S&P 500   4,543.86 (-0.13%)
DOW   35,662.62 (+0.17%)
QQQ   375.70 (-0.42%)
AAPL   149.55 (+0.05%)
MSFT   310.07 (-0.22%)
FB   324.07 (-5.21%)
GOOGL   2,757.00 (-2.84%)
TSLA   907.32 (+1.49%)
AMZN   3,383.30 (-1.51%)
NVDA   229.73 (+1.24%)
BABA   179.54 (+1.19%)
NIO   39.74 (-0.58%)
CGC   13.59 (-3.21%)
GE   104.43 (+1.24%)
AMD   120.11 (+0.65%)
MU   67.84 (-1.17%)
T   25.63 (-0.50%)
F   16.41 (-0.85%)
ACB   7.20 (-2.31%)
DIS   169.81 (-0.89%)
PFE   42.80 (-0.14%)
BA   215.12 (+0.36%)
AMC   36.75 (-6.35%)
S&P 500   4,543.86 (-0.13%)
DOW   35,662.62 (+0.17%)
QQQ   375.70 (-0.42%)
AAPL   149.55 (+0.05%)
MSFT   310.07 (-0.22%)
FB   324.07 (-5.21%)
GOOGL   2,757.00 (-2.84%)
TSLA   907.32 (+1.49%)
AMZN   3,383.30 (-1.51%)
NVDA   229.73 (+1.24%)
BABA   179.54 (+1.19%)
NIO   39.74 (-0.58%)
CGC   13.59 (-3.21%)
GE   104.43 (+1.24%)
AMD   120.11 (+0.65%)
MU   67.84 (-1.17%)
T   25.63 (-0.50%)
F   16.41 (-0.85%)
ACB   7.20 (-2.31%)
DIS   169.81 (-0.89%)
PFE   42.80 (-0.14%)
BA   215.12 (+0.36%)
AMC   36.75 (-6.35%)
S&P 500   4,543.86 (-0.13%)
DOW   35,662.62 (+0.17%)
QQQ   375.70 (-0.42%)
AAPL   149.55 (+0.05%)
MSFT   310.07 (-0.22%)
FB   324.07 (-5.21%)
GOOGL   2,757.00 (-2.84%)
TSLA   907.32 (+1.49%)
AMZN   3,383.30 (-1.51%)
NVDA   229.73 (+1.24%)
BABA   179.54 (+1.19%)
NIO   39.74 (-0.58%)
CGC   13.59 (-3.21%)
GE   104.43 (+1.24%)
AMD   120.11 (+0.65%)
MU   67.84 (-1.17%)
T   25.63 (-0.50%)
F   16.41 (-0.85%)
ACB   7.20 (-2.31%)
DIS   169.81 (-0.89%)
PFE   42.80 (-0.14%)
BA   215.12 (+0.36%)
AMC   36.75 (-6.35%)
S&P 500   4,543.86 (-0.13%)
DOW   35,662.62 (+0.17%)
QQQ   375.70 (-0.42%)
AAPL   149.55 (+0.05%)
MSFT   310.07 (-0.22%)
FB   324.07 (-5.21%)
GOOGL   2,757.00 (-2.84%)
TSLA   907.32 (+1.49%)
AMZN   3,383.30 (-1.51%)
NVDA   229.73 (+1.24%)
BABA   179.54 (+1.19%)
NIO   39.74 (-0.58%)
CGC   13.59 (-3.21%)
GE   104.43 (+1.24%)
AMD   120.11 (+0.65%)
MU   67.84 (-1.17%)
T   25.63 (-0.50%)
F   16.41 (-0.85%)
ACB   7.20 (-2.31%)
DIS   169.81 (-0.89%)
PFE   42.80 (-0.14%)
BA   215.12 (+0.36%)
AMC   36.75 (-6.35%)

10 Great Cheap Stocks to Buy Now for Under $10

Posted on Friday, October 22nd, 2021 by MarketBeat Staff
As the P/E ratios of most S&P 500 companies look very expensive and the stock market continues to hit new all-time highs regularly, it's challenging for investors to find cheap stocks to buy now.

This goes for both share price since most stocks are trading higher on a per-share basis and valuation relative to earnings. Right now, the typical S&P 500 company is trading at about 25 times forward-looking earnings. Historically, S&P 500 companies have traded at about 15 times earnings in more normal markets.

While the S&P 500 as a whole is expensive, there are still a handful of undervalued stocks trading at less than $10.00 per share. Value investing opportunities for value exist if you know where to look. Putting together a list of cheap stocks to buy now requires looking into some smaller, riskier, unloved, or undiscovered parts of the market. These low-priced stocks might not look especially attractive today, but long-term investors stand to profit if they are willing to be patient and hold onto shares of these companies through multiple market cycles.

Some of these companies are great investing ideas because they're too small and too risky to attract most mutual funds and Wall Street money managers. Others have been beaten up by the market after a period of slowing earnings and profits but are now trying to turn around and bounce back.

You might find marijuana stocks, dividend-paying stocks, large-cap stocks, growth stocks, small-cap stocks, and even some bitcoin stocks in this list. While these low-priced stocks have many differences, these 10 stock picks all share a common characteristic, a super-low share price of $10.00 or less.

