3 Ridiculously Undervalued Stocks to Buy Hand Over Fist Right Now in May

By Parkev Tatevosian, CFA – May 8, 2024 at 5:30AM

NYSE: BABA

Alibaba Group

Market Cap

$202B

Today's Change

(2.12%) $1.84

Current Price

$88.54

Price as of May 17, 2024, 4:00 p.m. ET

Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.

Fool.com contributor Parkev Tatevosian identifies three cheap stocks investors can buy today.

*Stock prices used were the afternoon prices of May 5, 2024. The video was published on May 7, 2024.

Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends Fiverr International and PayPal. The Motley Fool recommends Alibaba Group and recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.