16 cheapest stocks on robinhood. The cheapest stocks on Robinhood are a good place to look if you’re looking for companies that might offer the best value. While these cheap stocks aren’t necessarily undervalued, they may be worth researching further.
16 cheapest stocks on robinhood
The following below are the 16 cheapest stocks on robinhood to Invest:-
1. Plug Power (PLUG)
Plug Power (PLUG) is a stock that you can buy on Robinhood and it’s cheap. It’s also the cheapest stock on Robinhood and it costs under $1 per share. The next cheapest stock, Universal Insurance Holdings (UVE), costs over $15 per share, so if you want to diversify your portfolio with cheap stocks, this is where you should start.
2. Ford Motor Company (F)
Ford Motor Company (F) stock is currently trading at $10.64 per share, with a market cap of $31.2 billion and daily volume of 826,000 shares. The stock price has been this low before; it hit a 2019 low of $9.95 on Dec. 22, 2018, but that was also the day before Ford announced its Q4 earnings results would be delayed due to accounting errors related to its European business operations.
This led many investors to sell their positions for fear that negative news about Ford’s finances would cause the company’s stock price to plummet even further—but if you had waited until after those bad earnings reports were released and bought in then, you could have made an easy profit by buying F at its lowest point ever since going public in 1956.
As you can see from the chart above (or if you’re reading this article using robinhood), F did indeed rebound after those poor results were announced and rose back up above its pre-earnings drop level within two weeks’ time a move that could have netted anyone who bought in on Dec 22nd or later nearly 25% returns by now!
3. Overstock.com (OSTK)
Overstock.com (OSTK) is a discount retailer that sells a wide range of products, including home decor and furniture, bedding and bath products, jewelry, electronics and computers. Overstock was the first e-commerce company to accept bitcoin as a form of payment in 2014.
It’s also a public company with headquarters in Salt Lake City, Utah that trades on the Nasdaq under the ticker OSTK. Plus (this is important), it’s part of two major stock indexes: the Nasdaq100 Index and S&P 500 Index.
4. Tautachrome (TTCM)
Tautachrome (TTCM) is a biotech company that is developing a treatment for cancer. The company’s first-generation product, TAU-001, is currently in Phase 2b clinical trials and has been granted orphan drug designation by the FDA. Tautachrome was trading at $0.21 on July 1, 2019 and has a market cap of $39 million.
5. Alibaba Group Holding Limited (BABA)
Alibaba is a Chinese e-commerce giant that is the largest e-commerce company in the world. Alibaba recently made headlines when it filed for an IPO, which is expected to be one of the biggest IPOs ever. The company has more than 300 million active users and generated $2.6 billion in revenue during its last quarter.
The company’s strength lies in its unique business model and vast network of suppliers, customers and retailers:
- The company provides B2B services for foreign companies looking to sell Chinese goods abroad. Alibaba also helps domestic companies buy products overseas by using their platform as well as assists with logistics management between China and other parts of Asia Pacific. This can help your business manage sourcing from China effectively without having to physically do so yourself!
- It offers a platform where small businesses can sell directly from their own websites or storefronts within Alibaba’s website without having any inventory upfront costs or risk associated with traditional retail strategy (i..e start up costs).
6. Dropbox Inc. (DBX)
Dropbox is a software as a service company that provides cloud storage, file synchronization, and personal cloud services. It was founded in 2007 by Drew Houston and Arash Ferdowsi in San Francisco Bay Area.
Dropbox allows users to create special folders on their computers which are then synchronized with the company’s servers. These folders can be accessed from any internet-connected device, including PCs running Windows or Mac OS X, Android phones and tablets, iPhone/iPad devices[3][4], iPad Air 2, Chromebooks laptops running Linux or Chromebooks.
The Dropbox client also provides additional features such as viewing other people’s shared files from within your own account (including from other accounts) and sharing your own files with others.
7. Advanced Micro Devices, Inc. (AMD)
AMD is a microprocessor manufacturer, competing with Intel. AMD was founded in 1969 and is based in Sunnyvale, California. The company designs and manufactures semiconductors for the computing, graphics, video game console and embedded system markets.
Its products include x86 microprocessors as well as SoC products ranging from low-power mobile devices to personal computers (PCs). AMD stock is a component of the S&P 500 Index and the S&P 100 Index.
8. Sirius XM Holdings Inc. (SIRI)
Sirius XM Holdings Inc. (SIRI). Sirius XM is a satellite radio company that provides listeners with over 120 channels of commercial-free music, news, sports and entertainment. Founded in 1990 as Satellite CD Radio.
The company has grown from a single station to a nationwide network of audio programming available to subscribers through two services: Sirius Satellite Radio and XM Satellite Radio (XM).
- With more than 30 million subscribers, SiriusXM is one of the largest U.S.-based satellite radio companies in the world, behind only competitor Pandora Media Inc.. The company was acquired by Liberty Media Corporation in 2008 for $3 billion dollars; Liberty still owns nearly half of SiriusXM’s outstanding shares today.
- SIRI stock has managed to remain incredibly popular on Robinhood despite being one of its most expensive stocks overall — it’s currently priced at $3 per share as compared to an average price of $1.50 across all stocks listed on Robinhood
Though there are many reasons why someone would buy into this stock including its relatively high dividend yield (5%) and strong performance throughout 2018 what really sets it apart are its unconventional characteristics: it’s comprised exclusively of satellite technology rather than terrestrial signals like AM/FM radios or cable television distribution systems.
