The 7 Most Undervalued Stocks Under $20 to Buy in May 2024

The markets are moving higher after a cooler reading on inflation stirs hopes that interest rates will be cut at some point in 2024. However, with many stocks still looking significantly overvalued, investors are on the hunt for undervalued cheap stocks. A cheap stock can be measured by fundamentals like its price-to-earnings (P/E) ratio. However, in many cases, a stock's price is the barometer of cheap or expensive. In this article, we're looking at stocks trading for $20 or less. At this price, investors ...