Is Gen Digital (GEN) One of the Best Dirt Cheap Stocks to Buy?

Gen Digital Inc. (NASDAQ:GEN) is one of the 11 Dirt Cheap Stocks to Buy According to Analysts. On October 3, Jefferies reiterated its Hold rating on Gen Digital Inc. (NASDAQ:GEN) with a price target of $31.

Jefferies highlighted some risks in the short term, especially related to Gen Digital Inc.’s (NASDAQ:GEN) expansion into financial wellness services by acquiring MoneyLion.

Despite the short-term challenges that come with the MoneyLion acquisitions, Jefferies believes that in the long term this deal will help Gen Digital Inc. (NASDAQ:GEN) broaden its platform and benefit from cross-selling and upselling opportunities.

Gen Digital Inc. (NASDAQ:GEN) is a global company that offers products and services in cybersecurity, online privacy, identity protection, and financial wellness.

While we acknowledge the potential of GEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.