7 top stocks under $5
In a hot market where the popular names may cost hundreds of dollars a share, the real upside may be in stocks that go for less than five bucks. Here's a look at Sirius and 6 other promising prospects.
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No thanks, I like my big dividend payers.They pay for my golf,nice reataurants,tennis
and goof off money.
Buying shares in small cap start up mining companies is like buying lottery tickets.
The last recommendation I bought went bust. All $2000 I invested down the drain. It takes a lot of gains elsewhere or dividends paid to you to make up for such horrific losses.
Remember that shares are under $5 for a reason and are speculative by nature and should only be a small part of your portolio.
Even so, studies have shown that people who avoid such penny and low cap stocks have better returns in the long run than people who gamble a portion of their holdings thusly.
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[BRIEFING.COM] At midday, the major averages hover near their lows with the Russell 2000 (-1.5%) pacing the retreat once again. Including today's loss, the small-cap index is lower by 3.5% so far in December. Meanwhile, the S&P 500 sports a loss of 0.8%, which extends its December decline to 1.0%.
There was no specific news catalyst responsible for the selling. Instead it appears to be a case of broad-based profit-taking with eight of ten sectors retreating in unison. ... More
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