2 Great Stocks Trading for Under $10 (or Around $10) a Share
When investors consider which companies belong in their portfolios, a stock's price per share should not be a primary factor. A small price tag has little real bearing on whether a stock is actually a good value. What more often indicates whether a stock may be a deal are the ratios of share price to the actual business's metrics -- earnings, sales, cash flow, etc.
Nor does share price alone say much about the size of the company -- a high-market-cap company can trade at a low price if the share float (the total number of shares in circulation) is large. Most important for investors, if a company's shares have declined in value, they may have done so for good reason.
All that being said, when a quality company combines compelling value with a low share price, the long-term returns for investors can be stellar. Here are two solid examples of stocks currently trading under $10 or around $10 per share that have the potential to run much higher.
Source Fool.com