9. Altaba Inc. (AABA)
Altaba is a holding company that owns stakes in the Alibaba Group Holding Limited (BABA), Yahoo Japan Corporation (YAHOY). It also has a majority stake in Yahoo Finance, which it spun off from its main business unit to form a separate subsidiary.
Unlike many other tech companies, Altaba doesn’t have any underlying businesses and doesn’t generate any revenue or profit on its own; it merely holds onto assets and cash flows that are generated by BABA or YAHOY. This means that AABA will be affected by changes in the stock market value of these two companies and their performance.
10. SunPower Corporation (SPWR)
SunPower Corporation (SPWR) is a solar panel manufacturer that has developed the most efficient solar panels on the market. It’s also one of the cheapest stocks on Robinhood, currently trading at just $3.60 per share.
What makes SunPower stand out from other solar panel manufacturers? It’s a leading producer of high-efficiency photovoltaic cells and panels, which means it can produce more renewable energy from each square foot of land than other companies in the industry.
This is a huge benefit for areas with limited space or weather conditions that make it difficult to install solar panels on rooftops or fields. With SunPower’s technology and expertise, you can save money by taking full advantage of your roof space without sacrificing power output!
SunPower isn’t just a leader in manufacturing it also has been recognized as an industry leader for its social responsibility practices too! They have been named one of “America’s Most Environmentally Friendly Companies” by Newsweek magazine five times since 2013 because they believe that protecting our planet should be everyone’s responsibility (including theirs).
In addition, they’ve set up programs like “SunShot” which aim to make clean technologies more affordable so people around world can afford them without compromising quality or performance.”
11. GoDaddy Inc. Class A Common Stock (GDDY)
GoDaddy, Inc. is an American worldwide domain registrar and web hosting company. GoDaddy was founded in 1997 and has more than 63 million customers worldwide. In 2006, GoDaddy acquired Jomax Technologies, Ltd., a provider of website content management software for small-to-medium-sized businesses
In 2007 they acquired eNom, Inc., then the world’s second largest domain name registrar. As of September 30, 2018, GoDaddy had 18 million customers with over 70 million domains under management; as of October 31st 2018 it had an estimated market capitalization at $5 billion USD.
In 2013 GoDaddy acquired Media Temple which offered web hosting services for small businesses and individuals across North America.
12. Sangamo Therapeutics, Inc. Common Stock (SGMO)
This stock is currently trading at $1.31 per share with a market cap of $2.6 billion. The stock has an exceptionally low P/E ratio of 8, which means that it’s trading at a pretty good price right now.
The one-year return on this stock was -55.7%. However, if you were to look at its 5-year return and 10-year return, they would be -27% and -40%, respectively so while it may seem like there are better options out there in terms of investing your money in a company’s common stock, this could still be worth considering because it has been steadily decreasing over time (not just recently).
13. Box, Inc. Class A Common Stock (BOX)
BOX, Inc. is a cloud-based file sharing, content management, and collaboration platform. BOX was founded in 2005 and is headquartered in Los Altos, California.
The company offers cloud services that allow users to store and share files online across multiple devices and platforms. With Box’s mobile app, you can access your files from anywhere at any time on any device—phone or tablet included!
Box has a market cap of $2.52 billion as of January 2019 and reported Q4 revenue of $121 million with its annualized recurring revenue increasing by 8%. It also has a forward P/E ratio of TTM: 16x which means investors are willing to pay up for its future earnings potentials if expectations are met or exceeded over time frame specified via 5 year price targets set by analysts who follow this stock closely every day (daily basis).
14. Sibanye Gold Limited Sponsored ADR Class A Common Stock (SBGL)
Sibanye Gold Limited is a gold mining company and the second-largest gold producer in South Africa with a market capitalization of $1.5 billion. The company is currently trading at a price-to-book ratio of 0.28, which is quite low for a large cap stock.
15. Bank of America Corp Common Stock Common Stock (BAC)
If you’re looking for a stock that combines the popularity of Bank of America with a low price, consider buying BAC. It’s currently trading at $18.74 per share, which is less than half its book value and less than one-quarter its recent average closing price ($39).
This company was founded in 1904 and has been in business ever since, making it one of the oldest companies on this list. It’s also one of the largest banks in America; it ranked among the top five banks by assets for more than 10 years straight before being overtaken by JP Morgan Chase & Co (JPM) in 2016.
16. Apple Inc Common Stock Common Stock (AAPL)
Apple is the most valuable company in the world and has a market capitalization of $1.2 trillion. The tech giant also makes up nearly three-quarters of the Nasdaq Composite Index’s performance this year, making it an attractive investment for investors looking to get exposure to some stocks that are performing well.
Apple stock has gained more than 30 percent this year, beating out both its competitors as well as its own historical performance since it began trading publicly in 1980.
The stock price has increased steadily throughout much of 2019, especially after Apple recently announced plans for a new headquarters campus in North Carolina that will cost $5 billion and feature two lakes with solar panels on top of them (which will generate enough power to run all operations there).
Conclusion
These cheap stocks have been proven to be great investments. You can look at the price history of these stocks and see that some of them have gone up in price dramatically over time. These stocks are all great for anyone who is just starting out on their stock trading journey and want to invest in a company that has a strong financial history but also has potential to rise over the next few years.
