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Best Stocks Under $10

Benzinga’s best stocks under $10 list includes firmly established companies as well as relatively new companies with a viable product or service.

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Gold Fields (NYSE: GFI)

Gold Fields Ltd stock is definitely a gold play. The company operates mines around the world and could be a good way to diversify your portfolio to indirectly include exposure to the price of gold. Because of a recent rise in geopolitical uncertainty, the price of gold has appreciated considerably in recent months.

Gold Fields stock has also been upgraded by a number of analysts to a “strong buy” and it has shown rising earnings due to the rally in gold prices.

11.71 -0.635 (-5.15%)
Volume 5.00M Market Cap 10.34B
11.44 - 11.89
3.79 - 14.9
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Zynga (NASDAQ: ZNGA)

According to 13F filings made with the Securities and Exchange Commission (SEC), Zynga stock was revealed to be favored by hedge funds. The company’s trailing 12-month (TTM) EPS are $0.06. Despite trading close to the top of its yearly range, Zynga’s stock price could see a breakout to higher levels.

9.30 0.19 (2.09%)
Volume 18.25M Market Cap 8.89B
8.94 - 9.34
5.65 - 10.69
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Vonage Hldgs (NASDAQ: VG)

Vonage Holdings Corp. has been a name to reckon within the field of VoIP and now has an integrated unified communications network used by thousands of businesses worldwide. The company prides itself on operating the world’s most flexible cloud communications network, although it competes with similar free and low-cost services like Google Voice.

While this company’s TTM EPS are currently negative at -$0.09, many analysts consider the tech company’s stock a viable investment given its current low price level.

10.92 -0.04 (-0.36%)
Volume 1.50M Market Cap 2.68B
10.75 - 11.145
4.18 - 12.985
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General Electric (NYSE: GE)

General Electric investors have endured years of disappointment, but GE’s new CEO, Larry Culp, has implemented an aggressive restructuring plan that includes improving the profitability and cash flow of the company’s underperforming power and renewable energy segments.

GE reported a 13.1% drop in revenue and just 67 cents of adjusted EPS in 2019, but Culp said in September that GE’s industrial free cash flow will return to positive territory in the second half of 2020 and beyond. At under $7 per share, GE currently trades at just 18.4 times forward earnings and 0.6 times sales.

7.72 0.4 (5.46%)
Volume 95.77M Market Cap 67.53B
7.32 - 7.75
5.48 - 13.26
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Mitsubishi UFJ Financial (NYSE: MUFG)

Mitsubushi UFG is Japan’s largest banking group and accounts for 8.8% of all domestic loans and 11.2% of all deposits. The banking environment in Japan is pressured given the low interest rate environment, but Mitsubishi UFG trades at just 6.6 times forward earnings and pays a 5.7% dividend.

In addition, Mitsubishi UFG recently got a vote of confidence from legendary Wall Street value investor Warren Buffett, who bought a $7 billion stake in Mitsubishi UFG and four other Japanese trading companies.

4.05 0.005 (0.12%)
Volume 80.56K Market Cap 52.07B
4.042 - 4.07
3.3228 - 5.54
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Stocks Under $10 Movers of the Day

Any of the stocks listed above could have big moves as a result of extraordinary earnings, a takeover bid by another company or other impacting news releases. With respect to big premarket movers, Gold Fields would be the most likely stock to show considerable action before markets open due to its exposure to the gold market that trades around the clock.

The data provided below is intended for educational purposes only, we have included the session dates for your reference.

