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At Zacks, we try to avoid labeling stocks as “cheap” or “expensive.” Instead, we opt to look beyond a stock’s face value, and our system puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
With that said, low-priced stocks can still be attractive to investors as they present the chance to take a larger position in a company, which they might not be able to in higher-priced stocks. When searching for these low-priced stocks, we still look for similar trends in growth, value, and momentum. Then we apply the Zacks Rank to properly analyze the potential that these companies have.
Today we’ve highlighted five stocks that are currently trading for under $10 per share. All of these stocks currently sport a Zacks Rank #2 (Buy) or better, and the selected companies are showing signs of outpacing the market throughout 2019.
Check out these five great stocks under $10 for 2019:
BlackBerry rose to prominence on the back of its once-iconic brand of smartphones. The firm recently ditched hardware manufacturing and now operates as an enterprise software and services company. BB currently holds a #1 (Strong Buy) rank and has a projected long-term EPS growth rate of 18.6%, on an annualized basis. BlackBerry has also seen some positive earnings estimate revision activity recently.
At 49.6X earnings, the stock might appear overvalued even at its current $8.26 a share price tag, but a PEG ratio of 2.7 shows that potential BlackBerry investors are actually getting a reasonable price for this earnings growth potential. What’s more, the firm is trying to establish itself as a segment leader in mobile and in-car enterprise security, which could lead to huge benefits for investors down the road.
Digital Turbine is coming off a third quarter that saw it top earnings and revenue estimates. The company operates in our Internet – Software industry and its business tries to connect OEMs, mobile operators, and publishers with advertisers and app developers. APPS’ positive earnings revision activity helps it earn a #1 (Strong Buy) rank.
The Austin, Texas-based company is expected to swing from an adjusted loss of $0.01 per share in the year-ago period to earnings of $0.02 a share in the current quarter, based on our current Zacks Consensus Estimate. This impressive bottom-line growth is projected to continue in the following quarter and the coming fiscal year. Digital Turbine’s bottom-line expansion is expected to be supported by 26.7% revenue growth in Q4.
3. Zix Corporation
Prior Close: $8.31 USD
Zix is an email security firm that specializes in data loss prevention, threat protection, email encryption, and more. The company is expected to see its soon-to-be-reported earnings jump 12.5% to $0.09 a share on the back of 9% revenue growth. The following quarter outlook appears far more positive for Zix, with our estimates calling for 150% top-line and 25% bottom-line expansion.
On top of that, ZIXI is trading at 22.2X earnings at the moment, which marks a substantial discount compared to its industry’s 47.2X average. Zix is currently a #2 (Buy) rank stock that holds a spot in a Security industry that currently rests in the top 9% of our 255 industries.
AudioEye is a cloud-based digital accessibility company. In short, it works with other firms that are looking to make their own websites and online platforms easier to use for those in need. For instance, AudioEye can help make a website controllable through voice commands, so that people who might not be able to use a keyboard and mouse can have the complete experience of that web-page.
AEYE boasts a Zacks Rank #1 (Strong Buy) at the moment amid exciting times of growth for the company. The business is heating up, with earnings growth in 2019 expected to climb 33% above 2018’s projected 57% bottom-line growth. Plus, the company is also projected to see its revenue double from 2018 to 2019. And the stock has slowly tried to crawl out of the under $10 a share range in a sign that it has gained some momentum.
InTest is a Zacks Rank #2 (Buy) at the moment that sports “A” grades for both Value and Growth in our Style Scores system. INTT makes ATE interface solutions and temperature management products that are used by semiconductor manufacturers to perform important testing of certain circuits and wafers.
The Zacks Consensus mark for Q4 and full-year earnings have both climbed by 3 cents in the last 60 days. Plus, InTest’s full-year earnings picture for its upcoming fiscal year has climbed by 5 cents during this same stretch. What’s more, the stock is trading at a nearly 50% discount compared to its industry at a P/E of just 6.9.
Zacks' Best Stock-Picking Strategy
It's hard to believe, even for us at Zacks. But from 2000-2018, while the market gained +4.8% per year, our top stock-picking strategy averaged +54.3% per year.
How has that screen done lately? From 2017-2018, it sextupled the market's +15.8% gain with a soaring +98.3% return.
