Top Cheap Stocks To Own For 2022

When it comes to the stock market, the general consensus is that cheap stocks are cheap for a reason. However, there are times where a good business or good opportunity is under-appreciated by the stock market.

Those stocks seem to slip through the cracks, even though many of these companies are well-known entities.

Granted, a lot of times cheap stocks fail to pay off. However, we’ve seen more than enough examples where a $15 stock goes to $50 or a $20 stock scores to $75. Are we looking at that opportunity for some of the names below?

Perhaps.

Let’s look at seven cheap stocks to speculate on with a few hundred bucks:

Ford (NYSE:F) Palantir (NYSE:PLTR)  Opendoor Technologies (NASDAQ:OPEN) BlackBerry (NYSE:BB) SoFi Technologies (NASDAQ:SOFI) Gogo (NASDAQ:GOGO) AcuityAds Holdings (NASDAQ:ATY)

Now, let’s dive in and take a closer look at each one.

Cheap Stocks to Buy: Ford (F)

Top Cheap Stocks To Own For 2022: UnitedHealth Group Incorporated(UNH)

UnitedHealth Group Incorporated provides healthcare services in the United States. Its Health Benefits segment offers consumer-oriented health benefit plans and services to national employers, public sector employers, mid-sized employers, small businesses, and individuals; and non-employer based insurance options for purchase by individuals. It also provides health and well-being services for individuals aged 50 and older; and for services dealing with chronic disease and other specialized issues for older individuals, as well as health plans for the beneficiaries of acute and long-term care Medicaid plans. This segment offers its services through a network of 730,000 physicians and other health care professionals, and 5,300 hospitals. Its OptumHealth segment provides health, financial, and ancillary services and products that assist consumers through personalized health management solutions; benefit administration, and clinical and network management; health-based financi al services; behavioral solutions; and specialty benefits, such as dental, vision, life, critical illness, short-term disability, and stop-loss product offerings. The company?s Ingenix segment offers database and data management services, software products, publications, consulting and actuarial services, business process outsourcing services, and pharmaceutical data consulting and research services. Its Prescription Solutions segment provides integrated pharmacy benefit management services comprising retail network pharmacy contracting and management, claims processing, mail order pharmacy services, specialty pharmacy, benefit design consultation, rebate contracting and management, drug utilization review, formulary management programs, disease therapy management, and adherence programs to employer groups, union trusts, managed care organizations, Medicare-contracted plans, Medicaid plans, and third party administrators. The company was founded in 1974 and is based in Minne tonka, Minnesota.

Advisors’ Opinion:

  • [By ]

    Top holdings include the likes of Microsoft(MSFT), Walmart (WMT), JPMorgan Chase (JPM), Procter & Gamble (PG) and UnitedHealth Group (UNH).

    “VIG is well-diversified at the sector level, offering a much more balanced portfolio than either the iShares Select Dividend ETF (DVY) or the SPDR S&P Dividend ETF (SDY),” Kern adds.

  • [By ]

    The 60 or so holdings in this fund are a simple listing of the healthcare stocks that are present in the broader S&P 500 Index. These companies are then weighted by size, so familiar names like Johnson & Johnson (JNJ), UnitedHealth Group (UNH) and Pfizer (PFE) top the list of components.

  • [By ]

    If you want to follow that constant increase in spending, then why not focus on this sector? FSPHX provides a simple and diversified way to do so. The fund owns about 120 total stocks, with top holdings right now including insurance giant UnitedHealthGroup (UNH), as well as mid-sized vascular device company Penumbra (PEN).

  • [By Faizan Farooque]

    Nevertheless, JPMorgan is a bellwether for the U.S. economy. As consumer spending comes roaring back to life, JPM is a safe stock to have in your portfolio.

