S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69

Best Stocks Under $30.00 for 2022

The stock market has had an incredible bull-run since the Great Recession of 2008 and 2009. Stocks continue to hit new all-time highs and the price-to-earnings ratios of most S&P 500 companies look very expensive. Many investors are having trouble finding low-priced stocks that haven't already appreciated greatly during the last decade. It's hard to find a good deal on Wall Street right now when even small S&P 500 companies are trading at market caps above $1 billion.

Stocks have gotten expensive both in-terms of share price and their valuation relative to earnings. In more normal markets, a typical S&P 500 company has traded at about fifteen times their earnings. Most stocks are currently trading closer to 25 times their annual earnings. While the stock market has become more expensive as a whole, there are still a handful of undervalued stocks that are trading at less than $30.00 per share.

Value investing opportunities do exist if you're looking in the right places. Putting together a list of the best stocks under $30.00 requires investors to look at smaller and riskier companies and in sectors that are either undiscovered or unloved by the market as a whole. Some of these cheap stocks may not look especially attractive today, but long-term investors will profit if they are willing to exercise patience and hold on to shares of these comapnies through multiple economic cycles.

Some of these companies are solid investing ideas because they are too little and considered too risky to attract the interest of most managed mutual funds and Wall Street money managers. Others operate in unloved and untested areas of the market. You may find even find crypto stocks, marijuana stocks and bitcoin stocks on this list. Others have been beat up by Mr. Market after a long period of slowing profits, but are now actively trying to turn around their business and bounce back. These low-priced stocks operate in a lot of different industries, but these picks all carry two common characteristics. They all have a super-low share price of $30.00 or less and consisently-receive "buy" and "strong buy" ratings from Wall Street's top-rated research analysts.


Calibre Mining logo

#1 - Calibre Mining

OTCMKTS:CXBMF
Stock Price: $1.04 (-$0.04)
Average Trading Volume: 211,120 shares
Consensus Rating: Buy (3 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $2.33 (124.4% Upside)
Calibre Mining Corp. is a gold mining and exploration company, which engages in the acquisition, exploration, and development of natural resource properties in Nicaragua. It is involved in the operation of Limon, Libertad gold mines, and Pavon Gold Project. The company was founded by Blayne B. Johnson on January 15, 1969 and is headquartered in Vancouver, Canada.
ADMA Biologics logo

#2 - ADMA Biologics

NASDAQ:ADMA
Stock Price: $1.45 (+$0.02)
PE Ratio: -2.27
Market Cap: $283.93 million
Average Trading Volume: 1.46 million shares
Consensus Rating: Buy (5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $5.70 (293.1% Upside)
ADMA Biologics, Inc. operates as a biopharmaceutical company, which is engaged in the manufacturing, marketing and developing specialty plasma-derived biologics. The firm operates through the following business segments: ADMA BioManufacturing, Plasma Collection Center, and Corporate. The ADMA BioManufacturing segment comprises of the immune globulin manufacturing and development operations. The Plasma Collection Center consists of source plasma collection facilities. The Corporate segment includes general and administrative overhead expenses. The company was founded by Adam S. Grossman and Jerrold B. Grossman on June 2, 2006 and is headquartered in Ramsey, NJ.
Mirum Pharmaceuticals logo

#3 - Mirum Pharmaceuticals

NASDAQ:MIRM
Stock Price: $16.90 (-$0.96)
PE Ratio: -2.77
Market Cap: $517.78 million
Average Trading Volume: 125,557 shares
Consensus Rating: Buy (5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $47.80 (182.8% Upside)
Mirum Pharmaceuticals, Inc. is a biopharmaceutical company. The firm focuses on the development and commercialization of a late-stage pipeline of novel therapies for debilitating liver diseases. Its product candidates include Maralixibat and Volixibat. The company was founded by Niall O'Donnel, Michael Grey and Christopher Peetz on May 7, 2018 and is headquartered in Foster City, CA.
Barings BDC logo