Image: Bigstock
5 of the Best Stocks Under $10 for 2019
At Zacks, we try to avoid labeling stocks as “cheap” or “expensive.” Instead, we opt to look beyond a stock’s face value, and our system puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
With that said, low-priced stocks can still be attractive to investors as they present the chance to take a larger position in a company, which they might not be able to in higher-priced stocks. When searching for these low-priced stocks, we still look for similar trends in growth, value, and momentum. Then we apply the Zacks Rank to properly analyze the potential that these companies have.
Today we’ve highlighted five stocks that are currently trading for under $10 per share. All of these stocks currently sport a Zacks Rank #2 (Buy) or better, and the selected companies are showing signs of outpacing the market throughout 2019.
Check out these five great stocks under $10 for 2019:
1. BlackBerry Limited (BB - Free Report)
Prior Close: $8.26
BlackBerry rose to prominence on the back of its once-iconic brand of smartphones. The firm recently ditched hardware manufacturing and now operates as an enterprise software and services company. BB currently holds a #1 (Strong Buy) rank and has a projected long-term EPS growth rate of 18.6%, on an annualized basis. BlackBerry has also seen some positive earnings estimate revision activity recently.
At 49.6X earnings, the stock might appear overvalued even at its current $8.26 a share price tag, but a PEG ratio of 2.7 shows that potential BlackBerry investors are actually getting a reasonable price for this earnings growth potential. What’s more, the firm is trying to establish itself as a segment leader in mobile and in-car enterprise security, which could lead to huge benefits for investors down the road.
2. Digital Turbine, Inc. (APPS - Free Report)
Prior Close: $2.70 USD
Digital Turbine is coming off a third quarter that saw it top earnings and revenue estimates. The company operates in our Internet – Software industry and its business tries to connect OEMs, mobile operators, and publishers with advertisers and app developers. APPS’ positive earnings revision activity helps it earn a #1 (Strong Buy) rank.
The Austin, Texas-based company is expected to swing from an adjusted loss of $0.01 per share in the year-ago period to earnings of $0.02 a share in the current quarter, based on our current Zacks Consensus Estimate. This impressive bottom-line growth is projected to continue in the following quarter and the coming fiscal year. Digital Turbine’s bottom-line expansion is expected to be supported by 26.7% revenue growth in Q4.
3. Zix Corporation
Prior Close: $8.31 USD
Zix is an email security firm that specializes in data loss prevention, threat protection, email encryption, and more. The company is expected to see its soon-to-be-reported earnings jump 12.5% to $0.09 a share on the back of 9% revenue growth. The following quarter outlook appears far more positive for Zix, with our estimates calling for 150% top-line and 25% bottom-line expansion.
On top of that, ZIXI is trading at 22.2X earnings at the moment, which marks a substantial discount compared to its industry’s 47.2X average. Zix is currently a #2 (Buy) rank stock that holds a spot in a Security industry that currently rests in the top 9% of our 255 industries.
4. AudioEye, Inc. (AEYE - Free Report)
Prior Close: $9.90 USD
AudioEye is a cloud-based digital accessibility company. In short, it works with other firms that are looking to make their own websites and online platforms easier to use for those in need. For instance, AudioEye can help make a website controllable through voice commands, so that people who might not be able to use a keyboard and mouse can have the complete experience of that web-page.
AEYE boasts a Zacks Rank #1 (Strong Buy) at the moment amid exciting times of growth for the company. The business is heating up, with earnings growth in 2019 expected to climb 33% above 2018’s projected 57% bottom-line growth. Plus, the company is also projected to see its revenue double from 2018 to 2019. And the stock has slowly tried to crawl out of the under $10 a share range in a sign that it has gained some momentum.
5. inTest Corporation (INTT - Free Report)
Prior Close: $7.03
InTest is a Zacks Rank #2 (Buy) at the moment that sports “A” grades for both Value and Growth in our Style Scores system. INTT makes ATE interface solutions and temperature management products that are used by semiconductor manufacturers to perform important testing of certain circuits and wafers.
The Zacks Consensus mark for Q4 and full-year earnings have both climbed by 3 cents in the last 60 days. Plus, InTest’s full-year earnings picture for its upcoming fiscal year has climbed by 5 cents during this same stretch. What’s more, the stock is trading at a nearly 50% discount compared to its industry at a P/E of just 6.9.
Zacks' Best Stock-Picking Strategy
It's hard to believe, even for us at Zacks. But from 2000-2018, while the market gained +4.8% per year, our top stock-picking strategy averaged +54.3% per year.
How has that screen done lately? From 2017-2018, it sextupled the market's +15.8% gain with a soaring +98.3% return.
Free – See the Stocks It Turned Up for Today >>