Although many stocks trade below $10 per share, some deserve that price more than others. Many will remain stuck at that level, while some go on to produce massive growth. AMD is on fire after falling into penny-stock status five years ago. And at the low point of the dot-com bust, even Amazon briefly fell below the $10-per-share level.
Likewise, many stocks under $10 per share today also could move significantly higher. Investors looking for such potential could find it in stocks including Ironwood Pharmaceuticals (NASDAQ: IRWD) , Nokia (NYSE: NOK) , and Zynga (NASDAQ: ZNGA) .
Ironwood Pharmaceuticals develops treatments for gastrointestinal (GI) issues. For now, it survives on a product called linaclotide, better known by its market name, Linzess. Linzess treats irritable bowel syndrome (IBS) and can also relieve chronic constipation.
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3 Great Stocks Under $10