2 Top Stocks Under $20
The price of a stock doesn't really tell you much about it. A stock trading at $1,000 per share could be a bargain, while one trading at $2 per share could be expensive. To properly determine if a stock is trading at an attractive price, investors have to weigh a number of metrics, ranging from earnings generation to growth potential (and consider the company's valuation with respect to its industry average).
That said, some investors do tend to favor lower-priced stocks for the simple reason that they can purchase more total shares with a given amount of money. If you're looking for stocks under $20 per share that are worth a closer look, then consider Cara Therapeutics (NASDAQ: CARA) and TG Therapeutics (NASDAQ: TGTX). These pharma stocks have gone in different directions in the last year, but both should be intriguing to investors with a long-term mindset.
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Source Fool.com