#4 - Barings BDC

NYSE:BBDC
Stock Price: $10.61 (-$0.06)
PE Ratio: 7.22
Market Cap: $508.88 million
Average Trading Volume: 153,977 shares
P/E Ratio: 7.2
Dividend Yield: 8.25%
Consensus Rating: Buy (5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $12.19 (14.9% Upside)
Barings BDC, Inc. is a closed-end management investment company, which engages in the provision of customized financing primarily to lower middle market companies. Its investment objective is to seek returns by generating current income from our debt investments, and capital appreciation from our equity-related investments. Its portfolio includes Aden and Anais, AGM Automotive, All Metals, American Silk, Avantor Performance Materials, and others. The company was founded by Garland S. Tucker III, Brent P.W. Burgess, Steven C. Lilly, Cary B. Nordan and David F. Parker on October 10, 2006 and is headquartered in Charlotte, NC.
Héroux-Devtek logo

#5 - Héroux-Devtek

OTCMKTS:HERXF
Stock Price: $13.95
Average Trading Volume: 100 shares
Consensus Rating: Buy (5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $24.10 (72.8% Upside)
Héroux-Devtek Inc. engages in the design, development, manufacture, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company is also involved in the surface treatment of landing gear components; assembling and installation of aircraft components at customer assembly lines, as well as offers electronic enclosures, heat exchangers, cabinets, and titanium components. It serves commercial and defense sectors of the aerospace industries. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internationally. The company was formerly known as Heroux Inc. and changed its name to Héroux-Devtek Inc. in 2000. Héroux-Devtek Inc. was incorporated in 1942 and is headquartered in Longueuil, Canada.
Canfor logo

#6 - Canfor

OTCMKTS:CFPZF
Stock Price: $22.83 (-$2.48)
Average Trading Volume: 8,500 shares
Consensus Rating: Buy (6 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $42.67 (86.9% Upside)
Canfor Corp. operates as an integrated forest products company. It operates through the Lumber and Pulp and Paper segments. The Lumber segment deals with logging activities and manufactures wood chips, pellets, and wood products. The Pulp and Paper segment produces and trades northern bleached softwood kraft and bleached chemi-thermo mechanical pulp. The company was founded by John G. Prentice and L.L.G. Bentley in 1938 and is headquartered in Vancouver, Canada.
Kite Realty Group Trust logo

#7 - Kite Realty Group Trust

NYSE:KRG
Stock Price: $20.61 (+$0.02)
PE Ratio: 158.55
Market Cap: $4.51 billion
Average Trading Volume: 1.18 million shares
P/E Ratio: 158.6
Dividend Yield: 3.69%
Consensus Rating: Buy (6 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $25.17 (22.1% Upside)
Kite Realty Group Trust operates as a real estate investment trust. It engages in the ownership, operation, acquisition, development, and redevelopment of neighborhood and community shopping centers in selected markets in the United States. The company was founded on August 16, 2004 and is headquartered in Indianapolis, IN.
Tecnoglass logo

#8 - Tecnoglass

NASDAQ:TGLS
Stock Price: $19.33 (-$0.70)
PE Ratio: 13.71
Market Cap: $921.56 million
Average Trading Volume: 393,962 shares
P/E Ratio: 13.7
Dividend Yield: 1.30%
Consensus Rating: Buy (6 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $28.00 (44.9% Upside)
Tecnoglass, Inc. is a holding company, which engages in the design, manufacturing, distribution, marketing, and installation of specification architectural glass and windows products sold to the construction industry. It operates through the following geographical segments: Colombia, United States, Panama, and Other. The firm products include insulating glass, laminated glass, monolithic glass, and low-e glass. The company was founded in 2013 and is headquartered in Barranquilla, Colombia.
CymaBay Therapeutics logo

#9 - CymaBay Therapeutics

NASDAQ:CBAY
Stock Price: $2.89 (+$0.10)
PE Ratio: -2.51
Market Cap: $199.54 million
Average Trading Volume: 540,710 shares
Consensus Rating: Buy (7 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $10.43 (260.9% Upside)
CymaBay Therapeutics, Inc. engages in the provision and development of access to therapies for patients with liver and other chronic diseases with high unmet medical need. Its products pipeline include Seladelpar, MBX-2982, CB-0406, and CB-001. The company was founded on October 5, 1988 and is headquartered in Newark, CA.
Village Farms International logo

