5 Scorching Stocks Trading Under $ 10 With Huge Upside Potential – 24/7 at Wall St.

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While most of Wall Street focuses on large and large cap stocks because they provide a degree of safety and liquidity, many investors are limited in the number of stocks they can buy. Many of the largest public companies, especially the tech giants, trade in the hundreds, up to over $ 1,000 a share or more. At these high prices, it’s hard to get decent leverage on the number of shares.

Many investors, especially the more aggressive traders, see low-priced stocks as a way to not only make money, but also get more stocks. It can really help the decision making process especially when you are on a winner because you can still sell half and keep half.

Each week, we scan our 24/7 research database at Wall St. for stocks listed on Buy in large companies that are priced below the $ 10 level (the picks of the week last included Accuray and Grab). This week was no exception as we found five new stocks that could provide investors with solid upside potential. Skeptics of low-priced stocks should remember that at one point Amazon and Apple traded in single digits.

While they are more suited to aggressive investors (and with the number of new traders having skyrocketed over the past year and making great trading ideas even harder to come by), they could prove to be Great additions for traders looking for solid alpha potential. It is important to remember that no analyst report should be used as the sole basis for any buy or sell decision.

ADT

This leading security company is a well-known protector of homes and businesses. ADT Inc. (NYSE: ADT) is the largest home security surveillance company and the second largest commercial company in North America. The company serves over 7 million customers and installs over one million systems per year. About 94% of revenue is generated in the United States, the rest in Canada.

Google announced last year that it was buying a 6.6% stake in the home security company for $ 450 million in a deal that will allow it to provide service to customers of its security devices. domestic Nest. ADT said the companies will work to combine Nest products such as cameras, thermostats, doorbells and alarm systems with ADT’s professional monitoring installation, service and network. The company also plans to offer certain Google devices to its customers and expand the integration in the future.

Jefferies recently started hedging ADT stocks with a price target of $ 10.50, which is close to the consensus target of $ 10.75. The shares traded at $ 7.85 on Friday.

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