With growth stocks still driving the broad market action, savvy investors are on the lookout for any remaining “hidden gems” that might still deliver multibagger returns - without costing an arm and a leg. Stocks under $5 are one place to start the search; while low-priced growth names can be risky, it's also how some of the mega-cap members of the Magnificent Seven got their start.
Against this backdrop, we've scouted out three small-cap stocks that have outperformed their parent Russell 2000 Index (RUT) by a wide margin over the last month - but still have share prices under the $5 mark. Plus, analysts are pretty bullish on these stocks, slapping them with “Strong Buy” ratings and predicting more upside to come over the next year.
