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3 Top Stocks Under $20

TheMotleyFool

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Why do stocks trade under $20 a share?

Sometimes it's bad news that sends companies to that price point. It's probably wise to avoid those stocks unless the company has fixed its problems. But sometimes it's fast-growing, small-cap companies trading under $20 a share. That's an exciting situation to find.

Glu Mobile (NASDAQ: GLUU) makes games for your smartphone, including a big one it's releasing next year. MeiraGTx (NASDAQ: MGTX) is an impressive biotech attempting to find cures for blindness and Parkinson's. And Enphase Energy (NASDAQ: ENPH) is a small cap racing to provide solar energy to residences.

Source Fool.com

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