Investors need to be careful when fishing for stocks in the low-priced sea. Many of these stocks are priced low for good reasons -- they're quite risky and/or have limited growth potential.
That said, there are certainly some low-priced stocks that are worthy of your consideration as investments. Two such stocks priced at under $20 per share that have good long-term growth potential are Brazilian water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) -- or Sabesp, for short -- and desalination specialist Consolidated Water (NASDAQ: CWCO).
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