From Yahoo Finance: 2025-04-23 12:07:00

In an article discussing the best cheap stocks to buy under $10, The AES Corporation (NYSE:AES) is highlighted. Tom Lee, Fundstrat CIO, predicts market uncertainty and potential downside. Lee also discusses a ‘Granny Shot’ ETF and Bitcoin’s future. The AES Corporation (NYSE:AES) expects significant growth in renewable energy in 2025.

Ranked 2nd on the list, The AES Corporation (NYSE:AES) is a power generation and utility company with a forward P/E ratio of 4.45 and 53 hedge fund holders. The company anticipates substantial growth in its renewable energy sector, with a projected 60% year-over-year increase in adjusted EBITDA in 2025.

The AES Corporation (NYSE:AES) has expanded its online renewable capacity and expects an average annual growth rate of 19% to 21% for the Renewables SBU’s adjusted EBITDA. While AES shows promise as an investment, there are opportunities in AI stocks with potentially higher returns in a shorter time frame. Check out the report on the cheapest AI stock for more information.

Read more: Is The AES Corporation (AES) the Best Cheap Stock to Buy Under $10?