A lot of times, you might be surprised to find stocks trading for under 20 per share. Just because that’s happening, it doesn’t necessarily mean it’s cheap or from a company that is failing. Whenever we analyse a company’s share price and valuation, we should always keep factors like sales, earnings, and expected growth in mind. There is no point projecting returns for this potential investment if these factors are ignored. Conversely, following the stocks which are trading at low pure-dollar prices can occasionally prove to be a great way to stumble upon undervalued stocks and investing in those shares at the perfect time. If you manage to invest in such stocks at the right time, you can reap massive returns. With that clarified,
let’s look at the 16 best stocks under 20.
Foley Trasimene Acquisition Corp. (WPF)
Kicking off our list of the 16 best stocks under 20, is Foley Trasimene Acquisition Corp. (WPF). The firm operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. Foley Trasimene Acquisition serves customers in the States of Nevada.
Jaws Acquisition Corp.(JWS)
Next on our list of the 16 best stocks under 20, is Jaws Acquisition Corp. (JWS). The firm operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. Jaws Acquisition serves customers in the State of Florida.
Social Capital Hedosophia Holdings Corp. III (IPOC)
Next on our list of the 16 best stocks under 20, is Social Capital Hedosophia Holdings Corp. III (IPOC). The firm operates as a blank check company. The firm intends to identify and invest in innovative and agile technology companies. The company was founded on October 18, 2019 by Chamath Palihapitiya and Ian Osborne and is headquartered in Palo Alto, CA.
China Yuchai International Limited (CYD)
Next on our list of the 16 best stocks under 20, is China Yuchai International Limited. It is a holding company. The Company holds interest in Guangxi Yuchai Machinery Company Limited (Yuchai), which manufactures, assembles and sells diesel engines in the People’s Republic of China (the PRC). It holds interest in HL Global Enterprises Limited (HLGE) and Thakral Corporation Ltd (TCL). It operates through two segments: Yuchai and HLGE. Its Yuchai segment is engaged in the manufacture, assembly and sale of a range of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, and marine and agriculture applications in China. The HLGE segment is engaged in hospitality and property development activities conducted in the PRC and Malaysia. Its HLGE also owns a Copthorne hotel in Qingdao (PRC), Elite residences in Shanghai and a Copthorne hotel in Cameron Highlands, Malaysia. TCL is engaged in the distribution of lifestyle products, including beauty and health, and enviro-care products.
Albertsons Companies, Inc. (ACI)
Next on our list of the 16 best stocks under 20, is Albertsons Companies, Inc. It is an American grocery company founded and headquartered in Boise, Idaho.
With 2,252 stores as of the first quarter of fiscal year 2021 and 270,000 employees as of fiscal year 2020, the company is the second-largest supermarket chain in North America after Kroger, which has 2,750 stores. Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Prior to its January 2015 merger with Safeway Inc. for $9.2 billion, it had 1,075 supermarkets located in 29 U.S. states under 12 different banners. Its predecessor company, Albertsons, Inc., was reorganized as Albertsons LLC and sold to AB Acquisition LLC, a Cerberus Capital Management-led consortium. After buying back the majority of its former stores it sold to SuperValu in 2006, AB Acquisition announced it would change its name to Albertsons Companies Inc. in 2015. The company’s corporate name was Albertson’s Inc. until 2002, when the apostrophe was removed.
Telephone and Data Systems, Inc. (TDS)
Next on our list of the 16 best stocks under 20, is Telephone and Data Systems, Inc. It is a diversified telecommunications company. The Company is engaged in conducting its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular), as well as providing its wireline services, cable services, and hosted and managed services (HMS), through its subsidiary, TDS Telecommunications Corporation (TDS Telecom). It operates through four business segments: U.S. Cellular, Wireline, Cable, and Hosted and Managed Services. U.S. Cellular provides service to postpaid and prepaid customers. Wireline operations provide retail telecommunications services to both residential and commercial customers. Wireline offers services, including broadband, video, voice and network access services. Cable offers broadband, video and voice services under TDS and BendBroadband brand names. It provides a range of information technology (IT) services, including colocation, and cloud and hosting solutions through its HMS business.
Smith & Wesson Brands, Inc. (SWBI)
Next on our list of the 16 best stocks under 20, is Smith & Wesson Brands, Inc. It is a holding company, which engages in the manufacture, design, and provision of firearms. It operates through the Firearms and Outdoor Products & Accessories segments. The Firearms segment comprises the manufacture of handguns, long guns, handcuffs, suppressors, and other firearm-related products for sale to a wide variety of customers. The Outdoor Products & Accessories segment engages in the distribution, manufacture, and design of reloading, gunsmithing, and gun cleaning supplies; stainless-steel cutting tools and accessories; flashlights; tree saws and related trimming accessories; shooting supplies, rests, and other related accessories; apparel; vault accessories; laser grips and laser sights; and a full range of products for survival and emergency preparedness. The company was founded by Michell A. Saltz on June 17, 1991 and is headquartered in Springfield, MA.