Premarket Stocks Under $10
Symbol Last Price Change % Change Trade
TC 6 5.24 689.47% Trade
OEG 0.9491 0.23 31.91% Trade
HPR 0.1582 0.028 21.22% Trade
BGI 1.06 0.18 20.45% Trade
YTRA 1.05 0.173 19.72% Trade
GLBS 8.95 1.39 18.38% Trade
PSHG 0.5875 0.078 15.19% Trade
IMAC 0.915 0.115 14.37% Trade
DXLG 0.29 0.035 13.72% Trade
IDEX 0.96 0.109 12.86% Trade
Symbol Last Price Change % Change Trade
ISIG 0.9095 -0.84 -48.03% Trade
TLGT 0.7031 -0.342 -32.72% Trade
JT 0.639 -0.241 -27.39% Trade
TGC 1.1601 -0.33 -22.15% Trade
ITP 0.56 -0.101 -15.34% Trade
BBI 0.7201 -0.109 -13.19% Trade
LLIT 0.4627 -0.057 -11.02% Trade
RIVr 0.0081 -0.001 -8.99% Trade
LKCO 0.581 -0.056 -8.77% Trade
AUMN 0.4444 -0.036 -7.46% Trade
Market Stocks Under $10
Symbol Last Price Change % Change Trade
TC 3.18 2.42 318.42% Trade
BGI 1.2 0.32 36.36% Trade
ICON 0.8245 0.13 18.65% Trade
DXLG 0.28 0.025 9.8% Trade
IDEX 0.9195 0.069 8.1% Trade
REI 0.77 0.047 6.51% Trade
HPR 0.1375 0.007 5.36% Trade
MSN 1.01 0.049 5.14% Trade
RETO 0.8165 0.036 4.67% Trade
ALJJ 1.03 0.045 4.56% Trade
Symbol Last Price Change % Change Trade
ISIG 1.28 -0.47 -26.86% Trade
PLIN 0.95 -0.21 -18.11% Trade
TGC 1.24 -0.25 -16.78% Trade
JT 0.75 -0.13 -14.78% Trade
NEOS 0.76 -0.103 -11.92% Trade
ITP 0.59 -0.071 -10.8% Trade
TLGT 0.9372 -0.108 -10.32% Trade
LLIT 0.4712 -0.049 -9.39% Trade
CHEK 0.312 -0.03 -8.8% Trade
SB 0.95 -0.075 -7.32% Trade
After Hours Stocks Under $10
Symbol Last Price Change % Change Trade
JT 0.73 0.098 15.48% Trade
XELB 1.2 0.1 9.09% Trade
BTE 0.39 0.028 7.85% Trade
HNRG 0.8592 0.058 7.25% Trade
DFFN 0.9 0.051 5.98% Trade
DXLG 0.31 0.016 5.44% Trade
SXTC 0.32 0.014 4.57% Trade
KIQ 0.6059 0.025 4.28% Trade
CLSN 0.599 0.024 4.17% Trade
GPOR 0.2925 0.011 4.05% Trade
Symbol Last Price Change % Change Trade
MDLY 0.65 -0.17 -20.77% Trade
TC 5.02 -1.01 -16.75% Trade
BGI 0.9301 -0.12 -11.42% Trade
OEG 0.905 -0.062 -6.46% Trade
IZEA 0.7699 -0.05 -6.13% Trade
JILL 0.8124 -0.038 -4.43% Trade
TGC 1.12 -0.05 -4.28% Trade
ENG 0.883 -0.037 -4.03% Trade
PLIN 1.06 -0.04 -3.64% Trade
GPL 0.84 -0.03 -3.45% Trade

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stock. Also, if you select the stocks of companies in promising industrial sectors or those that have a unique and popular product or service, you stand a much better chance of selling your stock for a tidy profit after the shares have had a chance to appreciate.  

Overview: Best Stocks Under $10

Our diversified list of the best stocks in this category includes stocks representing a gold miner, a mobile gaming platform, a telecommunications company, a biopharmaceuticals firm, and an engineering products and industrial services company. 

  • Gold Fields Ltd. is an international gold producer that operates nine mines in Australia, Peru, Chile, and South and West Africa. 
  • Zynga Inc. is an online gaming platform and a leading developer of some of the most popular social games played on the internet. Millions of people use this gaming platform every day. 
  • Vonage Holdings Corp. is one of the original providers of the Voice over Internet Protocol (VoIP) that allows users to make telephone calls over the internet. Vonage provides an excellent unified communications platform for businesses. 
  • General Electric is one of the largest U.S. diversified industrial companies. The company’s primary business segments include aviation, healthcare, power and renewable resources.
  • Misubishi UFG is Japan’s largest financial group. The company provides retail, corporate and investment services, asset management and other non-banking services.

Another advantage of stocks under $10 is that some of these stocks can make a good choice for short and medium-term trading strategies. Buying shares of a lower dollar amount also limits your exposure to risk, since the stock already sells for a low price. The lowest that price can go is zero. Investing in high-priced stocks means you generally have a lot more to lose in the event of a sharp stock market downturn as traders have seen in the recent past. 

