Many investors don’t pay much attention to stocks trading in single digits. That could be because they believe there must be a reason why these stocks are trading at such cheap prices. But they’re mistaken. For example, at different points in the past 20 or so years, shares of Apple (AAPL), Amazon (AMZN), and Netflix (NFLX) were all trading under $10.
Currently, there are more than 2,700 stocks trading under $10 listed on the AMEX, NYSE, and NASDAQ exchanges. Though many that aren’t worth adding to your portfolio, there are some that offer investors the chance to scoop up shares of fundamentally sound companies at cheap prices.
