Looking for some right stocks beneath 10 dollars for a long occupancy investment ticker symbol?
Answers:
Go to yahoo nouns stock screener. knob contained by price 10.00; pe ratio < 25; roa > 12%; debt to equity < 50%; 5 yr income growth > 15%
You will find 7 companies that might be worthy investments one of which I own in reality myself looked at, but did not buy.
siri, rtk,chtr,
You would be much better to invest that money in a mutual fund. Fidelity Investments have a Low Priced Stock mutual fund that is to say ably researched and very well diversified. Other mutual fund comanies also enjoy such funds. Many enjoy the 5 star ranking from Morningstar.
I close to the following stocks, even though they cost more than $10 (remember that a thousand dollar investment is a thousand dollar investment, regardless of whether your buying 1000 shares of a $1 stock, or 2 shares of a $500 stock approaching G00GLE.)
Apple (AAPL, $130/share) Apple dropped sharply after its iphone runup due to the overall poor quality surrounded by the bazaar. I consider this make a great buy point-- the company be growing intensely speedily even back the iphone be introduced, and the iphone really is one of the coolest gadget ever invented and I hold beyond question Apple will go like mad of them contained by the coming years. The company in a minute sell at a extraordinarily temperate price within relation to the amount of money it is imagined to earn this year, and well-mannered iphone sale could convey the stock through the roof.
Senomyx (SNMX, $13/share) This company make compounds that allow food companies to use smaller amounts of positive ingredients (sugars, MSG) in their products. They've already creased up nouns deal near Coke, Nestle, Craft, Campbells, Cadbury Schweppes and a few other extraordinarily big companies, and products using their ingredients are of late starting to hit the flea market. This company could be an giant lolly cow contained by a couple of year.
Anika Therapeautics (ANIK, $18/share) They lately get approval for a sort of a cosmetic wonder gunk that fixes wrinkles, removes scar, etc. They're already profitable, hold profoundly of lolly, and I expect they'll turn up sharply once the wonder gunk starts selling.