What is it about stocks under $5 that fascinates investors? Part of it, for sure, is the allure of finding the next Amazon.com Inc. (NASDAQ: AMZN) or Apple Inc. (NASDAQ: AAPL). At one point, these were low-priced stocks, and today they are two of the largest stocks by market capitalization. Investors who had the foresight - and the patience - to buy-and-hold these stocks over 20 years ago are sitting on massive profits.
Another appealing aspect of stocks under $5 is that they allow investors to take a sizable position in a stock without having to put in a lot of their own money. For example, investing $500 into a company's stock that is trading for $2.50 per share will get you 200 shares.
In this special presentation, we're looking at seven stocks with a stock price under $5 as of September 11, 2024. If you have some room in your portfolio for speculative stocks that could offer tremendous gains, consider these names.
Click the "Continue to Slide #1" button to view the first company.