3 Top-Ranked Cheap Stocks to Buy to Start 2022

LendingClub $LendingClub (LC.US)$ is a diversified, web-based lending company that allows customers to take out auto loans and beyond. The company has expanded its reach through a key 2021 acquisition and it’s poised to grow within the larger fintech world. LendingClub stock is also trading at a massive discount to its November highs and its current Zacks price target.

Next up is Sonos SONO $Sonos (SONO.US)$ . The new-age speaker company competes against Bose and others in the high-end home audio market. Sonos sells connected speakers, subwoofers, soundbars, and more, and it’s amassed a loyal and growing customer base. Sonos is up 90% in the last two years, but SONO currently hovers well below its highs to help it look rather enticing considering its fundamentals.

Last up is the Ford Motor Company F. $Ford Motor (F.US)$ Ford led the charge during the original automotive revolution. Clearly, it wasn’t out of the gates first in the electric vehicle race, but that doesn’t mean Ford can’t thrive. In fact, Wall Street is already buying Ford’s EV future, with the stock up 180% in the trailing 12 months. And the stock surged Tuesday after it made another bullish EV announcement.

Part of the content is taken from Yahoo.