SIRI - 3 Top Stocks Trading Under $10 a Share
The number of quality stocks trading under $10 has never been a very high number. That's because good companies don't stay cheap for long -- their valuations grow rapidly as more investors hop on board and push the stock price to new heights.
With that in mind, here are three small-cap stocks currently trading for under $10 a share that probably won't stay that way for long and are ready for the big leagues. Each of these companies has a strong business model and the potential for long-term growth.
The first pick is Jumia (NYSE: JMIA), a troubled e-commerce company poised for a comeback. The second pick is Glu Mobile (NASDAQ: GLUU), a mobile game developer that can thrive amid the coronavirus pandemic. And the third pick is Sirius XM (NASDAQ: SIRI), a satellite radio operator that will benefit from its expansion into music and podcast management.