ZNGA - 2 Top Stocks Trading Under $10
It's not always the case, but it's generally true that lower-priced stocks tend to have smaller market caps and potentially more room for long-term growth. They also offer an opportunity to buy higher numbers of shares if your investment funds are limited. These companies can help investors who don't have thousands of dollars available to put toward investing in higher priced companies in the stock market (although the option to buy fractional shares has helped many investors get around that issue). And while a low-priced stock is sometimes an indicator of a company in trouble, that's also not always the case. Just because the price is low, doesn't necessarily mean the stock isn't a good investment.
Here are two well-regarded stocks trading under $10 a share, that are currently in -- or poised to make -- bull runs. The first pick is Glu Mobile (NASDAQ: GLUU), an undervalued video game company with an exciting freemium business model. The second pick is Zynga (NASDAQ: ZNGA), another game developer that drives growth through highly synergistic acquisitions.
Both of these top stocks look ready for the big leagues. Let's find out a bit more about them.