3 “Strong Buy” Stocks Under $5 That Are Ready to Run Higher [Yahoo! Finance News]
ORBCOMM Inc. (ORBC)
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Source: Yahoo! Finance News
Whatever the reason a stock is trading for under $5 a share, these stocks are conversation starters. Some will point out the low valuation of these companies presents opportunity for upside which will be hard to come by when investing in a large-cap. What’s more, you can load up on a much larger number of shares than you could with a stock trading in triple or even double digits. On the other hand, the naysayers argue these tickers are likely to have bad fundamentals and face too many obstacles and, therefore, are more of a speculative shot at lottery like returns than an investment. Either way, both are right, and both could be wrong, too. The trick, as with any investment, is to find the most compelling opportunities the market presents. We went on our own intrepid search for 3 stocks trading at a bargain price, specifically looking for ones which those in the know think are poised to take off over the next 12 months. We used TipRanks’ Stock Screener tool Orbcomm Inc. ORBC ) Orbcom
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