11 Best Very Cheap Stocks to Buy According to Billionaires
LyftLyft(US:LYFT) Insider Monkey·2026-03-16 15:13

Core Viewpoint - The article discusses the 11 best very cheap stocks to buy according to billionaires, highlighting a shift in investor focus towards undervalued stocks amid a challenging macroeconomic environment characterized by geopolitical tensions and rising inflation concerns [1][4]. Market Trends - A new trend has emerged where cheaper, smaller firms are attracting investor attention away from high-priced tech stocks, evidenced by a $1 trillion loss in value for the software group over a week, while the Dow Jones Industrial Average reached a record high and the Russell 2000 increased by 3.5% [2]. - The U.S.-Israeli conflict has intensified market volatility, contributing to rising gasoline prices, which have exceeded $3.50 per gallon, marking a 17% increase above pre-conflict levels, thereby affecting consumer spending, a key driver of U.S. economic growth [3]. Federal Reserve and Inflation - The Federal Reserve has maintained steady interest rates, with its preferred inflation indicator showing a 2.8% year-over-year increase in January, and economists do not expect rate cuts until September [4]. Stock Selection Methodology - The selection of stocks was based on a screening process identifying companies trading below a forward P/E of 10x, focusing on those with recent noteworthy developments likely to influence investor sentiment, and ranked by billionaire interest as of Q4 2025 [6]. Company Insights - Lyft, Inc. (NASDAQ:LYFT) is highlighted as one of the best very cheap stocks, facing regulatory scrutiny over algorithmic pricing practices, with inquiries into the use of AI-driven pricing strategies [7][9]. - MetLife, Inc. (NYSE:MET) is also featured, with 62% of analysts remaining bullish and a consensus price target of $92.00, indicating a potential upside of 30.31% [12][13].

Lyft-11 Best Very Cheap Stocks to Buy According to Billionaires - Reportify