3 Top Stocks Under $20
Investors like buying low-priced stocks because of the perception that it's easier to make money with them. It's why penny stocks are perennial favorites even though they carry exorbitant risk. If the stock moves up just a few cents, an investor can make phenomenal returns.
While that's more a prescription for losing your entire investment, there is some sense to investing in stocks that have some meat to them and are priced under $20 a share. These tend to be small- or mid-cap stocks that have real products, are producing profits, and can readily generate significant returns if their growth thesis holds.
All else being equal, it's arguably easier for a $20 stock to grow to $40 per share than for one valued at $300 to hit $600 per share. With that in mind, below are three low-cost stocks investors should consider.
Source Fool.com
