Say these 2 sentences to your broker today… put up to $1,250 in your pocket on Friday (From Investing Daily) 3 Stocks Under $10 That Could Turn Risk Into Reward Stocks that trade for under $10 are often attractive to investors who are looking to make an outsized profit from a relatively low investment. Two of the best examples of this strategy are stocks like Palantir Technologies Inc. (NASDAQ: PLTR) and Robinhood Markets Inc. (NASDAQ: HOOD), which traded for less than $10 just two years ago. Unfortunately, if finding quality stocks under $10 was easy, every investor would do that. The reality is that buying cheap stocks carries risk. Many cheap stocks are cheap for a reason. Many of these companies are small-cap companies with challenges to their business models, and many are not profitable and/or have little revenue. However, managing risk is a key part of investing. If you’re willing to take on a little risk but still want to manage the amount you pay for those shares, several stocks under $10 are well-positioned for solid growth in the next 12 to 18 months. Vale Could Be a Choice if Investors Are Mining for Value Vale S.A. (NYSE: VALE) is a global miner and the world’s largest iron ore and pellets producer. That’s at the heart of the VALE stock price action in the last year, even though Vale reported its highest iron ore production level in over five years in the third quarter of 2024. However, that hasn’t been reflected in the VALE stock price, which decreased 13% in the three months ending February 4, 2025. That’s due to concerns over iron ore prices, which were suppressed in 2024 and will likely remain in that state for the next few years. However, the company is diversifying into other metals, including copper, which is likely to see strong growth in the coming years. As of the close of trading on February 4, 2025, VALE stock is up 5.58% in 2025. However, it’s still down 29.5% in the last 12 months. Nevertheless, despite several analysts lowering their price targets, the Vale analyst forecasts on MarketBeat give VALE a consensus price target of $13.89, a 47.58% upside, which is higher than the outlook for many basic materials stocks. That goes along with the company’s semi-annual dividend, which currently yields 9.58%. Wolfspeed May Reward Patient Investors Wolfspeed Inc. (NYSE: WOLF) is the world’s only pure-play, vertically integrated silicon carbide company. It also operates the world’s largest and only dedicated 200mm silicon carbide materials facility. Like many stocks in the semiconductor (chip) sector, WOLF stock has fallen sharply in the last 12 months. As of February 4, 2025, the stock is down more than 77%. One reason for the dip in Wolfspeed’s stock is the slowing demand for semiconductors, particularly in the electric vehicle (EV) industry. Silicon carbide is a key component in chip fabrication, so stocks like WOLF are impacted when chip demand slows down. Analysts remain optimistic on the 12-month outlook for WOLF stock. The $14.86 price target is 150% higher than the stock’s closing price on February 4. The outlook is that the company’s fundamentals are strong enough to help it weather this current downturn and be ready to lead the market higher in 2027. That means you have some time to scale into a position in WOLF stock, which still trades for around $5 per share. Topgolf Is in a Prime Position to Capture the Future of Golf The new Tomorrow Golf League (TGL) developed by Tiger Woods and Rory McIlroy is hoping to expand the audience for golf. If it successfully achieves that objective, Topgolf Callaway Brands Corp. (NYSE: MODG) is a likely candidate for growth. The TGL brings multiple layers of technology to bear in an immersive golf experience conducted entirely indoors. The 15-hole matches are designed to be completed in about two hours. Plus, the environment is more like a party than a quiet golf course. It’s exactly the kind of sensory experience that is likely to make golf more attractive to the gaming generation. The Topgolf experience isn’t like that. At least not yet. But it does provide an environment that brings golfers of all skill levels together. This includes technology-enabled hitting bays and Toptracer ball-flight tracking technology. And if a new generation embraces golf, they’ll need new equipment, which the Callaway side of the business will only be too happy to accommodate. MODG trades for $8.03 on February 4, 2025. But analysts believe it could hit $14.67 in the next 12 months. “A Maniacal Sense of Urgency” We could be just days away from Elon Musk launching his next big venture. One Boston based think tank believes it could have drastic impacts on your money and life in America. Get the details here.Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account. Learn these 4 simple steps and protect your savings before it’s too late. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here Written by Chris Markoch Read this article online › Recommended Stories: IBM’s AI Bet Pays Off—What’s Next for Investors? Has Trump finally met his match? (From Behind the Markets) 3 Reasons to Treat AMD's Drop as an Entry Opportunity Collect $7k per month from Tesla’s SECRET dividend (From Investors Alley) Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity? High-Momentum ETFs Leading the Market This Year How Alibaba Stock Could Defy Trade Tariffs and Surge Higher Did you like this article? |