The Gist
These five stocks have catalyst for upside and are trading at attractive valuations. These facts are subjective and taken alone carry little weight, but it’s a good starting point when looking for buying opportunities.
Additionally, the five stocks are trading at or below $10. Stocks trading for $10 or less tend to be more volatile with frequent, large percentage moves in the stock price. This provides the opportunity for greater returns (or losses) relative to the market. These are stocks with market caps of $3 billion or greater. Stocks trading under $10 may provide more bang for your buck.
Finally, the companies have had some very positive developments occur recently. Now, simply selecting stocks trading for less than $10 and near book value is only the first step to finding winners that may provide alpha. We still need to perform further due diligence to determine if these dogs