9 Best Budget Stocks Under $10 to Buy Today

Credits: Canva

By: Aquib Nawab


Spain's telecom leader, Telefónica, offers a unique 7.8% dividend. Analyst Adrian Ng praises their debt reduction strategy, exiting Central America, acquisitions in Germany and Brazil, and a U.K. joint venture with Liberty Global. CFRA rates TEF as 'buy' with a $4.50 target.

1. Telefónica SA (TEF)

Credits: Bloomberg

Nokia, a telecom and digital map expert, thrives in the early 5G wave. Analyst Keith Snyder believes in Nokia's rebound, despite recent hurdles. CFRA recommends buying NOK stock at $5.50.

2. Nokia Corp. (NOK)

Credits: Bloomberg

3. Tencent Music Entertainment Group (TME)

Despite regulatory hurdles in China, Tencent Music's online music services are set to expand margins, backed by analyst Ahmad Halim. CFRA keeps a "buy" rating, targeting TME stock at $9.

Credits: SCMP

Aegon, a Dutch insurer, aims to meet 2023 financial goals. Analyst Jeff Lye praises its dividends and buybacks, expecting double-digit cash yield. CFRA rates AEG as 'buy' with a $6.50 target.

4. Aegon Ltd. (AEG)

Credits: Seeking Alpha

Korea Electric Power (KEP) anticipates economic growth challenges in 2024, but higher tariffs and strategic asset sales may counterbalance. Government backing assures policy support. CFRA rates KEP as a "buy" with an $8.50 target.

5. Korea Electric Power Corp. (KEP)

Credits: Wikipedia

6. Telecom Italia S.p.A. (OTC: TIIAY)

Telecom Italia, Italy's top telecom provider, shines with strong stock performance. Their commitment to divestitures and debt reduction is evident, as seen in the network sale to KKR & Co. Inc. CFRA reaffirms a "buy" rating with a $3.50 price target.

Credits: Bloomberg

Despite hurdles, First Quantum Minerals, a major copper producer, could shine again. Analyst Matthew Miller sees hope in rising copper prices and Cobre Panama mine reopening. CFRA rates FQVLF 'buy' with a $10.51 target.

7. First Quantum Minerals Ltd. (OTC: FQVLF)

Credits: First-Quantum

Polestar Automotive excels in electric vehicles with strong growth potential. Analyst Garrett Nelson applauds its profitability, rising deliveries, and European market advantage. CFRA rates PSNY as a "buy" with a $3 target.

8. Polestar Automotive Holding UK PLC (PSNY)

Credits: Business Wire

9. iQiyi Inc. (IQ)

iQiyi, China's top streaming platform akin to Netflix. With an innovative monetization strategy featuring premium content and tiered memberships, it's on track to profit in 2023 through online ads. CFRA recommends a "buy" with a $6.50 target.

Credits: The Globe and Mail

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