7 Cheap Stocks Under $20 That Could Double Soon Good things sometimes come in small packages. These seven cheap stocks under $20 all have the potential to double soon. However, for that to happen, the economy has to cooperate. So, inflation must go, or at the very least, moderate a little. To select the seven names on my list, I gathered a diversified group of stocks that are down on their luck, but not out of the game entirely. Further, they’re covered by at least five analysts, are a part of the SP 1500 , have a projected price|earnings-to-growth (PEG) ratio over the next 12 months of less than 2, and generate annual free cash flow of at least $100 million. 7 Cheap Growth Stocks That Won''t Stay That Way for Long My screening criteria produced 23 names. These seven are the stocks I think can deliver for investors over the remainder of 2022: Ticker Company Price SSP The E.W. Scripps Company $15.26 COTY Coty Inc. $7.21 AEO American Eagle Outfitters, Inc. $12.19 MD Mednax, Inc. $20.10 KAR KAR Auction Services, Inc. $16.73 VIAV Viavi Solutions Inc. $14.82 MAC The Macerich Company $11.12 Cheap Stocks Under $20: E.W.