Cheap stocks are risky. But, they have the potential to make huge gains. Below, you’ll find some of the best cheap stocks to buy right now, in 2022. The opportunities for this year are wide and varied across many industries. So, you’ll find that these stocks reflect that.

Top Cheap Stocks to Buy Now

No. 1 Banco Bradesco SA (NYSE: BBD)

Industry: Brazilian Financial Services: banking, wealth and investment/advisory services

Home Country: Brazil

Market Cap: $34.5 billion

News: Recently, Banco Bradesco, one of the best cheap stocks to buy now, announced that Pix Saque is now registered with 22K companies. Pix Saque is a payment brand owned by Banco. And it’s unique because it merges the digital payment world with physical cash.

Here’s how it works. A QR code is presented to the customer. Then, they scan it with their phone, allow the transaction and get cash in their hand on the spot.

Dividend: 5%

No. 2 B2Gold Corp. (NYSE: BTG)

Industry: Gold Mining

Home Country: Canada- they own mines in South America, Africa and the Philippines

Market Cap: $4.5 billion

News: Receiving a new permit for an untapped area means more revenue flow. This cheap stock to buy now recently received a permit they needed. And, they’ve begun drilling one of the untapped mines.

Dividend: No

No. 3 Paysafe Ltd. (NYSE: PSFE)

Industry: Online Payments

Home Country: United Kingdom

Market Cap: $2 billion

News: Recently, this cheap stock has brought on a new chairman. Plus, the company’s partnered with many brands. Including Hard Rock Online Casino in New Jersey. And they’ve been adding more people to their ‘digital wallets team.’ An expansion into sports betting is also a noteworthy achievement. And it’s one that happened within the past few months.

Dividend: No

No. 4 Kosmos Energy Ltd. (NYSE: KOS)

Industry: Offshore Energy Exploration: specifically, oil and gas

Home Country: United States

Market Cap: $2.6 billion

News: Recently, this cheap stock to buy now has been busy with an appraisal of a newer well. In addition, results came out better than they expected. So, that means higher revenues for Kosmos. And, higher profits.

Dividend: No

No. 5 Cazoo Group Ltd. (NYSE: CZOO)

Industry: Auto Retail, online ordering for buying cars

Home Country: United Kingdom

Market Cap: $2 billion

News: This cheap stock has been busy lately. They’ve become sponsors of several large associations. Such as, Real Sociedad, a Spanish football club. And, they’ll be on Valencia SF shirts in a stadium for European football.

Dividend: No

No. 6 Pitney Bowes Inc. (NYSE: PBI)

Industry: Global Logistics: shipping, financial services and technology

Home Country: United States

Market Cap: $826 million

News: This cheap stock has received a Forbes 2022 America’s Best Large Employers badge and title. The company also launched an advanced shipping platform. And, they released a poll saying customers still prefer at-home delivery. That is, over curbside pickup.

Dividend: 4%

No. 7 Telefonica SA (NYSE: TEF)

Industry: Telecommunications

Home Country: Spain, but they operate around Europe and South/Mid- Americas

Market Cap: $24 billion

News: This is one of the largest telecom providers in the world. So, this cheap stock to buy now has recently joined up with Polygon. And, Telefonica is creating solutions for Web3.

Dividend: 10.5%

No. 8 DingDong (Cayman) Ltd. (NYSE: DDL)

Industry: Logistics- they offer food distribution services

Home Country: China

Market Cap: $1 billion

News: Although this website is in Chinese, I can tell they work with many well-known food brands. Including Cheetos, Pepsi and dozens of others.

Dividend: No

No. 9 TenCent Music Entertainment Group (NYSE: TME)

Industry: Online Entertainment

Home Country: China

Market Cap: $7.5 billion

News: This cheap stock has recently been able to list on Apple Music. And as interest in the Asian culture grows in the U.S., this music is poised to succeed.

Dividend: No

No. 10 Oatly Group AB (Nasdaq: OTLY)

Industry: Food Production

Home Country: Sweden

Market Cap: $3.4 billion

News: More people are turning to plant-based foods, and this offers milk made from oats. Recently, Oatly has changed some of its Board of Directors. And, they attended a Citi Global Consumer Conference.

