Market Overview

Looking For Stocks Trading Under $10? Here Are 5 You Can Buy Right Now

Looking For Stocks Trading Under $10? Here Are 5 You Can Buy Right Now

John Dorfman of Guru Focus presented a list of five stocks investors should consider buying that are trading for less than $10 a share.

According to Dorfman, stocks trading in the single-digit values are considered risky, racy and volatile, but at the same time, they offer an outsized return if discovered by institutional investors.

Here are his top five picks:

1. Pier 1 Imports Inc (NYSE: PIR)

Pier 1 is a seller of home decor and furniture and should benefit over the next two years given the U.S. dollar's strength, which favors importers and an increase in household formations.

Related Link: On Valuation, These Dividend ETFs Are Bargains

2. Hampton Roads Bankshares, Inc. (NASDAQ: HMPR)

Hampton Roads is a regional bank based in Virginia; its stock is trading for less than its book value and at a multiple of just three times earnings.

3. New Home Company Inc (NYSE: NWHM)

New Home Company is a California-based home builder whose stock price is trading at 0.4 times revenue, 0.9 times book value and 10 times earnings. However, the company has taken on debt as of late to finance its expansion.

4. Noble Corporation Ordinary Shares (UK) (NYSE: NE)

Noble Corporation is a UK-based offshore driller; its stock is trading way under book value.

5. Hailiang Education Group Inc (ADR) (NASDAQ: HLG)

Hailiang is a China-based education company that boasts a debt-free balance sheet and a market value of just $206 million.


Related Articles (HMPR + HLG)

View Comments and Join the Discussion!

Posted-In: Guru Focus John Dorfman Stocks Under $10Analyst Color Long Ideas Media Trading Ideas General Best of Benzinga

Latest Ratings

INTCJP MorganMaintains70.0
STMCanaccord GenuityMaintains47.0
ELDeutsche BankMaintains248.0
UAADeutsche BankMaintains13.0
INTCDeutsche BankMaintains55.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at