3 Top Stocks Under $5
No mention of the COVID-19 pandemic should begin without acknowledging the devastating effect it has had on our lives as we work, first and foremost, to keep ourselves and our loved ones safe. In turn, it has also had a major effect on the economy, the markets, and businesses -- big and small.
While the stock market is gradually climbing up from its lows, many good, solid companies have seen their stocks plummet to near all-time lows. Here are three good stocks trading at $5 or below that investors would be smart to consider -- Ford Motor Company (NYSE: F), Sirius XM Holdings (NASDAQ: SIRI), and B2Gold (NYSEMKT: BTG).
It might seem unlikely that this automobile manufacturing giant is trading at about $5 per share, but that is indeed the case. Ford has had its share of problems over the years, but it has been moving in the right direction under new CEO Jim Hackett. It has improved its balance sheet, with $22.3 billion in cash at the end of 2019, and focused on revamping and modernizing its lineup of cars and trucks with a big focus on electric vehicles, as my colleague John Rosevear recently pointed out. It also ramped up a strategy to boost sales in China.
Source Fool.com
