Stocks $10 Or Less
Many families who are new to trading don’t know how the best stock under $10 can have a much larger effect on your earnings than higher priced stocks. Due to their tiny size, any increase in the value of such stocks is proportionally much bigger than the same increase in a large cap stock. A stock worth $5 per share will give you a 20% return after a one dollar rise in value. The same rising trend in a $50 stock will get you just 2% in returns.
3 Examples of the Best Stock under $10
If you want to get returns the size of that, you must consider BI available as we enter the year 2012. Do not think that these stocks represent unproven, new companies. A few of them are formerly high-priced stocks from mega firms that have fallen on hard times. Sometimes, the best stock under $10 is just waiting for the right impetus to suddenly trend upward and bring steadfast financiers phenomenal returns.
Bank of America stock is currently selling for somewhere between 5 and 6 greenbacks per share. This global bank stock could have been unfairly punished for some of the recent housing issues. Do not be confounded if it rebounds sometime shortly.
The Panasonic Company is currently selling stock for a bit less than 2 bucks per share. They have nearly lost about 35% of share worth in the last year. Look for this technology stock are sure to bottom out shortly and begin trending upward in the near future. If you catch on to the trend at the appropriate time, it may bring you unthinkable returns.
Recent problems have reduced Xerox stock to virtually 30%. It is selling for rather less than nine bucks as the year opens up. That makes Xerox another good candidate for the best stock under $10.
Pan Global Corp. (PGLO) Penny Stock Trading Chart_12/17/2013