4 well-known companies promote stocks to buy under $ 10 – 24/7 Wall St.
While most of Wall Street focuses on large and large cap stocks because they provide a degree of safety and liquidity, many investors are limited in the number of stocks they can buy. Many of the largest public companies, especially the tech giants, trade in the hundreds, up to over $ 1,000 a share or more. At these high prices, it’s hard to get decent leverage on the number of shares.
Many investors, especially the more aggressive traders, see low-priced stocks as a way to not only make money, but also get more stocks. It can really help the decision making process especially when you are on a winner because you can always sell half and keep half.
We sifted through our 24/7 Wall St. research database for smaller cap companies that could very well offer patient investors huge returns for the remainder of 2021 and beyond. Many of the world’s largest companies, including Apple and Amazon, have traded in single digits at one point.
Although the following four actions are rated Buy, it is important to remember that no analyst report should be used as the sole basis for any decision to buy or sell.
This is a small cap gold stock for aggressive investors looking for sector exposure. B2Gold Corp. (NYSE: BTG) is a growth-oriented, mid-size global gold producer whose primary assets include gold mines located in Nicaragua (La Libertad and El Limon), the Philippines (Masbate) and Namibia (Otjikoto ) and Mali (Fekola).
Last year, the company announced positive drilling results in the Mamba zone, located in the Anaconda region approximately 20 kilometers from the Fekola mine, as well as positive infill drilling results in the mineral resource zone of Fekola and results of extension to the north of the Fekola Resource.
Investors receive a solid dividend of 4.04%. The BofA Securities team has a target price of $ 5.45 on the stocks. The posted consensus target is much lower at $ 3.50. Shares closed at $ 3.96 on Friday, down nearly 7%.