A few years ago I wrote a newsletter that highlighted stocks under $10. I enjoyed doing the research and found that a number of the stocks I recommended to readers did rather well. I didn’t recommend pink-sheet stocks or thinly traded stocks. Everything I recommended was listed on an exchange and had average daily trading volume of 100,000 or more.
Some of the recommendations were on newer, up and coming companies, but some were well-established companies that had fallen below the $10 threshold. One specific company that was recommended in July 2016 was Fiat Chrysler