
One group that we haven't covered much at all here at GrowYourFunds are the very low priced stocks. The reason for this is I generally don't deal too much with these stocks because of the risk with them, and my hatred for the penny stock game. Given the demand for stocks under $10, I decided it would be a good idea to provide readers with a look at a few of the top stocks under that price. None of these stocks will trade over the counter since I don't want to deal in the penny stocks. ![]()
- Brocade (Nasdaq:BRCD)- BRCD has had a monstrous fall from its highs in 2001, just short of $150 per share. The company though has begun to turn itself around and analysts are raising their profit estimates on this company. The economic environment is positive for Brocade right now.
- RF Micro Devices (Nasdaq:RFMD) RFMD is another tech company that had fallen onto hard times, but is turning it around slowly. The mobile communication technology the company has is quite impressive.
- Brigham Exploration (Nasdaq:BEXP) This indpendent oil and gas company has been disappointing in the past year or two, but it still has potential. This pick is based on continuing high energy prices as well.
- OraSure Technologies (Nasdaq:OSUR) OraSure is best known for its quick HIV tests. The company has the best technology for fast HIV tests, and while the bottom line hasn't shown it yet, the company has a lot of promise.
- Top Tankers (Nasdaq:TOPT) This $3 stock is an area where it should be doing better than it has, but the strong demand for water transportation may bring this one higher in the future as well.
These five stocks are all very speculative, but it is difficult to find stocks under $10 that aren't very speculative. The stocks are under $10 for a reason, there's usually been quite a bit of negative news around them. Myself I like to avoid stocks like this most of the time, but many investors like speculating with these type of picks. If you are looking for a speculative low priced stock to add to your portfolio you could do worse than one of these five names.







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