That’s because the footprint of potential vulnerabilities has expanded. While telecommuting has been a true blessing for millions of worker bees, it poses a security nightmare for corporations. Indeed, with Covid-19 cases still elevated despite a huge drop recently in daily infection rates, the modern workplace could still be mired in the new normal, boosting the narrative for ZIXI stock. In this case, the company focuses on email encryption and other platforms designed to secure cloud migration and protect operations under the modern workplace. Similar to the thesis for Magal, Zix Corporation is in the business of keeping assets safe. Please keep this in mind as we rifle through these 10 stocks under $10. My wager, then, is that these are solid companies that have been hit with bad timing or they’re levered to incredibly relevant trends. Now, I want to be clear that most of these companies are speculative. Ocean Power Technologies (NASDAQ: OPTT).But with these 10 stocks under $10, you’re possibly taking some of this risk off. The high-flying names are subject to market gravity, which amplifies the risk of potentially holding the bag. Certainly, I would reject any offers to write about them in a single piece: can you imagine!?įurther, there’s a strong case to be made for discounted equities. It’s not possible for Robinhooders – or any demographic, frankly – to load their portfolio with 2,800 stocks to buy. Just in the New York Stock Exchange alone are listed 2,800 companies. Indeed, there are several plays available across many relevant sectors that are just waiting for wider recognition. And this makes stocks under $10 all the more attractive. That’s just a combination of math and nature at work. But typically, as shares enjoy substantial upside, the ability to keep on moving forward is limited. In large part, this is due to a new wave of investors diving into the market. True, the high-profile companies have jumped substantially higher. However, that might not necessarily be the case. While that’s positive on a broader sentiment scale, it presumably doesn’t bode well for stocks under $10: all the good opportunities are taken. Trump stated in his farewell address, the market is now higher than it was right before the pandemic. While the novel coronavirus has devastated Main Street and particularly small businesses, it’s been a cynical boon for Wall Street. A transition in power is always exciting for investment opportunities and that is especially the case for stocks under $10.įirst off, they exist. Despite my own reservations about the equities sector, I’d like to present the other side of the argument. Biden is the 46 th President of the United States. Whether or not we voted for him, Joseph R. As I write this, the months of election-related drama has officially come to a close.
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