InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Today, we’ll be looking at the best stocks under $15 to buy for the new year. The $15 threshold is interesting. It’s not necessarily penny-stock territory, as that typically denotes a share price of $5 or less. You won’t find many household or blue-chip names trading below this level either (though there are a few).
What this threshold provides is the chance to purchase shares of undervalued and underappreciated companies that have the potential to deliver outsized investing returns over the medium to long term. However, due to the more speculative nature of stocks with relatively low share prices, you must be able to separate the wheat from the chaff, especially in the face of mounting economic headwinds. Thus, I based my assessment of the best stocks under $15 to buy on financial strength/stability, risk profile and valuation.
A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare.
The post The 7 Best Stocks Under $15 to Buy Now appeared first on InvestorPlace.