2 Top Stocks Around $5
Just because a stock is available at a low price, that doesn't mean it's a good value. A stock that's trading around $5 or less that doesn't exhibit growth characteristics or represent a value opportunity is not worth much. But when you can find stocks in this price range that do offer growth potential, they are worth considering. Here are two such stocks, both trading around $5 per share or less, that are poised to surge this year and beyond.
One cheap stock to keep an eye on is LiveXLive Media (NASDAQ: LIVX). The stock has surged about 147% in the past year and is up about 24% year to date. LiveXLive offers a platform for livestream and on-demand digital audio and video as well as podcasts. The platform can be accessed on the internet or through smartphones via the LiveXLive mobile app, and also allows users to create their own customized music stations.
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Source Fool.com
