Low-priced stocks are an active playground for speculators, but it can also be fertile ground for investors. There are plenty of stocks trading in the single digits that have strong prospects or encouraging catalysts for a turnaround.
Stocks in the single digits are risky, and there's no sugarcoating that reality. However, the upside is undeniable when investors tap the right ones. Let's look at Vipshop Holdings (NYSE: VIPS), Crocs (NASDAQ: CROX), and Fitbit (NYSE: FIT), three names that could be among the top stocks trading under $10 a share.
Image source: Fitbit.
Source: Fool.com