As the market continues to struggle, it isn’t unreasonable to find stocks under $10 to double your money in a year.
A good reason to talk about stocks under $10 to double your money is that small investors can create a diversified portfolio with limited funds. Also, stocks under $10 do not necessarily imply speculative stocks. My focus has always been on attractive businesses that are worth holding for the medium to long term.
When prices surge higher, euphoria results in overvaluation. Similarly, when there is a deep correction, fear results in undervaluation. These undervalued stocks under $10 can double at the blink of an eye.
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