LLNW - 2 Top Stocks Trading Under $10
A company's stock price doesn't fully represent its size -- that's determined by its market cap: the price of each share multiplied by the number of shares outstanding. But smaller stocks are often more comfortable bets for investors who don't have a huge amount of money to put into the stock market, or want to get in on the ground floor of an exciting growth opportunity. Limelight Networks (NASDAQ: LLNW) and Sirius XM (NASDAQ: SIRI) are two top stocks trading under $10, and they both boast convincing competitive advantages in their respective industries. Let's dig a little bit deeper to find out why you should consider adding these companies to your portfolio.
Image Source: Getty Images.
Limelight Networks operates a global content delivery network that helps clients distribute digital media to consumers through the internet. With a current price of $5.31 per share and a market cap of $648 million, Limelight is a small-cap stock. But it has big potential because of its strong focus on video services -- an addressable market that is heating up as more media companies launch direct-to-consumer (streaming) platforms.