Explore the five best cheap stocks to buy now in the AI market. Discover how LevelFields can help you find better investment ideas fast.
AI
November 21, 2024
Table of Contents
Artificial intelligence isn’t just a buzzword anymore. It’s changing how the world works.
From healthcare and finance to logistics and national defense, it's driving innovation, automating complex tasks, and opening up entirely new business models. For investors, that means opportunity.
The challenge? Many of the biggest names in AI are already trading at sky-high prices. Thankfully, if you know where to look, there are still undervalued stocks flying under the radar.
If you’re on the hunt for cheap stocks to buy now that tap into the power of AI and could help you make smarter financial decisions (and potentially more money), these five picks deserve your attention.
AI stocks are shares of companies that either develop artificial intelligence from the ground up or use it to improve their business practices.
Some are developing the core tech, like machine learning models, neural networks, or AI chips. Others are applying AI in practical ways, from streamlining customer service to automating supply chains.
For investors, AI stocks open the door to one of the most promising sectors in today’s economy.
While not every pick will be a winner (in fact, some will inevitably miss expectations), understanding what these companies do can help you protect your portfolio and spot real opportunities while they’re still trading at a discount.
Whether you’re building a long-term portfolio or just looking for smart investment advice for AI stock trading, these five picks below offer a compelling place to begin your research and empower you to make better financial decisions.
Market Cap: $136.97 million
Current Price: $1.16
Rekor Systems is using artificial intelligence to modernize how cities manage traffic and transportation. Its core platforms, Rekor One® and Rekor Command™, turn live video and sensor data into real-time insights for governments and businesses. Their tools are already being used for law enforcement, toll systems, and smart city planning.
REKR may not be profitable yet, but it's operating in a space with enormous potential. With a trading price just over $1, this is one of the most accessible AI stocks out there.
Just keep in mind: stocks like REKR can be volatile. But for those willing to ride the ups and downs, it could be a strong early position in a sector that’s only going to grow.
Market Cap: $3.95B
Current Price: $10.73
SoundHound AI is all about voice; specifically, making machines understand and respond to humans through advanced conversational AI. Its technology is already powering voice assistants in Hyundai and Kia vehicles, restaurant drive-thrus, and call centers across industries.
SoundHound’s 151% year-over-year revenue growth in Q1 2025 is a clear sign of accelerating sales and adoption. It boasts of $246 million in cash and no debt, which puts it on a solid foundation to scale.
If you’re looking to build a position in AI without paying top dollar, SoundHound offers a compelling entry point.
Market Cap: $6.15B
Current Price: $64.68
Upstart is using AI to give the lending industry a much-needed upgrade. Instead of just relying on FICO scores, Upstart’s models look at things like education, work history, and even spending patterns to evaluate creditworthiness.
The result? Faster loan approvals, and often fairer access to credit for people who might otherwise be overlooked.
It’s a major shift in how lending works, and one that could change the economics of consumer finance.
While Upstart’s trading price is higher than your typical penny stock, it still counts as one of the more undervalued stocks in the AI-driven fintech world.
In Q1 2025 alone, the company originated over $2.1 billion in loans, which is clear proof that both lenders and borrowers are buying into their approach.
For investors looking beyond hype and into AI’s real-world impact, especially in banking and credit, Upstart offers a grounded growth story.
Market Cap: $321.7B
Current Price: $136.32
Palantir builds powerful AI platforms that help governments, corporations, and critical infrastructure providers make smarter decisions using big data.
The company’s reach spans major industries like healthcare, energy, and national security, which gives it one of the most durable customer bases in the AI space.
Palantir isn’t a cheap stock by share price, but it’s one of the most compelling long-term plays in AI. It posted strong earnings growth in 2025, which has doubled its profit year-over-year. It’s also expanding into high-impact sectors.
For investors who care more about lasting value than short-term AI trading moves, Palantir offers a rare mix of scale, innovation, and staying power, which makes it a good, strong buy.
Market Cap: $3.85 trillion
Current Price: $157.99
NVIDIA is the undisputed leader in AI infrastructure. Its high-performance GPUs power everything from ChatGPT to autonomous vehicles, and the company continues to push the edge of what’s possible in artificial intelligence, cloud computing, and advanced robotics.
Major tech giants, like Microsoft, Amazon, and Meta, rely on NVIDIA hardware to run and scale their AI models.
NVIDIA isn’t a cheap stock by any measure, but it’s still one of the most strategic stocks to buy for long-term AI exposure. Its revenue growth and dominant position in the data center market alone make it a cornerstone of the modern AI economy.
