EGHT - 3 Top Tech Stocks Under $20 Per Share
Share prices are only loosely related to the value of the stock and the underlying company. There are microcap stocks on the market with share prices above $100. Many enormous companies are trading at penny-stock share prices. Stock splits and reverse splits can manipulate share prices without making any real difference to the overall value of the company.
At the same time, low stock prices can let small investors get started on a new stock with minimal friction. The lack of trading fees in most stock-trading platforms helps even further. You don't have to save up for a large investment in order to overcome the profit-busting effect of high trading fees. It's easy to get your feet wet on Wall Street with a limited supply of cash nowadays.
On that note, let's have a look at three fantastic technology stocks that will set you back less than $20 per share.