#1 - Companhia Paranaense de Energia - COPEL (NYSE:ELP)

Stock Price: $5.19
P/E Ratio: 1.2
Dividend Yield: 17.53 %
Consensus Rating: Buy
Ratings Breakdown: 1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: N/A

Companhia Paranaense de Energia - COPEL logoCompanhia Paranaense de Energia engages in the generation, transmission, distribution and sale of electricity. It operates through the following segments: Power Generation and Transmission (GET), Power Distribution (DIS), Telecommunications (TEL), GAS, Power Sale (COM), and Holding Company (HOL). The GET segment include production of electricity from hydraulic, wind, and thermal projects (GER) and also provides services of transmission and transformation of electric power.Read More 


#2 - NN (NASDAQ:NNBR)

Stock Price: $5.13
P/E Ratio: 1.6
Consensus Rating: Buy
Ratings Breakdown: 1 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $8.00 (55.9% Upside)

NN logoNN, Inc engages in the design and manufacture high-precision components and assemblies primarily for the electrical, automotive, general industrial, aerospace and defense, and medical markets. It operates through the Mobile Solutions and Power Solutions segments. The Mobile Solutions segment manufactures system critical components for fuel systems, engines and transmissions, power steering systems, and electromechanical motors.Read More 


#3 - Crescent Point Energy (NYSE:CPG)

Stock Price: $4.99
P/E Ratio: 1.7
Dividend Yield: 0.20 %
Consensus Rating: Buy
Ratings Breakdown: 9 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $7.75 (55.3% Upside)

Crescent Point Energy logoCrescent Point Energy Corp. engages in the exploration, development and production of oil and gas properties. Its focus areas include: Viewfield Bakken, Flat Lake Torquay, and Shaunavon. The company was founded on April 20, 1994 and is headquartered in Calgary, Canada.


#4 - Maiden (NASDAQ:MHLD)

Stock Price: $3.21
P/E Ratio: 1.9
Consensus Rating: Hold
Ratings Breakdown: 0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $2.00 (37.7% Downside)

Maiden logoMaiden Holdings Ltd. engages in the provision of non-catastrophic, customized reinsurance products and services to small and mid-size insurance companies. It operates through the Diversified Reinsurance and AmTrust Reinsurance segments. The Diversified Reinsurance segment consists of a portfolio of property and casualty reinsurance business.Read More 


#5 - Companhia Siderúrgica Nacional (NYSE:SID)

Stock Price: $4.34
P/E Ratio: 2.0
Dividend Yield: 9.74 %
Consensus Rating: Buy
Ratings Breakdown: 1 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: N/A

Companhia Siderúrgica Nacional logoCompanhia Siderurgica Nacional engages in the production and sale of integrated steel. It operates through the following segments: Steel, Mining, Cement, Logistics, and Energy. The Steel segment offers flat steel, long steel, metallic containers, and galvanized steel. The Mining segment encompasses the activities of iron ore and tin mining.Read More 


#6 - Ovid Therapeutics (NASDAQ:OVID)

Stock Price: $3.56
P/E Ratio: 2.1
Consensus Rating: Hold
Ratings Breakdown: 1 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $10.83 (204.3% Upside)

Ovid Therapeutics logoOvid Therapeutics, Inc is a biopharmaceutical company, which engages in the development of medicines for patients and families living with rare neurological disorders. The company was founded by Matthew During in April 2014 and is headquartered in New York, NY.


#7 - Telefónica (NYSE:TEF)

Stock Price: $4.45
P/E Ratio: 2.3
Dividend Yield: 7.27 %
Consensus Rating: Hold
Ratings Breakdown: 3 Buy Ratings, 5 Hold Ratings, 3 Sell Ratings.
Consensus Price Target: $3.40 (23.6% Downside)

Telefónica logoTelefónica SA engages in the provision of communication, information and entertainment solutions. It operates through the following brands: Telefónica, Movistar, O2, and Vivo. The company was founded on April 19, 1924 and is headquartered in Madrid, Spain.


#8 - Oxford Square Capital (NASDAQ:OXSQ)

Stock Price: $4.17
P/E Ratio: 2.3
Dividend Yield: 10.22 %
Consensus Rating: Hold
Ratings Breakdown: 0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: N/A

Oxford Square Capital logoOxford Square Capital is a business development company primarily engaged in providing capital to technology-related companies. TICC concentrates its investments in companies having annual revenues of less than $200 million and/or a market capitalization or enterprise value of less than $300 million.


#9 - Blueknight Energy Partners (NASDAQ:BKEP)

Stock Price: $3.29
P/E Ratio: 2.9
Dividend Yield: 4.76 %
Consensus Rating: Hold
Ratings Breakdown: 0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $2.00 (39.2% Downside)

Blueknight Energy Partners logoBlueKnight Energy Partners LP engages in the operation of independent asphalt facilities. It provides integrated terminalling services for companies engaged in the production, distribution, and handling of liquid asphalt. The company was founded on February 22, 2007 and is headquartered in Tulsa, OK.


#10 - PennantPark Investment (NASDAQ:PNNT)

Stock Price: $6.73
P/E Ratio: 3.0
Dividend Yield: 7.06 %
Consensus Rating: Buy
Ratings Breakdown: 3 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $5.83 (13.3% Downside)

PennantPark Investment logoPennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The firm invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, subordinated loans, mezzanine loans, and senior secured loans.Read More 


 

7 Stocks That Can Help You Profit From Summer Shortages

One of the lingering impacts of the Covid-19 pandemic is the supply chain disruptions that continue to bedevil many sectors. By now, every investor is aware of the global chip shortage that is disrupting many sectors that were projected to have strong growth in 2021.

But there are many more sectors that are being affected by supply chain disruptions. And this affects everything from big-ticket items like cars to everyday items like pet food and even bacon.

The focus of this special presentation is seven companies that stand to benefit from the current disruption in the supply chain. All of these companies delivered strong gains in 2020. Some of them have weakened in 2021, but that was before the full extent of the supply chain weakness was discovered.

As the economy reopens, the shortage of items is likely to continue and become much more notable. When they do, many of these stocks may get overpriced. That’s why now is the time to get in on these stocks that can help you work the supply chain in your favor.

View the "7 Stocks That Can Help You Profit From Summer Shortages" Here.





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