Low-Priced Large-Cap Stocks Under $10
Some people just like cheap stocks. For those people, penny stocks are often the trading vehicle of choice. (Check out the most recent edition of our Top Penny Stocks to Watch series.) But sometimes, investors who want to invest in cheap stocks also want their stocks to be more stable and liquid than the typical penny stock. This is where large capitalization (or large cap) stocks come in play. These are stocks that have $10 billion or more in market value, or capitalization. Here, we provide you with our Low-Priced Large-Cap Stocks Under $10, as of late January 2019.
Current Low-Priced Large-Cap Stocks
There are usually relatively few large-cap stocks that trade under $10 per share. As of late January 2019, there are only four U.S.-based stocks that fill the criteria. Here they are (along with their current prices and 1-year performance figures as of the market close on 1/25/2019):
- S: Sprint | Price: $6.18 | 1-Year Performance: +17.49%
- SIRI: Sirius XM | Price: $5.82 | 1-Year Performance: +1.57%
- F: Ford Motor | Price: $8.86 | 1-Year Performance: -26.47%
- GE: General Electric | Price: $9.16 | 1-Year Performance: -44.28%
Clearly, there’s a wide range in terms of recent 1-year performance among these low-priced stocks. To the downside, General Electric had a notoriously rough 2018, as did Ford Motor Company. Sirius XM Holdings was on the rise until mid-year 2018 before spending the rest of the year falling. Finally, Sprint had a choppy year last year, but has ended up with double-digit one-year performance.
This is in no way an endorsement of these low-priced large-caps. But they may present a better alternative to thinly-traded penny stocks for those traders and investors looking for cheap stocks to buy. As always, research, trade, and invest wisely.
IMPORTANT: The information above should not be construed as investment advice and should not be considered as a solicitation to buy or sell securities. Trading and investing in the financial markets involves substantial risk of loss, and may not be suitable for all investors.
Disclosure: At the time of this article’s publication, we have no position in any security or trade/investment mentioned, nor do we have any business relationship with any company whose stock may be mentioned.
Senior Technical Analyst at The Technicals
As a momentum stock trader, Luke focuses mostly on strong market moves. Luke has been trading the markets since the early 2000s, but still gets excited by big movers. Whether a surging large-cap tech company or meteoric penny stock, Luke tracks and trades winners. A technical analysis purist, Luke authors many of our Top Stocks & ETFs reports. Contact Luke