7 Cheap Stocks That Are Trading at a Discount When the stock market is suffering this badly, it’s pretty easy to find cheap stocks that are trading at a discount. But finding those that have the best potential to return to their winning ways requires some expertise and a little finesse. True, the major indices are down big these days, anywhere from 13% for the Dow Jones Industrial Average to 25% for the tech-heavy Nasdaq composite. Fears of runaway inflation, rising interest rates, the lingering Covid-19 pandemic, the war in Ukraine and the possibility of a recession are doing a number on returns. Those are just a few reasons why it’s good to have some tools to help you evaluate the market — particularly when stocks are bleeding red pretty much anywhere you look. My Portfolio Grader evaluates on a variety of metrics, so that’s what we’ll use to look for some low-cost stocks that are seriously undervalued these days. All of these names are trading for less than $10 (and many are in penny stock territory), but that may not last forever. 7 Best Small-Cap Growth Stocks to Buy Now Don’t be surprised when these names start moving higher — and then you would have wished you grabbed some or all of these cheap stocks that are trading at a discount.