ZNGA is standing up remarkably well in the quarantine era as people increasingly turn to mobile devices for entertainment. While growth is likely to decelerate quickly from such unsustainable levels, analysts still expect 40% revenue growth in 2020. Last quarter, the social gaming developer behind franchises like Words With Friends, Zynga Poker, CSR Racing and FarmVille set new first-quarter revenue records - up 52% overall, with quarterly bookings surging 18%. Zynga's portfolio of popular games, combined with some truly impressive recent growth, makes it one of the best cheap stocks to buy under $10. In sharp contrast to ADT, which, as one of the more contrarian names on this list, is coming off a lousy 2019, ZNGA shares rallied last year, adding more than 50%. An admittedly slow but altogether steady grower, Sirius is consistently profitable, and the $26 billion company just approved $2 billion in stock buybacks to take advantage of 2020's modest pandemic-induced price decline. The company's savvy strategy of partnering with auto manufacturers to preinstall SiriusXM in new models should help steadily grow the business. Although Netflix ( NFLX) gets all the Wall Street love for its growing stream of recurring revenue, Sirius' situation is pretty rosy, too - SIRI added 1.1 million subscribers in 2019 alone, bringing its total paying subscribers to roughly 30 million. Sirius built on that with the 2018 acquisition of Pandora, helping to reignite rapid revenue growth its audio products now reach more than 100 million people. Since Sirius and XM Radio merged in 2008, the combined Sirius XM Holdings has enjoyed a near-monopoly on satellite radio. Some (but not all) come with higher-than-average risk. Here are nine of the top cheap stocks on the market now. That said, two of the previously mentioned best cheap stocks to buy under $10 have already zoomed into double digits, so there are diamonds to be found in the rough. Regardless, a given stock trading for less than $10 doesn't make it a steal, and the most popular Robinhood stocks don't always make the best investments. That dynamic came to a swift end in the first few months of the year, although the subsequent rally technically started a whole new bull market. history, and investors had to hunt a little harder than usual to find cheap stocks. When 2020 began, the stock market was nearly 11 years into the longest bull market in U.S.
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