7 Lottery Stocks Under $10
Unlike any of my other screens, this stock screen focuses on stocks trading under $10/share, and have a market cap of around $1 billion or less. As for the variables that I used in the screen, I focused on fundamentals, particularly companies that have a healthy balance sheet with little debt to speak of, with a strong prospect for rapid sales and growth in earnings, as well.
Now be aware, that these kinds of stocks carry huge risks to them. A simple downgrade, news event, or missed earnings target, can derail these small-cap stocks in a heart beat. But if you have some capital that you want to roll the dice with, these stocks will give you a good start in your research.
Last time I spoke of Ariad Pharmaceuticals, and in the last 2 months, since I mentioned it, has gone up well over 10%. This time around I would continue to focus on ARIA, but also FuelCell Energy (FCEL) as it appears to be attempting to put in a double bottom, and if you are really speculative, Fibertower (FTWR) could fly if it breaks above the 50-day moving average.
Here are my $10 Lottery Specials.