What are the best stocks under $5.00, with good potential for growth?

Answer 1

There aren't a lot of quality stocks under $5, but I'll see what I can find for you. My advice, though, is to broaden your limits a little. If you're willing to pay up to $8 or $9, you'll find a much larger universe of quality growing companies. Most of what you find under $5 is garbage, with a few good possibilities in the mix.

Answer 2

Your chances of finding good stocks under $5.00 are not good. Finding best stocks is even more difficult.

My broker has a screen for these types and it lists 31 results under $10. Some are under $5.00. The screen selects stocks under $10 with projected growth rated of 15% over next 5 years and selling at a pe of less than 15.

TSYS $2.58
SNAK $2.67
ZHNE $1.98
CMOS $3.65
STXN $3.95
CNXT $2.31
FNSR $3.29
IINT $2.85

Surprisingly they all are supposed to be making a profit this year.

I know nothing about any of these companies other than what the screen popped out, but I did research the last on the list out of morbid curiosity. Analysts are recommending it as a strong buy. Amazing.

My broker is Fidelity. They have good research.

Answer 3

You're breaking investing rule #3;

Don't take "TIPS" from anyone (especially strangers on this forum).

Sounds like you're looking for a quick (easy) dollar. There is no such thing. Remember Bulls and Bears make profits.... pigs get slaughtered. Learn investing. Have an asset allocation model. Do your own research.

Answer 4

I like the Junior resource explorers in the oil and metals complex.