Cheapest micro cap stocks
In other words, Infinera is a communications infrastructure company that helps transmit huge amounts of information over long-distance fiber optic cables and optimize transmissions by providing software, data and analytics to institutions.
#Cheapest micro cap stocks software
Infinera ( INFN, $9.05) is a high-tech company serving mainly telecommunications service providers through "optical transport networking equipment" and related software and services. If you're particularly optimistic about vehicle sales picking up in the months ahead as COVID-19 restrictions wane and spending picks up, this cheap stock could be a natural beneficiary of such a trend. And as the dominant player in the satellite space, particularly in the automotive marketplace, SIRI does have a measure of stability that investors can depend on to differentiate it from the other mishmash of streaming providers. Radio has generally been a very durable technology that has avoided the extinction some have predicted thanks to high-tech disruptions. However, Sirius XM's earnings per share (EPS) continues to expand at a much faster rate than sales – a sign the company has very healthy margins. Organic revenue growth for SIRI has admittedly been slowing for the last few years, and is tracking for a roughly 4% expansion in the current fiscal year after rising just 3.2% in 2020. However, the company also provides streaming radio solutions for a digital age akin to services like Pandora and Spotify ( SPOT).Īdditionally, SIRI provides two-way wireless connectivity for cars, including roadside safety assistance, vehicle location services, satellite television services and real-time traffic and weather reports. You're likely already familiar with satellite radio service provider Sirius XM Holdings ( SIRI, $5.98) from a consumer perspective… probably from the last time you rented or purchased a car. To that end: Here are 10 cheap stocks under $10 to consider based on current performance and bullish outlooks from the pros. And we're not the only ones saying it – all the names here have consensus Buy or Strong Buy recommendations from Wall Street, according to analyst data collected from S&P Global Market Intelligence.
If you're one of these people looking to add some lower-priced investments to your portfolio, then we at Kiplinger can offer up a list of cheap stocks to buy. Instead, they find cheap stocks under $10 as a more attractive option.
With that out of the way, let's acknowledge that many investors look at high-priced stocks and wonder if they should bother adding such a pricey investment to their portfolio when they can only buy one or two shares. In fact, cheap stocks may have fallen from a higher price for good reason and now they are simply a fraction of their former size.įurthermore, slicing a $500 million company into 100 million shares worth $5 each or 1 million shares worth $500 each is really just an academic exercise, as the underlying business itself does not change.ĭoes a pizza taste differently if it's cut into 80 very small pieces instead of eight big ones? First things first: Cheap stocks are not necessarily better stocks.