"Best"? Hmm. Standard & Poors has a list of the 500 "best" stocks in their considered opinion of a balance with some 19-20 common measures and indicators. They have two stocks that are under $5: Sanmina Science (SANM) and Solectron (SLR). Both are selling in the mid-$3 range and both have a S&P rating of "hold". This is not to say 'buy it with both hands, but if you are holding the S&P500, then hold on to this--a euphamistic way of saying it's not doing so well right now, but might recover.
What I found, however, and I'm not in it myself, but it is under $5, it has a low PEG, an above-industry average profit margin, and has exceptional anticipated earnings growth over the next year is the wafer maker United Microelectronics Corp ADR (UMC). It is currently trending down over the last few days, and has been fairly static over the last few months, but it won't likely embarrass you much over the long run.
Remember, cheap stocks are often cheap for a reason. The three I mentioned have factors that tend to make them less risky than their similarly priced peers.
2007-06-07 09:13:15
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answer #1
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answered by Rabbit 7
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2017-01-10 18:17:27
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answer #2
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answered by Anonymous
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