#10 - Village Farms International

NASDAQ:VFF
Stock Price: $5.22 (-$0.38)
PE Ratio: -130.47
Market Cap: $459.97 million
Average Trading Volume: 1.07 million shares
Consensus Rating: Buy (6 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $20.13 (285.5% Upside)
Village Farms International, Inc. engages in the management and operation of agricultural greenhouse facilities in United States and Canada. It operates through the following segments: Produce Business; Energy Business; and Cannabis. The Produce Business segment focuses in the production, marketing, and selling of product group which consists of tomatoes, bell peppers, and cucumber. The Energy Business segment offers power that it sells per a long-term contract to its one customer. The Cannabis segment covers the production and supply of cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally through Pure Sunfarms. The company was founded by Michael A. DeGiglio and Albert W. Vanzeyst in 1987 and is headquartered in Delta, Canada.
Everi logo

#11 - Everi

NYSE:EVRI
Stock Price: $18.62 (-$0.48)
PE Ratio: 28.65
Market Cap: $1.69 billion
Average Trading Volume: 667,634 shares
P/E Ratio: 28.6
Consensus Rating: Buy (7 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $27.57 (48.1% Upside)
Everi Holdings, Inc. engages in the provision of technology solutions to the casino, interactive and gaming industry. It operates through the following segments: Games and FinTech. The Games segment focuses on leased gaming equipment, sales of gaming equipment, gaming systems, interactive solutions and ancillary products and services. The FinTech segment provides access to cash at gaming facilities via ATM cash withdrawals, credit card cash access transactions and point of sale debit card cash access transactions, check-related services, fully integrated kiosks and maintenance services, compliance, audit and data software, casino credit data and reporting services and other ancillary offerings. The company was founded on February 4, 2004 and is headquartered in Las Vegas, NV.
Northern Oil and Gas logo

#12 - Northern Oil and Gas

NYSEAMERICAN:NOG
Stock Price: $21.74 (-$0.88)
PE Ratio: -3.42
Market Cap: $1.44 billion
Average Trading Volume: 837,619 shares
Dividend Yield: 1.41%
Consensus Rating: Buy (8 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $27.88 (28.2% Upside)
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.
CES Energy Solutions logo

#13 - CES Energy Solutions

OTCMKTS:CESDF
Stock Price: $1.82 (-$0.05)
Average Trading Volume: 50,040 shares
Consensus Rating: Buy (8 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $3.11 (70.7% Upside)
CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. It provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market. The company's solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products. It also designs and implements drilling fluid systems and completion solutions for oil and gas producers; and designs and manufactures production and specialty chemicals for use in the oil and natural gas production markets, the stimulation and fracturing markets, and the pipeline and midstream markets. In addition, the company provides environmental consulting, water management services, and drilling fluids waste disposal services primarily to oil and gas producers; and operates trucks and trailers to transport products in the oil and gas industry. It serves oil and natural gas industry, including multinational producers, intermediate oil and natural gas operators, independent juniors, and joint ventures, as well as pipeline and mid-stream markets in western Canada and the United States. The company was formerly known as Canadian Energy Services & Technology Corp. and changed its name to CES Energy Solutions Corp. in June 2017. CES Energy Solutions Corp. was incorporated in 1986 and is headquartered in Calgary, Canada.
NGM Biopharmaceuticals logo

#14 - NGM Biopharmaceuticals

NASDAQ:NGM
Stock Price: $14.55 (-$0.28)
PE Ratio: -9.04
Market Cap: $1.13 billion
Average Trading Volume: 282,791 shares
Consensus Rating: Buy (8 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $35.00 (140.5% Upside)
NGM Biopharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery and development of therapeutics for cardio-metabolic, liver, oncologic, and ophthalmic diseases. Its lead product candidate, aldafermin, is designed for the treatment of patients with non-alcoholic steatohepatitis, with liver fibrosis stage 2, 3, or 4. The company was founded by Jin-Long Chen on December 20, 2007 and is headquartered in South San Francisco, CA.
Topaz Energy logo

#15 - Topaz Energy

OTCMKTS:TPZEF
Stock Price: $14.09 (-$0.41)
Average Trading Volume: 1,896 shares
Consensus Rating: Buy (8 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $22.72 (61.2% Upside)
Topaz Energy Corp. operates as a royalty and energy infrastructure company. It operates through the segments, Royalty Assets and Infrastructure Assets. The company holds gross overriding royalty interests on approximately 3.0 million gross acres of developed and undeveloped lands. It is also involved in natural gas processing activities. The company was formerly known as Exshaw Oil Corp. and changed its name to Topaz Energy Corp. in November 2019. Topaz Energy Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.
Secure Energy Services logo

