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7 Stocks Under $20 That May Double by 2024 - 7 of 7

 
 

#7 - Pearson (NYSE:PSO)

As a company that specializes in creating educational content, Pearson (NYSE: PSO) is a company that is in the crosshairs of artificial Intelligence (AI). The emergence of generative AI is changing the way students “engage” with online learning.  

However, AI also presents Pearson with an opportunity if it can find a way to apply AI into its online content. As of July 2023, the company hasn’t come out with a comprehensive AI strategy. However, in May the company announced it would introduce “AI based open response assessments” and “proprietary predictive algorithms...” into its English Language Learning and Workforce Skills offerings.  

How the company continues to respond to the growth of AI will go a long way to determining the fate of PSO stock between and the end of 2024. However, the Pearson analyst ratings on MarketBeat, give the stock a Moderate Buy rating and a price target that suggests PSO stock could deliver multi-bagger returns for investors.  

 

 

 

 

About Pearson

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education. Read More 
Current Price
$15.36
Consensus Rating
Moderate Buy
Ratings Breakdown
1 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
N/A

 

As you can see, there are several attractive stocks you can buy for under $20. And this is not an exhaustive list by any means.  

To help you find stocks that fit your investment style, MarketBeat has tools such as the MarketBeat stock screener. This user-friendly tool lets you filter stocks for certain attributes including by sector and current price. This can help you quickly find stocks under $20 that fit with criteria that you use with other investments. 

And if you want to invest in inexpensive stocks but with less risk, you can consider buying shares of an exchange-traded fund (ETF). While you won't find an ETF that specifically invests in stocks under $20, you can find sector ETFs like biotech or mining stocks. You can also invest in funds that focus on small-cap stocks or mid-cap stocks.  

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