    UnitedHealth Group (UNH) Source: Ken Wolter / Shutterstock.com

    UnitedHealth Group is a data-driven healthcare enterprise comprised of Optum, its pharmacy and care delivery division, and UnitedHealth, the nation’s largest health insurer. Overall, the group oversees 140 million patients who produce approximately 1.5 trillion transactions per year. That is a big data pool, which is leveraged to improve medical care.

Top Cheap Stocks To Own For 2022: USG Corporation(USG)

USG Corporation, through its subsidiaries, engages in the manufacture and distribution of building materials worldwide. The company offers gypsum and related products, including gypsum wallboard, joint compounds used for finishing wallboard joints, cement boards, glass mat sheathing, gypsum fiber panels, poured gypsum underlayments, ultra light panels, and various construction plaster products. Its gypsum products are used in various building applications to finish the interior walls, ceilings, and floors in residential, commercial, and institutional constructions, and repair and remodel constructions. The company also produces gypsum-based products for agricultural and industrial customers to use in various applications, including soil conditioning, road repair, fireproofing, and ceramics. In addition, it manufactures ceiling grid and acoustical ceiling tile for electrical and mechanical systems, and air distribution and maintenance applications. USG Corporation distribut es its gypsum products through specialty wallboard distributors, building materials dealers, home improvement centers and other retailers, contractors, and a network of distributors. Further, it distributes other manufacturers? gypsum wallboard, joint compound and other gypsum products, as well as drywall metal, insulation, and roofing products and accessories. The company sells its products under SHEETROCK, DUROCK, FIBEROCK, SECUROCK, LEVELROCK, RED TOP, IMPERIAL, DIAMOND, SUPREMO, AURATONE, ACOUSTONE, DONN, DX, FINELINE, CENTRICITEE, CURVATURA, and COMPASSO brands. The company was founded in 1901 and is based in Chicago, Illinois.

Advisors’ Opinion:

  • [By Ethan Ryder]

    ILLEGAL ACTIVITY WARNING: “USG (USG) Issues Quarterly Earnings Results” was originally posted by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at www.tickerreport.com/banking-finance/4157507/usg-usg-issues-quarterly-earnings-results.html.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on USG (USG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Get a free copy of the Zacks research report on USG (USG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Cheap Stocks To Own For 2022: Emerson Electric Company(EMR)

Emerson Electric Co. operates as a diversified manufacturing and technology company. The company engages in appliance solutions, climate technologies, industrial automation, motor technology, network power, process management, professional tools, and storage solutions businesses. Its appliance solutions business provides appliance controls, appliance motors, heating products, and white-rodgers; climate technology business provides heating, ventilation, air conditioning, and refrigeration (HVACR) solutions for residential, industrial, and commercial applications; and industrial automation business offers bearings and power transmission products, electrical power generation products, electric motors, variable speed drives and servos, electrical products, material joining solutions, fluid automation products, and wind turbine systems. The company?s motor technology business provides appliance motors, HVACR motors, DC motors, fractional horsepower motors, integral horsepower a nd larger motors, and drives; network power business provides power, precision cooling, connectivity, and embedded solutions; and process management business provides various wireless related products from self-organizing field networks to wireless asset and people tracking. Its professional tools business offers pipe working and threading equipment, pressing technology, utility locating and visual diagnostics systems, drain maintenance tools, power tools, air tools, general purpose hand tools, wet/dry vacs, job site storage equipment, truck tool boxes and equipment, and van storage equipment; and storage solutions business provides shelving and storage products for residential, commercial, and foodservice needs, as well as offers specialized carts, mobile computer workstations, and cabinet fixtures. The company was founded in 1890 and is headquartered in St. Louis, Missouri.

Advisors’ Opinion:

  • [By Lee Samaha]

    In PMT, Honeywell’s process-solutions rival Emerson Electric (NYSE:EMR) continues to report strong results. But whereas Emerson’s CEO David Farr is expecting to benefit from relatively stronger LNG (liquefied natural gas) spending in the current cycle, Honeywell’s LNG revenue accounts for just 5% of its PMT sales, and it’s more heavily exposed to petrochemical and refining spending.

