GOGL - The 7 Best Stocks Under $15 to Buy Now

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If you’re wondering if any objectively solid opportunities exist among the so-called best stocks under $15 to buy now, you might be pleasantly surprised. To be sure, merely acquiring publicly traded companies based solely on their cheapness usually implies disaster. However, the market ideas below may represent diamonds in the rough.

For the main purpose of this list of best stocks under $15, the narrative will center on low-risk ideas. Of course, every market idea presents risks. And when you’re dealing with low double-digit price points, risks generally ping higher than, say, blue chips. Nevertheless, a collection of financial indicators suggests these ideas may be more resilient than competitors in its class.

Finally, the best stocks under $15 mentioned here will tie in with hard data. Too many times, we see market ideas listed as the “best this” or “best that” because the author says so. Here, the analysis will be tethered to financial metrics. Easy for me, easy for you.

Best Stocks Under $15: Sirius XM (SIRI)

A broadcasting firm, Sirius XM (NASDAQ:SIRI) provides satellite radio and online radio services. On the surface, this framework might not be the most encouraging, particularly with millions of people still working from home. However, SIRI objectively represents one of the best stocks under $15 for damage control. It’s down only 6% for the year, while the benchmark S&P 500 fell nearly 25% during the same span.

According to Gurufocus, Sirius XM generally provides investors with a low-risk business profile. Admittedly, the company could use some shoring up in terms of stability on its balance sheet. However, the company ranks highly in terms of key income statement metrics.

For example, Sirius’ three-year revenue growth rate stands at 18.4%, rating better than nearly 86% of companies listed in the diversified media industry. On the bottom line, SIRI features a net margin of 14.2%. This compares very favorably to the industry median of 2.7%.

To boot, Sirius ranks as modestly undervalued. For under six bucks, you might not get a better deal.

Vale (VALE)

A mining firm, Vale (NYSE:VALE) is the world’s largest producer of iron ore and nickel. The latter commodity is particularly important because it represents a core component in electric vehicle (EV) batteries. Further, with the company headquartered in Brazil, Vale offers a geopolitically friendly profile to western nations.

Although the Federal Reserve’s hawkish monetary policy in response to rising inflation should impose pricing pressures on commodities-related investments, VALE is actually up 2% for the year. Right there, the company intrigues as one of the best stocks under $15. In addition, Gurufocus labels the mining specialist as “modestly undervalued.”

Simply put, the company enjoys strengths across the board. On the balance sheet, Vale features a debt-to-EBITDA ratio of 0.54 times, ranking favorably below 71% of its peers. But it’s on the income statement where the company really shines. For instance, Vale’s three-year revenue growth rate stands at 30.9%, ranking better than 89% of the competition.

On the profitability side, Vale features a net margin of 42%. This compares very favorably to the industry median of 3.5%. Overall, VALE brings stability and forward relevancies, making it a top idea among the best stocks under $15.

Best Stocks Under $15: Ambev (ABEV)

As a brewing company, Ambev (NYSE:ABEV) immediately features a cynical narrative. Typically, people imbibe to take the edge off various life pressures. With a possible stagflation risk heading our way, there could be a lot of drinking on the horizon.

On a more data-driven note, Gurufocus rates ABEV stock as “modestly undervalued.” It’s hard to disagree with this assessment considering the wide-ranging strengths. On the balance sheet, Ambev enjoys a cash-to-debt ratio of 4.2 times. In comparison, the alcoholic beverages industry features an average cash-to-debt ratio of 0.78 times.

For growth, Ambev’s three-year revenue growth rate pings at 13.2%. This metric ranks higher than 80.4% of the competition. In addition, Ambev commands excellent profitability metrics. In particular, its operating margin stands at 22.5%. In comparison, the industry median is only 9.7%.

Trading hands at less than $3, ABEV certainly looks like a steal among the best stocks under $15.

Murata Manufacturing (MRAAY)

Based in Japan, Murata Manufacturing (OTCMKTS:MRAAY) makes various electronic components. Essentially, the company represents the backstage production manager of the consumer electronics industry. While everybody may be dazzled by their digital devices, chances are the makers of said products may turn to Murata for the nuts and bolts.

