Best Stocks Under $20

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Contributor, Benzinga
May 19, 2022

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AFC Gamma (XNAS:AFCG)

AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.

AFC Gamma
(XNAS:AFCG)
$17.59
0.28[1.62%]
Last update: 4:00PM
Day Range17.35 - 17.77
52 Wk Range14.9 - 23.21
Open / Close17.38 / 17.59
Vol / Avg.165.9K / 145.1K
Mkt Cap347.3M
P/E9.51
Div / Yield2.24/12.73%
Payout Ratio100.54
Total Float-

MagnaChip Semiconductor (XNYS:MX)

MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company’s product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business. It generates maximum revenue from the Standard products business segment. Geographically, it derives a majority of revenue from the Asia Pacific.

MagnaChip Semiconductor
(XNYS:MX)
$14.47
-0.31[-2.10%]
Last update: 3:59PM
Day Range14.44 - 14.91
52 Wk Range13.03 - 20.97
Open / Close14.65 / 14.48
Vol / Avg.299.2K / 517.9K
Mkt Cap649.6M
P/E9.05
Div / Yield-
Payout Ratio-
Total Float-

Evotec (XNAS:EVO)

Evotec SE is a drug discovery partnership company providing solutions to pharmaceutical & biotechnology companies, academic institutions as well as foundations, and not-for-profit organizations. The company offers its services in the area of neuronal diseases, diabetes & its complications, pain, inflammation, oncology, infectious diseases, respiratory & fibrosis, rare disease, and women’s health. Its business segments are EVT Execute and EVT Innovate. The EVT Execute segment provides stand-alone drug discovery services on a typical fee-for-service basis or integrated drug discovery collaborations. The EVT Innovate segment develops drug discovery programs and assets, both internally or through academic collaborations. The majority of its revenue is derived from the EVT Execute segment.

Evotec
(XNAS:EVO)
$14.22
-0.69[-4.63%]
Last update: 4:00PM
Day Range13.98 - 14.29
52 Wk Range10.6 - 23.63
Open / Close14.03 / 14.29
Vol / Avg.72.9K / 37.2K
Mkt Cap5B
P/E49.37
Div / Yield-
Payout Ratio-
Total Float-

Yandex (XNAS:YNDX)

Yandex NV is an internet and technology company and operating internet search engines in Russia. It builds products and services powered by machine learning. The company operates through the following segments namely, Search and Portal; Taxi; Yandex.Market; Classifieds; Media Services. Search and Portal segment offers services in Russia, Belarus, Kazakhstan which generates most of the revenue.

Yandex
(XNAS:YNDX)
$18.94
Last update: 4:00PM
Day Range- - -
52 Wk Range13 - 61.79
Open / Close- / -
Vol / Avg.- / -
Mkt Cap6.8B
P/E-
Div / Yield-
Payout Ratio-
Total Float-

Calliditas Therapeutics (XNAS:CALT)

Calliditas Therapeutics AB is a biopharmaceutical company in Sweden. The company is engaged in the provision of pharmaceutical products for patients with niche indications. It is focused on the development and commercialization of the product candidate Nefecon intended for the treatment of patients with the inflammatory renal disease IgA nephropathy, a disease that causes chronic inflammation of the kidneys.

Calliditas Therapeutics
(XNAS:CALT)
$21.335
-0.065[-0.30%]
Last update: 4:00PM
Day Range20.98 - 21.59
52 Wk Range12.55 - 25.55
Open / Close20.98 / 21.59
Vol / Avg.6.5K / 7.3K
Mkt Cap631.1M
P/E-
Div / Yield-
Payout Ratio-
Total Float-

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Stocks under $20 offer investors and traders a lower-cost alternative to more expensive stocks. Despite the misperception that lower-priced stocks carry more risk, the risk profile of many stocks under $20 compares favorably with stocks trading at much higher prices, as does the opportunity for profiting from investing in them. 

In addition, well-established stocks under $20 often pay dividends, which can be ideal for income-minded investors. Some stocks under $20 even have listed options, which can give you additional avenues of income if you wish to sell covered call options. 

Whatever your investing or trading goals might be, stocks under $20 cover a wide range of companies and can offer great opportunities for profit. 

Overview: Best Stocks Under $20

Our picks for best stocks under $20 include a precious metals and mining fund, a large computer manufacturer, an online retail outlet, a family entertainment company and an international e-commerce and internet business. Each of these stocks represents a company with a unique product or service or one that already holds a prominent position in its field.

Best Online Brokers for Stocks Under $20

If you’d like to start trading or investing in stocks under $20, as well as stocks under $10 and stocks under $5, you can through any reputable broker with access to U.S. stock markets. Many online brokers, such as Charles Schwab, Vanguard, TD Ameritrade, E*TRADE, Robinhood and Firstrade, offer commission-free trading. More experienced, active and well-funded traders can use Interactive Brokers. A broker comparison table to help you choose among them appears below. 

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Features to Look for in Stocks Under $20

  • Desirable product or service: To achieve success with stock investments, one of your first and foremost considerations should be whether the company has a viable product or service with significant current or anticipated demand for future earnings growth.
  • Good financials: Reviewing the financial profile of the companies whose stocks you’re considering buying will give you a sense of the firm’s assets and liabilities. Pick companies with a solid and improving financial situation and avoid those facing serious business challenges. You can also look for companies whose earnings per share (EPS) do not yet reflect the future business scenarios you expect for them.
  • Analyst ratings: Because liquidity tends to be higher with stocks under but close to $20, many market analysts take the time to review and rate them. Their professional analysis can give you a good idea of whether a stock shows promise as an investment. Also, when a company’s stock receives a good review from a reputable analyst, it tends to attract buying interest in the stock. This then causes the stock’s market price to rise. 

Are Stocks Under $20 Worth Buying?

While some stocks under $20 are definitely worth buying and holding in your portfolio, you do need to do your research on a company before pulling the trigger. You also need to choose carefully because some stocks are on their way to 0 as their companies head toward insolvency, while others could be the next rising star. 

Consider looking for inexpensive companies to invest in with a popular product or necessary service and a respectable financial position. Also, if you plan on taking a large position or engaging in short-term trading in stocks under $20 per share, then choose those with decent market liquidity.