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Top 10 Stocks Under $20 to Buy Right Now

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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, which they might not be able to in higher-priced stocks. 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.

When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and 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.

Knowles Corporation (KN - Free Report)

Prior Close: $17.77 USD

Knowles Corporation provides audio processing, advanced micro-acoustic, and precision device solutions geared toward IoT products, mobile devices, microphones, hearing aids, and more. The firm is coming off a better-than-expected Q4 and has seen its stock price jump over 33% this year. KN is trading at an industry matching 20.2X forward 12-month Zacks Consensus EPS estimates. Knowles is projected to see its adjusted full-year earnings jump nearly 9% this year to $1.10 per share, based on our Zacks Consensus Estimate. Plus, KN’s fiscal 2020 EPS figure is expected to climb over 15% above our current-year estimate and its positive longer-term earnings estimate revision activity helps Knowles earn a Zacks Rank #1 (Buy) at the moment.

CenturyLink, Inc.

Prior Close: $12.37 USD

CenturyLink is a Zacks Rank #2 (Buy) right now that sports an “A” grade for Growth and a “B” for Value in our Style Scores system. The global enterprise-level communications and IT services provider is trading at 9.7X forward earnings estimates, which marks a discount compared to its industry’s 11.7X average and its own two-year high of 21.9X. CTL stock has trended heavily in the wrong direction recently, but its fiscal 2019 and 2020 earnings are projected to climb and its bottom-line estimates have come up. The company is also a dividend payer with an impressive 8.1% yield.

Host Hotels & Resorts, Inc. (HST - Free Report)

Prior Close: $19.28 USD

Host Hotels & Resorts is one of the largest lodging-based real estate investment trusts in the world and owns upscale and luxury hotels from Miami to Honolulu. Shares of HST have matched the broader real estate market’s 16% climb in 2019. The company has seen a large amount of positive earnings estimate revisions recently that helps it sport a Zacks Rank #2 (Buy). The company is also trading far below its industry’s average forward P/E at 10.9, which comes in below its five-year high of 16 and its 11.3 median. Host Hotels & Resorts is also a dividend payer with a 4.2% yield.  

BlackBerry Limited BB

Prior Close: $9.62 USD

BlackBerry is best known to the public for its once-iconic brand of smartphones, but the company ditched hardware manufacturing recently and now serves as an enterprise software and services company. This transition is finally getting the attention of analysts, and positive earnings estimates have earned the stock a Zacks Rank #1 (Strong Buy). Shares of BB have soared 35% this year. The company has also managed to surpass EPS estimates in 12 consecutive quarters, with an average surprise of 108% in the trailing four periods. Better yet, BlackBerry looks poised for long-term growth, with earnings expected to expand at an annualized rate of nearly 19% over the next three to five years.

eGain Corp. (EGAN - Free Report)

Prior Close: $10.35 USD

Shares of eGain have skyrocketed 56% in 2019. The software-as-a-service provider of customer engagement solutions in the U.S., U.K., India, and beyond, is projected to see its current-year—which ends on June 30—revenue pop 10.4%, with fiscal 2020’s top-line expected to come in 14.4% above our 2019 estimate. Meanwhile, eGain’s adjusted quarterly earnings are projected to surge 50%, while its full-year EPS figure is expected to skyrocket 216.7%. And our Zacks Consensus Estimate for the current year has improved by 137.5% over the last 60 days, which helps eGain sport a Zacks Rank #1 (Strong Buy) and an “A” grade for Growth in our Style Scores system.

Glu Mobile Inc.

Prior Close: $10.93 USD

Glu Mobile is a global developer and publisher of free-to-play mobile video games, such as MLB Tap Baseball 2018, Deer Hunter, Kim Kardashian Hollywood, and more. The firm saw its 2018 revenue surge 28% to reach $366.6 million as mobile gaming becomes more popular. GLUU stock has climbed 37% to start the year and it has some new games entering beta, including a Disney/Pixar (DIS - Free Report) title. Glu Mobile’s 2019 earnings are projected to skyrocket 230% on the back of 16% revenue growth. Peeking further ahead, Glu’s 2020 EPS figure is expected to soar 40% above our current year estimate on the back of 13.4% revenue growth. GLUU is currently a Zacks Rank #2 (Buy) that boasts an “A” grade for Growth.

CrossAmerica Partners LP (CAPL - Free Report)

Prior Close: $18.40 USD

CrossAmerica Partners LP is a wholesale distributor of gasoline and diesel fuel and also owns and leases real estate used in the industry. Shares of CAPL have surged 30% this year and the company’s current quarter revenues are projected to surge roughly 15%. More impressively, CrossAmerica Partners’ adjusted EPS figure is expected to skyrocket 317%. This triple-digit bottom-line expansion is projected to continue in the upcoming full-year to the tune of a 555% jump from $0.11 per share in the year-ago to $0.72 per share. CAPL sports a great P/S ratio of 0.26 and its positive earnings estimate revision activity helps it earn a Zacks Rank #1 (Strong Buy).

Digital Turbine, Inc. APPS

Prior Close: $3.56 USD

Digital Turbine tries to connect OEMs, mobile operators, and publishers with advertisers and app developers, and its positive longer-term earnings revision activity helps it earn a Ranks Rank #1 (Strong Buy). APPS is coming off a third quarter that saw it top earnings and revenue estimates. The Austin, Texas-based firm also rocks an “A” grade for Growth and is expected to swing from an adjusted loss to post earnings of $0.02 a share in the current quarter, for a 300% expansion. Digital Turbine’s revenue is also expected to surge approximately 26% in the next two quarters. Furthermore, the firm’s full-year EPS figure is projected to soar 240%, with 67% growth projected in the following year.

Hewlett Packard Enterprise (HPE - Free Report)

Prior Close: $15.90 USD

Hewlett Packard Enterprise, which spun off from Hewlett-Packard (HPQ - Free Report) in the fall of 2015, offers its business clients everything from management software to hybrid cloud solutions and has also expanded into hardware, software, and security solutions focused directly on IoT. HPE stock has surged over 20% this year to outpace the S&P’s 14% climb. The stock is trading at 9.4X forward 12-month Zacks Consensus EPS estimates, which falls below its industry’s 15.2X average and its own three-year median of 11.1X. Meanwhile, HPE is Zacks Rank #2 (Buy) that pays an annualized dividend of $0.45 per share for a 2.8% yield.

Anta Sports Products Ltd. (ANPDF - Free Report)

Prior Close: $6.69 USD

Anta is a leading Chinese sportswear company that took in record annual profit for the fourth year in a row last year. The firm also sells FILA in China and competes directly with the likes of Nike (NKE - Free Report) , Adidas (ADDYY - Free Report) , and Under Armour UAA in the world’s second-largest economy. Anta, which now sponsors a few high-profile NBA players, has seen its stock price soar 50% this year. Looking ahead, the company is projected to see its revenue skyrocket and its adjusted full-year earnings climb over 20% in 2020. The company is currently a Zacks Rank #2 (Buy).

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