Is Ambev S.A. (ABEV) The Best Stock Under $10 to Buy Now?

From Yahoo Finance: 2025-03-31 15:43:00

US stocks declined on March 28, Friday due to Trump’s trade war and rising inflation. The Dow fell almost 1.7%, the S&P 500 dropped nearly 2%, and the Nasdaq suffered the most with a 2.7% decrease. Inflation pressures persist, as consumer prices rose more than expected in February.

Trump had a “very good talk” with the new Canadian Prime Minister and plans to proceed with tariffs against Canada. Stocks have been volatile, starting strong then sharply declining following news of new duties on auto imports. Broad reciprocal tariffs are set to take effect on April 2.

Ambev S.A. (ABEV), a Brazilian brewing company, ranks among the best stocks under $10 to buy now. With brands like Skol and Brahma, ABEV operates in 18 countries. The company is focusing on digital transformation with its B2B platform serving 1.3 million monthly active buyers and its Zé Delivery platform growing 10% year-over-year.

ABEV ranks 7th on the list of the best stocks under $10. While ABEV shows promise, some AI stocks may offer higher returns in a shorter timeframe. For a more promising AI stock trading at less than 5 times its earnings, check out the report on the cheapest AI stock.

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