The ODP Corporation (ODP)
Next on our list of the 16 best stocks under 20, is the ODP Corporation. It is a holding company which operates in the USA. Its subsidiaries include The Office Depot Inc, which operates a chain of office product warehouse stores in North America, Europe, Asia, and Central America. The Company sells branded merchandise and provides business services primarily to small and medium-sized businesses and the home office market.
Hollysys Automation Technologies Ltd. (HOLI)
Next on our list of the 16 best stocks under 20, is Hollysys Automation Technologies Ltd. (HOLI). It is a provider of automation and control technologies, and products. The Company’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products. It serves customers in the industrial, railway, subway, nuclear power, and mechanical and electronic industries in China, Southeast Asia, India, Europe and the Middle East.
Stratasys Ltd. (SSYS)
Next on our list of the 16 best stocks under 20, is Stratasys Ltd. (SSYS). It provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content. The company offers entry-level desktop 3D printers to systems for rapid prototyping, and production systems for direct digital manufacturing. It also provides 3D printing consumable materials, including FDM cartridge-based materials, PolyJet cartridge-based materials, non-color digital materials, and color variations. Its products and services are primarily used in the automotive, aerospace, medical, dental, education, and consumer goods markets. The company sells its products through a network of resellers and independent sales agents worldwide. Stratasys Ltd. was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
First Midwest Bancorp, Inc. (FMBI)
Next on our list of the 16 best stocks under 20, is First Midwest Bancorp, Inc. (FMBI). The firm operates as the bank holding company for First Midwest Bank that provides various banking products and services. The company accepts checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. Its loan products include working capital loans; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and consumer secured and unsecured loans, as well as funding for the construction, purchase, refinance, or improvement of commercial real estate properties. The company operates 127 locations and 178 automated teller machines in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, and eastern Iowa. First Midwest Bancorp, Inc. was incorporated in 1982 and is headquartered in Chicago, Illinois.
Nexa Resources S.A. (NEXA)
Next on our list of the 16 best stocks under 20, is Nexa Resources S.A. (NEXA). Formerly known as VM Holding SA, it is a Luxembourg-based company engaged in the mineral resources industry. The Company is a metals and mining entity mainly engaged in zinc content production, and whose product portfolio also includes copper, lead, silver, and gold. Its mining and smelting presence is located in Brazil, conducted by Votorantim Metais Zinco SA, and in Peru, conducted by Compania Minera Milpo SAA, and Votorantim Metais-Cajamarquilla SA. Its controlling shareholder is Votorantim SA, a Brazilian privately owned industrial conglomerate that holds ownership interests in metal, steel, cement, energy and pulp companies, among others.
Cadence Bancorporation (CADE)
Next on our list of the 16 best stocks under 20, is Cadence Bancorporation (CADE). It is a bank holding company, which engages in the provision of corporations, middle-market companies, small businesses, and consumers with banking and financial solutions. It operates through the following segments: Banking, Financial Services, and Corporate. The Banking segment offers deposit products and lending services through its commercial banking, retail banking, and private banking business lines. The Financial Services segment includes trust, retail brokerage, and investment services. The Corporate segment consists of parent-only activities, including debt and capital raising, and intercompany eliminations. The company was founded in 2009 and is headquartered in Houston, Texas.
First Financial Bancorp. (FFBC)
Next on our list of the 16 best stocks under 20, is First FInancial Bancorp. (FFBC). It is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its subsidiary, First Financial Bank, National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending and consumer financing. First Financial offers deposit products that include interest-bearing and non-interest-bearing accounts, and cash management services for commercial customers. First Financial’s Wealth Management division provides a range of trust and asset management services. It operates 159 banking centers in Ohio, Indiana and Kentucky. It operates its Commercial Finance division, responsible for its insurance lending business and franchise lending business, from a non-banking center location in Indiana.
Carnival Corporation & Plc (CCL)
Next on our list of the 16 best stocks under 20, is Carnival Corporation & Plc (CCL). It is a British-American cruise operator, currently the world’s largest travel leisure company, with a combined fleet of over 100 vessels across 10 cruise line brands. A dual-listed company, Carnival is composed of two companies, Panama-incorporated US-headquartered Carnival Corporation and UK-based Carnival plc, which function as one entity. Carnival Corporation is listed on the New York Stock Exchange and Carnival plc is listed on the London Stock Exchange. Carnival is listed in both the S&P 500 and FTSE 250 indices.
The Panama-incorporated entity Carnival Corporation has headquarters in the United States, with operational headquarters located in the city of Doral, Florida. The UK entity Carnival plc is based in Southampton.
Costamare Inc. (CMRE)
Rounding off our list of the 16 best stocks under 20, is Costamare Inc. (CMRE). It is a holding company, engages in the provision of containerships chartering. The firm owns vessels such as new build containerships and second hand vessels. The company was founded on April 21, 2008 and is headquartered in Monaco.
So these were the 16 best stocks to buy under 20. Their mouthwateringly low prices make them very tempting and they can be a great buy for harvesting great returns in the future. These undervalued gems can be a great addition to your portfolio and can provide you with some wonderful returns in the future to come.