In a stock market, what matters is value, not quantity. Just because a stock has a high price doesn’t make it a great deal. You can make a profit by investing in a bunch of inexpensive stocks.
In this article, we will connect you with the best stocks under 10 dollars that have great potential to generate a good return in the long run.
One important thing you should know as an investor is that a stock price doesn’t necessarily reflect the value of the company. Remember that the market cap multiplies stock price by the number of shares outstanding.
If you really want to make money in a stock market, you have to learn to differentiate a cheap stock from an undervalued stock.
What Are the Best Stocks Under 10 Dollars?
Below is a list of cheap stocks ranging from tech to bank stocks and many more. Some of these stocks pay dividends, which can help you grow profit and re-invest further.
#1. Barings BDC
Barings BDC, Inc. offers one of the best stocks under $10 dollars. This company invests primarily in senior secured loans to private U.S. middle-market companies that operate across a wide range of industries.
Barings BDC specializes in the mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in the lower middle market, mature, and later-stage companies.
#2. SilverSun Technologies Inc
Funded October 3, 2002. SilverSun Technologies, Inc. engages is focused on business application, technology, and consulting services. SilverSun offers solutions for enterprise resource planning, accounting & business management, financial reporting, warehouse management systems, customer relationship management, and business intelligence.
#3. CymaBay Therapeutics
Formerly known as Metabolex, CymaBay Therapeutics Inc is a clinical-stage biopharmaceutical company that provides therapies to treat liver and other related diseases. CymaBay has a Market Cap of $516.65 million Consensus with 12 Buy Ratings.
#4. Perion Network
Perion Network is a technology company that delivers advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. Perion Network Ltd. started in 1999 and is headquartered in Holon, Israel.
This company provides a platform for advertisers to control their marketing expenditures and also search-based monetization solutions for publishers with analytics capabilities to track and monitor their business performance and many more.
Perion has a Market Cap of $204.94 million, a 25.3 P/E Ratio, 4 Buy Ratings, and a $10.19 Consensus Price Target.
#5. Cowen Group
Headquartered in Newyork. Cowen Group provides asset management through its Ramius unit, and investment banking services through Cowen and Company. Cowen currently has a market capitalization of $607million.
In 2019, Cowen’s earnings rose to $0.37 per share. According to Michael Corbett, the comanager of Perritt Low Priced Stock Fund (PLOWX), Cowen shares could hit $6.50 in the next 12 months.
#6. Carrols Restaurant Group
Founded in 1960 and headquartered in Syracuse, New York. Carrols Restaurant Group is a restaurant company. Carrols operates as a Burger King franchisee.
As of December 29, 2019, it had, as franchisee, 1,036 Burger King restaurants located in 23 Northeastern, Midwestern, and Southeastern states, and 65 Popeyes restaurants in seven Southeastern states.
LexinFintech Holdings Ltd., formerly known as Staging Finance Holding Ltd is an online consumer finance platform for young professionals in the People’s Republic of China. LexinFintech features a PE Ratio of 18.18, a $1.28 billion Market Cap, and a Price Target of $13.20.
#8. Aquestive Therapeutics
Founded in 2004 and headquartered in Warren, New Jersey. Aquestive Therapeutics is a pharmaceutical company that focuses on identifying, developing, and providing products to address unmet medical needs within and outside the United States.
Aquestive features a -4.39 PE Ratio, $237.36 million Market Cap, 6 Buy Ratings, and a $15.67 Consensus Price Target.
#9. Gamida Cell
Gamida is a clinical-stage biopharmaceutical company, develops cell therapies to cure blood cancers and serious blood diseases. The company was founded in 1998 and is headquartered in Jerusalem, Israel.
Gamida Cell offers one of the best stocks under $10 dollars, and features a -4.75 PE Ratio, $164.45 million Market Cap, 6 Buy Ratings, and a $16.40 Consensus Price Target.
Identiv is a security technology company that secures data, physical places, and things worldwide. Identiv was founded in 1990, headquartered in Fremont, California, and operates through two segments; Premises and Identity.
The company features a -18.68 PE Ratio, a $138.03 million Market Cap, 5 Buy Ratings, and a $7.88 Consensus Price Target.
#11. Aegon N.V.
Aegon N.V. is a Netherlands-based multinational company providing life insurance, pensions, and asset management. Founded in 1983, Aegon grew into a group of companies that operate worldwide with the U.S. being its largest market, where it’s known as Transamerica.
Aegon N.V. is a Financial services industry that offers one of the best stocks under 10 dollars, features a 4.95% Dividend Yield, and a Market Cap of $6.29 bln.
#12. Hewlett Packard Enterprise
If you’re searching for tech stocks under $10, Hewlett Packard(HP) has the best offer for you. HP is renowned Computer hardware & software, IT services & consulting enterprise. With a Dividend yield of 4.89%, and a $12.61 bln Market Cap.
The Hewlett Packard Enterprise is headquartered now in San Jose California, while the Hewlett-Packard Company, or HP Inc. since 2015, is based in Palo Alto, California.
Nokia is a popular multinational telecommunications, information technology, and consumer electronics corporation industry offering cheap stocks under 10 dollars.
Nokia was founded in 1865, headquartered in Espoo, Finland, and operating in a wide variety of industries. This company is currently one of the largest vendors of mobile phones and smartphones with a Market Cap of $22.41 bln.
#14. Marcus Corporation
Headquartered in Milwaukee, Wisconsin, USA. Marcus Corporation is a group of companies operating movie theatres, hotels, and resorts.
Established in 1935, Milwaukee operates at 90 locations in 17 different states, offers one of the best stocks under $10 dollars with a Market Cap of $237.3 million.
#15. Yamana Gold Inc
Starting in 1994, Yamana Gold Inc is a renowned mining industry that is based in Canada. The company owns and operates gold, silver, and copper mines in several countries, mainly in Canada, Chile, Brazil, and Argentina.
Yamana currently operates five gold mines located in Quebec, Chile, Brazil, and Argentina. The company’s dividend yield and market Caps are 1.26% and $5.84 bln respectively.
Buying stocks under $10 can be very profitable. Take advantage of our list of best stocks under 10 dollars. It will benefit you a lot. You can also find the best under-five dollar stocks with great potential.