If you want to focus on wealth management and high-conviction positions, it offers long-term upside.
Investing in low-priced AI stocks can give you exposure to one of the most innovative and fast-moving sectors in the market, without needing a massive upfront investment.
Here’s why more investors are starting to add them to their trading or long-term portfolios:
AI isn’t limited to just tech companies. It’s being used in healthcare, finance, defense, e-commerce, and more.
That means when you invest in AI, you're not just betting on one sector. You’re building a more diversified account with real future potential.
From language models to autonomous robotics, new AI breakthroughs are hitting the market every year. If you’re early to a company that delivers real innovation, you could see major upside down the road.
Many early shareholders in now-established AI firms are already enjoying outsized returns as valuations catch up to the tech’s real-world value.
AI continues to be one of the hottest sectors in 2025. Analysts at CNBC, Morningstar, and the Motley Fool are regularly spotlighting AI stocks to buy.
As institutional money flows in and research coverage grows, companies with real traction may see prices climb, rewarding those who got in before the crowd.
Like any high-growth sector, AI comes with its share of risks, especially if you're focusing on lower-priced or lesser-known names.
Here’s what you should be aware of before making a move:
AI stocks, especially cheap ones, tend to be volatile. Prices can spike on a rumor and crash on a headline. Hype on YouTube, news from China, or broad Nasdaq swings can all trigger dramatic moves.
If you're not prepared for the ups and downs, these trades can quickly shake your confidence.
Many AI companies are still in early stages. They may not have a clear revenue model, and their past performance might not tell you much about what’s coming next.
Before you take a position, dig into the company’s earnings, leadership, and product roadmap. Solid research here makes all the difference.
As AI expands into sensitive areas like surveillance, defense, and financial services, regulators are stepping in. New laws could change how these businesses operate, how they generate money, or even what they’re allowed to sell.
That could impact growth, especially for firms that haven’t fully scaled yet.
Before you buy into the hype, it pays to dig deeper. Many AI stocks appear attractive on the surface, but smart investors go beyond the flashy headlines, YouTube videos, and search engine results.
That first page of Google might include the same recycled stock tips. Check investment sites, sure, but balance them with company filings, earnings transcripts, and expert links from trusted analysts.
Look past buzzwords. Is the company solving real problems? Do they have customers? Has their tech been featured in enterprise use cases or government deals?
Ignore hype cycles and clickbait requests. Instead, look at revenue growth, cash position, and product adoption. That’s what separates truly valued companies from those just hoping to ride the trend.
New to trading stocks in the AI space? You don’t need to be a pro to get started, but you do need a plan.
Are you in this for short-term momentum or long-term money growth? Clarifying your goals helps shape everything from your account setup to how you handle market dips.
Pick an AI trading platform that offers fractional shares, strong research tools, and low fees. Bonus points if it lets you create watchlists or track AI-specific sectors.
Stick to companies you’ve heard of, used, or read solid analysis on. Being an informed member of the investing community means knowing your picks, beyond just what’s trending.
Don't feel pressure to go all in. Start with one or two positions, follow their performance, and build your confidence before you dive into more complex strategies.
Identifying AI stocks at the right moment requires more than watching the news or reading another article. You need actionable signals, and that’s exactly what LevelFields delivers.
LevelFields is a cutting-edge AI platform that scans the market for real-time catalysts, such as earnings beats, discounted valuations, partnership announcements, insider buying, and more.
Whether you're searching for AI stocks that recently appeared on the Nasdaq radar or ones under pressure that are due for a rebound, LevelFields helps you filter the noise and focus on data-backed decisions.
It’s built for traders and investors who want to:
If you’re serious about investing in AI and want an edge that helps you act with confidence, join LevelFields today and get AI insights working for you.
Stocks under $1 are often labeled penny stocks, and while some are high-risk, others may be overlooked, undervalued stocks with untapped potential. Look for companies with a compelling product, improving earnings, and insider ownership.
No one can predict the future with certainty, but analysts highlight AI firms with strong sales pipelines and expanding margins as potential breakout candidates. Always do your own research before you purchase.
Focus on stocks with clear revenue growth, strong leadership, and real AI use cases, not just buzzwords. Platforms like LevelFields help identify penny stocks that have recently shown bullish activity or institutional buying.
Several companies in AI, cloud, and automation are still trading under $10 and may offer meaningful upside. Check financial figures, product traction, and industry relevance to assess whether a stock is valued appropriately or selling at a discount.
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