#16 - Secure Energy Services

OTCMKTS:SECYF
Stock Price: $4.63 (-$0.17)
Average Trading Volume: 12,716 shares
Consensus Rating: Buy (9 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $7.34 (58.6% Upside)
Secure Energy Services, Inc. engages in the provision of safe and environmentally responsible fluids and solids solutions to the oil and gas industry. It operates through the following segments: Midstream Infrastructure, Environmental and Fluid Management, and Corporate. The Midstream Infrastructure segment operates facilities throughout western Canada, in North Dakota and in Oklahoma and helps upstream oil and natural gas companies with the processing, storing, shipping and marketing of crude oil; processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment focuses on landfill disposal facilities; onsite abandonment, remediation and reclamation management; and drilling, completion and production fluid operations management for oil and gas producers in western Canada. The company was founded in 2007 and is headquartered in Calgary, Canada.
Xponential Fitness logo

#17 - Xponential Fitness

NYSE:XPOF
Stock Price: $15.83 (-$0.19)
Market Cap: $741.84 million
Average Trading Volume: 258,201 shares
Consensus Rating: Buy (9 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $23.56 (48.8% Upside)
Xponential Fitness Inc. is a curator of boutique fitness brands across multiple verticals. The company built and curated a diversified platform of boutique fitness brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running and yoga. Its portfolio of brands includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix and STRIDE. Xponential Fitness Inc. is headquartered in Irvine, California.
UserTesting logo

#18 - UserTesting

NYSE:USER
Stock Price: $6.51 (-$0.30)
Market Cap: $916.95 million
Average Trading Volume: 132,524 shares
Consensus Rating: Buy (10 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $13.56 (108.2% Upside)
UserTesting, Inc. engages in the operation of a software-as-a-service (SaaS) platform that enables organizations to know experiences of people as they engage with products, designs, apps, processes, concepts, or brands in the United States, the United Kingdom, and internationally. Its platform captures customer perspectives from targeted audiences who share their thoughts for digital, real-world, or omnichannel experiences. The company sells through a direct selling motion with field sales representatives; and inside sales organization that sells to mid-market, and small and medium-sized business customers. It serves customers in B2B and B2C technology, health and fitness, retail and apparel, travel and hospitality, financial services, automotive and transportation, food and beverage, consumer products, and other industries. The company was incorporated in 2007 and is based in San Francisco, California.
Switch logo

#19 - Switch

NYSE:SWCH
Stock Price: $24.78 (-$0.36)
PE Ratio: 145.76
Market Cap: $6.00 billion
Average Trading Volume: 1.34 million shares
P/E Ratio: 145.8
Dividend Yield: 0.84%
Consensus Rating: Buy (12 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $28.91 (16.7% Upside)
Switch, Inc. (Nevada) engages in the provision of technology infrastructure. It specializes in the development of digital platforms for digital media companies, cloud and managed service providers, financial institutions, and telecommunications providers. The firm's products include Switch CONNECT and Switch SAFE. The company was founded by Rob Roy in 2000 and is headquartered in Las Vegas, NV.
Energy Transfer logo

#20 - Energy Transfer

NYSE:ET
Stock Price: $9.17 (-$0.36)
PE Ratio: 5.09
Market Cap: $29.17 billion
Average Trading Volume: 19.78 million shares
P/E Ratio: 5.1
Dividend Yield: 6.40%
Consensus Rating: Buy (13 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $13.31 (45.1% Upside)
Energy Transfer LP provides natural gas pipeline transportation and transmission services. It operates through the following segments: Intrastate Transportation and Storage, Interstate Transportation and Storage, Midstream, NGL and Refined Products Transportation and Services, Crude Oil Transportation and Services, Investment in Sunoco LP, Investment in USAC, and All Other. The Intrastate Transportation and Storage segment owns and operates natural gas transportation pipelines. The Interstate Transportation and Storage segment includes transportation pipelines, storage facilities and gathering systems and deliver the natural gas to industrial end-users and other pipelines. The Midstream segment consists of natural gas gathering, compression, treating, processing, storage, and transportation. The NGL and Refined Products Transportation segment engages in the operations transport, store and execute acquisition and marketing activities utilizing a complementary network of pipelines, storage and blending facilities, and strategic off-take locations that provide access to multiple NGL markets. The Crude Oil Transportation and Services segment provides transportation, terminalling, acqui

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