputing leader Cray CRAY. The deal is projected to help HPE compete on a bigger scale in the data-driven age and improve its position against rivals like IBM IBM. HP Enterprise is a Zacks Rank #2 (Buy) right now. HPE’s price/sales ratio of 0.64 marks a discount compared to its industry’s 1.83 average. The firm is also a dividend payer with a yield of 3.18% at the moment.

Marathon Oil Corporation MRO

Prior Close: $14.33 USD

Marathon Oil’s adjusted current quarter earnings are projected to jump 20% from the year-ago period, based on our Zacks Consensus Estimate. Investors should note that Marathon is coming off a 416.67% earnings beat last quarter. The company has also seen its earnings estimate revision activity move more heavily upward recently to help MRO earn a Zacks Rank #2 (Buy). The Houston, Texas-based oil giant’s price/sales ratio of 1.94 matches its industry’s average. The company currently pays an annualized dividend of 0.20 per share, with a 1.40% yield.

Vipshop Holdings Limited VIPS

Prior Close: $7.66 USD

The Guangzhou, China-based online discount retailer sells popular branded products, from the likes of Nike NKE and more regional-specific companies, throughout China. Vipshop’s first-quarter fiscal 2019 revenue popped 7.3% and its total active customer base expanded by 14%. Looking ahead, the company’s full-year 2019 EPS figure is projected to surge over 29% to reach $0.75 per share on the back of 3.7% revenue expansion. Peeking further ahead, VIPS’ adjusted 2020 earnings are projected to climb roughly 33% higher than our current year estimate in a sign of strong bottom-line growth. Shares of Vipshop have jumped over 38% this year and VISP is a Zacks Rank #2 (Buy) right now.

Asure Software Inc ASUR

Prior Close: $6.67 USD

Asure is a cloud computing firm that offers its business clients the chance to modernize everything from human capital management and time & attendance solutions to payroll and taxes. Shares of ASUR have popped over 27% this year. The Austin, Texas-based firm’s first quarter fiscal 2019 revenue jumped 39% to touch $26.8 million. Looking ahead, ASUR’s full-year revenue is projected to climb 18% to reach $105.1 million. Meanwhile, its adjusted fiscal 2019 earnings are projected to pop 5.5% to hit $0.58 per share, with 2020’s EPS figure expected to climb 23% above our 2019 estimate. Asure is currently a Zacks Rank #1 (Strong Buy) that rocks an “A” grade for Growth and a “B” for Value in our Style Scores system.

Ford Motor Company F

Prior Close: $9.78 USD

Ford stock has climbed 26% in 2019 to crush the S&P 500’s 11% and its industry’s 1% average. The historic auto giant is set to launch 40 electric offerings by 2022 in order to compete with the likes of Tesla TSLA and its international peers. F is also set to dive into the autonomous vehicle space and its longer-term earnings estimate revision activity has trended in the right direction recently to help it earn a Zacks Rank #2 (Buy). Ford’s current-quarter earnings are projected to surge by 22%. Furthermore, F is trading at a discount compared to its industry and has an impressive dividend yield of 6.14%.

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