Low-price stocks are the favorite of retail investors. It’s understandable, as there is scope for diversification even with a small corpus. However, in general, low-price stocks come with big risks. The exposure, therefore, must be limited to avoid potential capital losses.
Fortunately, stocks under $10 represent companies with good fundamentals. Investors will not lose sleep by owning these stocks. Further, this column focuses specifically on three high-conviction stocks under $10 likely to double next year.
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