While many stocks are expensive, many were beaten down this spring and look very affordable as we head into summer. In addition, the rotation out of technology growth stocks dubbed the “tech wreck on Wall Street,” and market volatility has pushed down the share price of many well-performing stocks, presenting some outstanding cheap stocks to buy for savvy investors.
For $50 a share or less, investors can add several stocks to their portfolios that have a lot of potential for long-term gains. Moreover, as the economy picks up in the second half of the year, many stocks can be expected to outperform. These five stocks all have excellent buying opportunities in June that could provide future profits.
- Carparts.com (PRTS)
- Draftkings (DKNG)
- Sunrun (RUN)
- Nautilus (NLS)
- Leggett & Platt (LEG)
Are any of my Top 5 already on your Watchlist? Reply back and let me know.
Enjoy your weekend and stay tuned tomorrow morning for our in-depth breakdown of Carparts.com.