At Zacks, we try to avoid labeling the stock as "cheap" or "expensive". We choose instead to look beyond the face value of an action and our system focuses on revisions to earnings estimates in order to find actions that hopefully will be winners. .
That said, low-priced stocks can still be attractive to investors because they offer the opportunity to acquire a larger position in a company, which they may not be able to obtain in higher priced shares. When we look for these low-priced stocks, we are always looking for similar trends in terms of growth, value and dynamism. We then apply the Zacks ranking to properly analyze the potential of these companies.
We have today highlighted five stocks that are currently trading at less than $ 10 per share. All of these stocks currently have a Zacks rank 2 (buy) or higher, and the selected companies are showing signs of growth in the market throughout 2019.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Check out these five big stocks under $ 10 for 2019:"data-reactid =" 25 ">Check out these five big stocks under $ 10 for 2019:
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "1. BlackBerry Limited BB"data-reactid =" 26 ">1. BlackBerry Limited BB
Previous closure: $ 8.26
BlackBerry has made itself known on the back of its once iconic smartphone brand. The company recently abandoned hardware manufacturing and now operates as a software and services company. BB currently ranks first (strong buy) and has an expected long-term EPS growth rate of 18.6% on an annualized basis. BlackBerry has also recently seen a review activity of positive earnings estimates.
With a 49.6-fold profit, the stock could seem overvalued, even at its current price of $ 8.26, but a PEG ratio of 2.7 indicates that potential BlackBerry investors are getting a reasonable price for this growth potential benefits. In addition, the company is trying to establish itself as a leader in the mobile enterprise security sector and in automotive companies, which could generate huge benefits for investors.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "2. Digital Turbine, Inc. APPS "data-reactid =" 30 ">2. Digital Turbine, Inc. APPS
Prior Close: 2.70 USD
Digital Turbine came out of the third quarter, which allowed it to achieve the best earnings and revenue estimates. The company operates in our Internet – Software business and its business is trying to connect OEMs, mobile operators and publishers to advertisers and application developers. APPS 'positive earnings review activity allows it to rank first (strong purchase).
The Austin, Texas-based company is expected to grow from an adjusted loss of $ 0.01 per share in the same period last year to a profit of $ 0.02 per share for the current quarter, based on of our current Zacks consensus estimate. This impressive net growth is expected to continue in the next quarter and next year. Digital Turbine's expansion is expected to be supported by revenue growth of 26.7% in the fourth quarter.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "3. Zix Corporation ZIXI"data-reactid =" 34 ">3. Zix Corporation ZIXI
Prior Close: 8.31 USD
Zix is a messaging security company that specializes in data loss prevention, threat protection, email encryption, and more. The company is expected to see its earnings announced soon rise 12.5% to $ 0.09 per share, thanks to revenue growth of 9%. The outlook for the next quarter looks much more positive for Zix, with our estimates of a 150% expansion of net profits and 25% of net earnings.
In addition, ZIXI is currently trading at 22.2 times earnings, which is a substantial discount from the industry average of 47.2 times. Zix is currently a Tier 2 (buy) security firm with a position in a security industry that currently ranks in the top 9% of the 255 industries in the sector.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "4. AudioEye, Inc. AEYE"data-reactid =" 38 ">4. AudioEye, Inc. AEYE
Prior Close: $ 9.90 USD
AudioEye is a cloud-based digital accessibility company. In short, it works with other companies looking to make their own websites and online platforms easier to use for those who need them. For example, AudioEye can help make a website controllable by means of voice commands, so that people who might not be able to use a keyboard and mouse can have the full experience of this. Web page.
AEYE is currently claiming Zacks Rank 1 (strong buy) in this period of exciting growth for the company. Activity is heating up and earnings growth in 2019 is expected to be up 33% from the expected 57% growth forecast for 2018. In addition, the company is also expected to see double-digit revenue growth from 2018 to 2019. And the stock has slowly been trying to break the range below $ 10 a share, a sign that growth has accelerated.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "5. inTest Corporation INTT"data-reactid =" 42 ">5. inTest Corporation INTT
Previous closure: $ 7.03
InTest is a Zacks Rank # 2 (Buy) that currently displays "A" ratings for value and growth in our style score system. INTT manufactures ATE interface solutions and temperature management products that are used by semiconductor manufacturers to perform important tests on certain circuits and wafers.
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