- Price less than or equal to $10
- Average Dollar Volume greater than or equal to $1,000,000
(Price x volume shows you how much money is trading in and out of the stock on a daily basis.)
- Weekly Volume greater than Previous Week's Volume (any two out of three weeks)
(Want to see increasing volume to show greater investor interest and demand.)
- Zacks Rank less than or equal to 3
(No Sells or Strong Sells.)
- Average Broker Rating less than or equal to 3.5
(Average Broker Rating of a Hold or Better.)
- # of Analysts in Rating greater than or equal to 2
(Minimum of at least two analysts covering the stock.)
- % Change F1 Earnings Estimate Revisions -- 12 Weeks greater than or equal to 0
(Preferably upward earnings estimate revisions, but definitely no downward revisions.)
BSX Boston Scientific Corp.
BYD Boyd Gaming Corp.
DCT DCT Industrial Trust Inc.
GPK Graphic Packaging Holding Co. I think each one of these picks has big potential. And the entire list is worth a thorough analysis. I would not suggest filling up an entire portfolio of stocks under $10 though. But adding a careful selection of some of the best cheap stock names could add some excess returns to your bottom line, not to mention a little excitement to your stock picking process as well. Get the rest of the stocks on this list and start screening for the best stocks under $10 for yourself. And don't forget to backtest your strategy so you'll know how successful it's been before you put any of your money at risk. You can do it. Sign up for a free two week trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: http://www.zacks.com/performance.