A relative unknown in the U.S. market, investors could use this circumstance to their advantage. According to Gurufocus, Murata is a “modestly undervalued” business featuring a low-risk profile. For instance, the company enjoys stability in the balance sheet. Its cash-to-debt ratio stands at 3.3 times, better than the industry median of 1.3 times.

On the income statement, Murata enjoys a three-year book growth rate of 12.2%. In comparison, the industry median is 5.3%. Also, the electronic manufacturer’s net margin is 17.3%, ranking better than nearly 90% of its peers.

To be sure, prospective investors must realize MRAAY slipped more than 40% on a year-to-date basis. That’s largely because Murata’s customers are badly hurting consumer electronic firms. However, once this segment recovers, MRAAY could fly higher, making it one of the best stocks under $15.

Best Stocks Under $15: Goodman Group (GMGSF)

Specializing in senior living and healthcare services, Goodman Group (OTCMKTS:GMGSF) offers extraordinarily compelling fundamentals. Mainly, the bullish narrative focuses on demographic realities. According to the Pew Research Center, retirement trends accelerated this past year for baby boomers, meaning Goodman enjoys a large addressable market.

According to Gurufocus, Goodman features a low-risk business profile that’s also “modestly undervalued.” Relative to the industry, the company’s balance sheet offers stability. For instance, its cash-to-debt ratio is 0.36, better than the 0.07 industry median.

On the income statement, Goodman features a three-year revenue growth rate of 5.3%. While that might be low for other sectors, against the sector, it beats out nearly 75% of the competition. Also, the company’s return on equity stands at nearly 23%, ranking better than 87% of its peers.

To be clear, Goodman’s equity shares trade in the over-the-counter market. Presently, the average volume for GMGSF is very low, so investors need to be aware of certain “administrative” risks, such as wide bid-ask spreads.

Haier Smart Home (HSHCY)

Likely an unknown commodity for most U.S.-based investors, Haier Smart Home (OTCMKTS:HSHCY) is a China-based company principally engaged in the research, development, manufacture and sales of household electrical appliances. Specifically, Haier integrates its appliances with smart technologies, enabling greater connectivity and conveniences.

According to Gurufocus, Haier Smart Home rates as a “fairly valued” business. While it may not be the sterling undervalued play like some other names among the best stocks under $15, it does feature a low-risk profile. For instance, the company features a stable balance sheet, undergirded by a cash-to-debt ratio of 1.7 times. This is ranked better than 63% of the furnishings and appliances industry.

On the income statement, Haier features a three-year book growth rate of 10.3%. This compares favorably to the industry median of 5.8%. For profitability, the company’s return on equity pings at 17.6%, whereas the industry median sits at 8.3%.

To note, HSHCY is down 28% for the year so far, so caution is still necessary.

Best Stocks Under $15: Anglo American Platinum (ANGPY)

Based in resource-rich South Africa, Anglo American Platinum (OTCMKTS:ANGPY) is the world’s largest primary producer of platinum, accounting for about 38% of the world’s annual supply. However, the Fed’s hawkish pivot this year bodes poorly for commodity valuations. Not surprisingly, then, ANGPY slipped more than 30% since its January opener.

Under these circumstances, you’d expect ANGPY to be questionable. Certainly, it wouldn’t qualify as one of the best stocks under $15. However, according to Gurufoucs, Anglo American is “significantly undervalued.” Not only that, the company features robust strengths across the board, with very few glaring vulnerabilities.

For instance, Anglo American’s debt-to-equity ratio is 0.01, beating out almost every other publicly traded metals and mining firm. On the income statement, the company features a three-year revenue growth rate of over 42%. Here too, Anglo is a leader, beating out more than 93% of its peers.

If that wasn’t convincing enough, the mining specialist’s operating margin stands at 43.7%. This figure outperforms nearly 94% of the industry. If you’re looking for a truly contrarian idea among the best stocks under $15, ANGPY is it.

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Read More:?Penny Stocks — How to Profit Without Getting Scammed

On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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