Stocks priced under $10 may seem appealing to bargain hunting investors, but a low stock price is often a sign of poor business fundamentals or a broken operating model. Finding high-quality opportunities in this price range is a challenge considering most companies with low stock prices have significant risks and uncertain futures.
However, there are a handful of hidden gems that offer frugal investors a rare combination of affordability and strong fundamental potential. These investments come with all the perks of stocks trading for hundreds of dollars a share. The expert analyst team at Bank of America has sifted through the market to identify eight high-quality, low-priced stocks under $10:
Stock
Itau Unibanco Holding S.A. （ticker: ITUB）
Banco Bradesco S.A. （BBD）
Grab Holdings Ltd. （GRAB）
Aegon Ltd. （AEG）
Gerdau S.A. （GGB）
Grifols S.A. （GRFS）
Turkcell Iletisim Hizmetleri A.S. （TKC）
Cosan S.A. （CSAN）
Itau Unibanco Holding S.A. （ITUB）
Itau Unibanco is a leading Brazilian bank and financial services provider that accounts for roughly 20% of Brazil’s commercial foreign exchange market. The bank also provides financial products and services such as asset management, investment banking and insurance throughout Latin America. Analyst Mario Pierry says Itau management’s execution has been impressive and the bank deserves a premium valuation. Pierry says Itau’s industry-leading technology and outperformance in small- and medium-sized enterprise banking, investments and high-income retail banking have the company well positioned for the next economic cycle. Bank of America has a “buy” rating and $9.30 price target for ITUB stock, which closed at $9.17 on Feb. 18.
Banco Bradesco S.A. （BBD）
Banco Bradesco is one of Brazil’s largest banks. It’s Brazil’s leading private-sector bank in several key segments, including insurance, leasing, private pension funds and asset management. Pierry says Bradesco management is executing a five-year turnaround plan that will help the bank continue to steadily improve profitability. In fact, he projects return on equity will reach cost of equity in the second half of 2026, a dynamic Pierry says will help the stock’s price-to-book ratio expand to 1.3 within the next year. Bank of America has a “buy” rating and $4.80 price target for BBD stock, which closed at $3.98 on Feb. 18.
Grab Holdings Ltd. （GRAB）
Grab is a leading super-app in Southeast Asia, providing services such as deliveries, mobility and digital financial services to millions of customers in Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Cambodia and Myanmar. The Grab app connects millions of users, drivers and merchants, and the company generates revenue via commissions on transactions. Analyst Sachin Salgaonkar says Grab’s super-app creates a massive flywheel, unlocking synergies and forming a competitive moat as the platform grows. Salgaonkar says quick-commerce, autonomous vehicles and affordable offerings could drive mobility acceleration. Bank of America has a “buy” rating and $6.20 price target for GRAB stock, which closed at $4.45 on Feb. 18.
Aegon Ltd. （AEG）
Aegon is a Dutch insurance company that offers insurance, savings, pension, and investment products and services around the world. In December, Aegon announced plans to move its headquarters to the U.S. and change its name to Transamerica, a transition that it aims to complete by the end of 2027. Analyst David Barma says the shift in headquarters could open doors for Aegon in the long term. However, Aegon is currently focusing on de-risking its business, which Barma says will weigh on capital returns. Bank of America has a “buy” rating and $8.65 price target for AEG stock, which closed at $7.80 on Feb. 18.
Gerdau S.A. （GGB）
Gerdau is a Brazilian steel producer that specializes in long steel products and operates throughout the Americas. The company also runs a major scrap metal recycling operation. Analyst Caio Ribeiro says about half of Gerdau’s earnings before interest, taxes, depreciation and amortization come from U.S. operations, and the U.S. long steel market has seen robust demand and rising prices. Gerdau has also reduced capital expenditures, which should support profitability in 2026 and 2027. Ribeiro projects an 8.2% free cash flow yield for Gerdau in 2026. Bank of America has a “buy” rating and $5 price target for GGB stock, which closed at $4.12 on Feb. 18.
Grifols S.A. （GRFS）
Grifols is a health care company headquartered in Spain that manufactures blood plasma-derived therapies. The company’s leading products include immunoglobulins used to treat immunodeficiencies and neurological disorders and albumin products used in critical care for conditions such as liver failure and burns. Analyst Sachin Jain says Grifols’ strong growth outlook is not reflected in its current valuation. Following post-COVID struggles and accounting concerns, Jain says Grifols needs to deliver consistent execution and above-average earnings growth to regain the trust of investors and unlock value. Bank of America has a “buy” rating and $12.20 price target for GRFS stock, which closed at $9.72 on Feb. 18.
Turkcell Iletisim Hizmetleri A.S. （TKC）
Turkcell is the leading mobile network operator in Turkey, and it also has operations in Ukraine, Belarus and Cyprus. The company provides customers with voice, data, TV, and enterprise and consumer services on mobile and fixed networks. Analyst Cesar Tiron projects 7% inflation-adjusted revenue growth and 43% margins for Turkcell in 2026. He says the commercial launch of 5G service in April could be a bullish catalyst, and data centers will account for about 10% of Turkcell’s overall revenue in the next five years. Bank of America has a “buy” rating and $7.45 price target for TKC stock, which closed at $7.02 on Feb. 18.
Cosan S.A. （CSAN）
Cosan is a conglomerate based in Brazil that invests in companies that operate in several major markets, including renewable energy, gas, agribusiness and mining. The company has ownership stakes in several businesses within the energy and infrastructure industries, including its Raizen joint venture with Shell PLC （SHEL）， its Compass natural gas provider, its Moove lubricant business and its Rumo railway transportation subsidiary. Analyst Isabella Simonato says Cosan is a high-quality company that is taking the right steps to deleverage its balance sheet. Bank of America has a “buy” rating and $7.50 price target for CSAN stock, which closed at $4.88 on Feb. 18.
