Good morning, If you bought Nvidia Corporation at the beginning of 2023, you’ve more than doubled your money. As of this writing NVDA stock is up more than 150%. A similar story has emerged with Tesla, Inc.. Investors who owned the stock at the beginning of 2023 have doubled their money. There are stocks that do this every year. But if you don’t own the “right” stocks at the right time, you’ll miss out on these gains. And as many investors find out that sometimes these large-cap stocks draw heavy interest from institutional investors. That can make retail investors, particularly buy-and-hold investors, vulnerable to a rug pull. But there’s an alternative for nimble investors. That is to look for inexpensive stocks. In this special presentation, we’re looking at seven stocks that you can buy today for under $20 per share. In many cases, these stocks are under $10 and some are even trading under $5. That means you can buy 100, 200, 400 shares or even more with a $2,000 investment. That’s an investment that can help move your portfolio. However, these stocks also present investors with a substantial risk. Many of these companies are small-cap stocks which can be more volatile than more stable large-cap stocks. That’s a risk that many investors are willing to take if they have speculative cash to put at risk. However, investors need to keep in mind that sometimes stocks trade for under $20 because of underlying fundamental problems. Some of these companies generate little revenue, and many are not yet profitable. Nevertheless, if you have an appetite for some risk, here are seven stocks under $20 for you to consider. View the 7 Stocks Under $20 That May Double by 2024 Laycee Kluin
MarketBeat
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