Dividend: No

Keep reading for more info on the best cheap stocks to buy now.

No. 11 Huttig Building Products Inc. (Nasdaq: HBP)

Industry: Building Materials

Home Country: United States

Market Cap: $250 million

News: This company has been in business for over 130 years. And, now they’re expanding. The company bought a $250 million new facility on credit.

Dividend: No

No. 12 Evolution Petroleum Corp. (NYSE: EPM)

Industry: Energy

Home Country: United States

Market Cap: $270 million

News: Evolution has recently announced higher cash dividends for this cheap stock’s shareholders. And, it acquired new assets in Wyoming.

Dividend: 5%

No. 13 Trean Insurance Group Inc. (Nasdaq: TIG)

Industry: Insurance

Home Country: United States

Market Cap: $352 million

Dividend: No

No. 14 Zynga Inc. (Nasdaq: ZNGA)

Industry: Gaming/ Social Networking

Home Country: United States

Market Cap: $10 billion

News: This cheap stock will be very busy in the next months. Because, Zynga just teamed up with Lucasfilm Games to creates new characters for a Star Wars game.

Dividend: No

No. 15 ACCO Brands Corp. (NYSE: ACCO)

Industry: Office Equipment/ Products Manufacturer

Home Country: United States

Market Cap: $817 million

News: Recently, this cheap stock has announced great earnings and sales. Plus, the company appointed a new Director to the Board. And, they’ll be participating in the BofA Securities 2022 Consumer and Retail Tech Conference.

Dividend: 3.5%

No. 16 Energy Transfer LP Unit (NYSE: ET)

Industry: Energy- oil and gas

Home Country: United States

Market Cap: $32 billion

News: In recent news releases, Energy has been expanding efforts with alternative energy. And, it’s entered an agreement to sell its energy interest in Canada.

Dividend: 6.7%

No. 17 Cornerstone Building Brands (NYSE: CNR)

Industry: Construction/ Building Materials

Home Country: United States

Market Cap: $3 billion

News: Cornerstone is a cheap stock that is entering an agreement to be bought out by another company. And this company, Clayton, Dubilier, and Rice (CDR), is paying $5.8 billion. This is great for both companies. Because it allows CDR to expand. But, it also allows Cornerstone to grow into new highs.

Dividend: No

No. 18 Nio Inc. (NYSE: NIO)

Industry: Automotive Electric Vehicle Market

Home Country: China

Market Cap: $30 billion

News: This cheap stock provided a release talking about delivery numbers for past months. And in February 2022, Nio delivered 6,131 vehicles. Plus, that’s a 9.9% increase compared to February 2021.

Dividend: No

No. 19 New Oriental Education and Technology Group Inc. (NYSE: EDU)

Industry: Education

Home Country: China

Market Cap: $2 billion

Dividend: No

No. 20 Telecom Italia (OTC: TIIAY)

Industry: Telecommunications

Home Country: Italy

Market Cap: $5.3 billion

News: This cheap stock has announced a plan by the Board of Directors to scale up and strengthen its growth.

Dividend: 4.5%

No. 21 TAL Education Group (NYSE: TAL)

Industry: Education- secondary school and tutoring

Home Country: China

Market Cap: $1 billion

News: There is not much recent news that I can find for this cheap stock to buy now. But, in 2017, TAL received the BrandZ Top 100 Chinese Brands award.

Dividend: No

Cheap Stocks to Buy Now No. 22 First Horizon Corp. (NYSE: FHN)

Industry: Financial Services- banking

Home Country: United States

Market Cap: $12.6 billion

News: TD bought First Horizon recently. And, now TD has plans to expand into the Southeast U.S. with this cheap stock.

Dividend: 2.5%

Final Thoughts on Cheap Stocks to Buy Now

As you can see, there are plenty of cheap stocks to buy now. They can help add some diversification and gains to your portfolio. And, although many cheap stocks don’t offer dividends, there are definitely some to be found. And that’s always a nice bonus when investing.