6 Cheap Stocks That Wall Street Analysts Still Love There are cheap stocks, and then there are penny stocks. The former aren’t necessarily bad investments. The latter — defined as stocks trading at $5 or less — often turn out to be duds. Let’s take a look at six cheap stocks that analysts love. For this article, cheap stocks will be those companies whose July 26 closing share price was $20 or less. In addition, they will be stocks where at least 10 analysts cover the business and have an average rating of “outperform” or “buy.” I’ve been able to find 19 stocks that meet this criteria. Here are my six cheap stocks from six different sectors: TIGO Millicom International Cellular $15.23 NIO Nio $20.22 FTI TechnipFMC $8.31 AZEK Azek Company $19.60 XM Qualtrics International $12.60 HST Host Hotels Resorts $17.97 Cheap Stocks: Millicom International Cellular (TIGO) Source: IgorGolovniov | Shutterstock There are currently 13 analysts covering Millicom International Cellular (NASDAQ: TIGO ). Of the 13 analysts, nine rate it a “buy,” one rates it “overweight” and three have it as a “hold.” This makes for an overall rating of overweight.