When looking for new stocks to invest in, finding a good balance of affordability and growth potential can be challenging. These stocks typically have more stability and long-term potential than a penny stock but are more affordable than some of the biggest names on the stock market. No matter what you are looking for, there are investment options on the market for every price point.
When looking at stocks under $50, you’ll want to look at their most recent financial data as well as their current stock performance. If their revenue and earnings per share numbers have been beating analyst expectations, that is often an indication that the stock price will follow.
- 1-800-Flowers.com (NASDAQ: FLWS)
- Sanmina Corp. (NASDAQ: SANM)
- Park Lawn Corporation (PLC)
- Telus (T.TO)
- Algonquin Power & Utilities Corp (AQN)
Are any of my Top 5 already on your Watchlist? Comment below and let me know.
Enjoy your weekend and stay tuned tomorrow morning for our in-depth breakdown of 1-800-Flowers.com.