  • [By ]

    Emerson Electric Co. (NYSE: EMR) offers technology and engineering solutions to industrial, commercial and consumer markets. While it has had exposure to oil and gas, the company is poised for earnings growth, and its dividend hike in November of 2018 marked the 62nd straight year of dividend hikes.

Top Cheap Stocks To Own For 2022: Express-1 Expedited Solutions Inc.(XPO)

XPO Logistics, Inc. provides third-party logistics services using a network of relationships with ground, sea, and air carriers in the United States, Mexico, and Canada. It operates in three segments: Express-1, Concert Group Logistics, and Bounce Logistics. The Express-1 segment offers ground expedited surface transportation services for freight. It operates a fleet ranging from cargo vans to semi tractor trailer units. The Concert Group Logistics segment provides domestic and international freight forwarding services through a network of independently owned stations. Its domestic freight forwarding services include air charter, expedites, and time sensitive services, as well as cost sensitive services comprising deferred delivery, less than truckload, and full truck load services; and international freight forwarding services consist of on-board courier and air charters, time sensitive services, less-than-container and full-container-loads, and vessel charters. This segm ent also offers documentation on international shipments, customs clearance and banking, trade show shipment management, time definite and customized product distributions, reverse logistics and on site asset recovery projects, installation coordination, freight optimization, and diversity compliance support services. The Bounce Logistics segment provides premium freight brokerage services for truckload shipments. The company serves approximately 4,000 retail, commercial, manufacturing, and industrial customers through 6 U.S. operations centers and 22 agent locations. It offers its services to the automotive manufacturing, automotive components and supplies, commercial printing, durable goods manufacturing, pharmaceuticals, food and consumer products, and high tech sectors. The company was formerly known as Express-1 Expedited Solutions, Inc. and changed its name to XPO Logistics, Inc. in September 2011. XPO Logistics, Inc. was founded in 1989 and is based in Buchanan, Michi gan.

Advisors’ Opinion:

  • [By ]

    Breakups are a great way for companies to unlock a lot of value, Cramer reminded viewers. That's certainly been the case with XPO Logistics  (XPO) – Get Report, which recently spun off GXO Logistics  (GXO) – Get Report, and with the former L Brands, which split itself into Victoria's Secret  (VSCO) – Get Report and Bath & Body Works  (BBWI) – Get Report.

  • [By Jeremy Bowman (TMFHobo)]

    There’s a lot going on with XPO Logistics (NYSE:XPO) these days.

    The transportation company just spun off its contract logistics division, GXO Logistics (NYSE:GXO), making it easier for investors to value the stock compared with less-than-truckload peers like Old Dominion and Saia. XPO also just posted record results in its second-quarter earnings report, showing the company is benefiting from the economic reopening.

  • [By Lou Whiteman (TMFeldoubleu)]

    With Motley Fool analyst Nick Sciple returning from his honeymoon, Motley Fool contributor Lou Whiteman joins this episode of Industry Focus: Energy to bring us up to speed on stories he might have missed in July, including Boeing (NYSE:BA), Lockheed Martin (NYSE:LMT), Tesla (NASDAQ:TSLA), and XPO Logistics’ (NYSE:XPO) earnings.

  • [By Dan Caplinger]

    Monday was an extremely strong day for the stock market, as major indexes finished well above where they started the session. Favorable economic data on retail sales renewed confidence that the U.S. economy continues to do well despite headwinds elsewhere around the world, and investors were pleased to see the U.S. and China discuss their respective currencies as part of their broader trade talks. Some benchmarks rose as much as 2%, but certain individual stocks saw even larger gains. NVIDIA (NASDAQ:NVDA), XPO Logistics (NYSE:XPO), and Infinera (NASDAQ:INFN) were among the top performers. Here’s why they did so well.

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