Investing in any stock carries the inherent risk of the insolvency of the company and other adverse events that can lead to a decline in the stock’s value. This can cause you to lose your entire investment. Some stocks under $10 can suffer from liquidity issues, which can adversely affect your ability to transact large amounts.

Best Online Brokers for Best Stocks Under $10

If you want to start buying stocks under $10, as well as stocks under $20 and stocks under $5, any reputable broker that can facilitate stock transactions on U.S. exchanges can buy stock for you. Some of them will even let you trade commission-free, such as Robinhood, for example. 

Other commission-free online brokers you can buy stocks under $10 with include TD Ameritrade and E*TRADE. More experienced, well-funded and active traders can use Interactive Brokers, although that broker does charge inactivity fees and has a high minimum deposit requirement.  

Commissions
$0
Account Minimum
$0
Get started securely through Webull’s website
Commissions
$0
Account Minimum
$0
1 Minute Review

Webull, founded in 2017, is a mobile app-based brokerage that features commission-free stock and exchange-traded fund (ETF) trading. It’s regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Webull offers active traders technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Webull’s trading platform is designed for intermediate and experienced traders, although beginning traders can also benefit.

Webull is widely considered one of the best Robinhood alternatives.

Best For
  • Active traders
  • Intermediate traders
  • Advanced traders
Pros
  • Commission-free trading in over 5,000 different stocks and ETFs
  • No account maintenance fees or software platform fees
  • No charges to open and maintain an account
  • Leverage of 4:1 on margin trades made the same day and leverage of 2:1 on trades held overnight
  • Intuitive trading platform with technical and fundamental analysis tools
Cons
  • Does not support trading in options, mutual funds, bonds or OTC stocks
Commissions
$0
Account Minimum
$0
Get started securely through TradeStation’s website
Commissions
$0
Account Minimum
$0
1 Minute Review

TradeStation is for advanced traders who need a comprehensive platform. The brokerage offers an impressive range of investable assets as frequent and professional traders appreciate its wide range of analysis tools. TradeStation’s app is also equally effective, offering full platform capabilities.

Best For
  • Advanced traders
  • Options and futures traders
  • Active stock traders
Pros
  • Comprehensive trading platform and professional-grade tools
  • Wide range of tradable securities
  • Fully-operational mobile app
Cons
  • Confusing pricing structure to leave new traders with a weak understanding of what they pay
  • Cluttered layout to make navigating TradeStation’s platform more difficult than it should be
Commissions
$0 $6.95 for OTC Stocks
Account Minimum
$0
Get started securely through TD Ameritrade’s website
Commissions
$0 $6.95 for OTC Stocks
Account Minimum
$0
1 Minute Review

This publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients.

Best For
  • Novice investors
  • Retirement savers
  • Day traders
Pros
  • World-class trading platforms
  • Detailed research reports and Education Center
  • Assets ranging from stocks and ETFs to derivatives like futures and options
Cons
  • Thinkorswim can be overwhelming to inexperienced traders
  • Derivatives trading more costly than some competitors
  • Expensive margin rates

Features to Look for in Best Stocks Under $10

  1. Desirable product or service: When selecting a lower-priced stock, one of the first considerations for an investor is whether the company makes a product or service currently in demand and that holds promise for future earnings.
  2. Good financials: The financials of a lower-priced stock show the company’s assets and liabilities, so you want to look for a company with a solid financial situation. Reviewing financial statements might also indicate any challenges the company is facing that have caused the stock to sell off or if the company’s earnings per share (EPS) have yet to reflect future business possibilities.
  3. Liquidity: Since liquidity can be an issue with low-priced stocks, you should typically look for those with a minimum daily volume of at least 1 million shares. Liquidity in the stock allows you to transact shares quickly and it gives you the opportunity to trade short-term strategies that work well for inexpensive stocks. 

Are Stocks Under $10 Worth Buying?

The answer to this question is a resounding “Yes!” A low-priced stock with a viable product or service, decent financials and a liquid market can provide you with a good store of wealth, an appreciating asset and/or an adequate vehicle for short-term trading. 

You do have to choose carefully since some stocks under $10 are definitely headed for insolvency and you could lose your entire investment. Still, depending on your risk profile and your financial goals, buying stocks under $10 as an investment could make a lot of sense and could provide you with a handsome return if you pick the right stock.

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