EXEL - 2 Stocks to Buy With Less Than $20
2023-03-10 10:07:00 ET
After the market's sharp downturn in 2022, many stocks fell to attractive levels. And while some have started to recover this year, major indexes have yet to wipe away the losses they accumulated last year. Plenty of exciting companies still seem pretty cheap.
Let's consider two companies trading below $20 right now that are worth investing in today: Exelixis (NASDAQ: EXEL) and Snap (NYSE: SNAP) .
Shares of this oncology-focused biotech are currently selling for about $16.50. Over the past year, has underperformed the market, partly due to reliance on its crown jewel, Cabometyx, which generates the bulk of its sales. Being highly dependent on just one source of revenue can be a problem for any business that isn't a monopoly.
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2 Stocks to Buy With Less Than $20