3 Great Stocks Under $10 a Share
In theory, it shouldn't matter. In the same sense that two $10 bills are the same as one $20 bill, two shares of a $10 stock is the equivalent to one share of a $20 stock. In fact, companies can raise or lower their share price on a whim just by simply splitting or reverse-splitting their stock. You're investing in a company rather than a stock that fits a particular profile.
Nevertheless, there's just something about lower-priced stocks for companies that compels. To the extent it matters anymore -- which isn't much -- it's certainly easier to acquire a true "round lot," or 100 shares of a stock that used to be easier to buy and sell. There's also some broad evidence suggesting lower-priced equities perform better than higher-priced tickers, even if it's greater volatility doing the bulk of that heavy lifting.
With all that as the backdrop, here's a rundown of three of the market's top prospects among stocks currently trading at less than $10 per share.
Source Fool.com
